Analyst Anchors His Conviction on XRP Hitting $8, $13, and Ultimately $27

Despite the short-term volatility for XRP, a well-known market commentator has maintained conviction in three long-term bullish targets.

XRP has fallen 60% from its July 2025 peak of $3.66 and now trades around $1.45, extending a downtrend that began in Q4 2025. Despite the slump, analyst Chart Nerd maintains his long-term targets of $8, $13, and $27, arguing that updated forecasts from Standard Chartered support his projections.

Key Points

• XRP is down 60% from its $3.66 July 2025 high and currently trades near $1.45.
• Despite the downtrend, analyst Chart Nerd insists that XRP remains on track to reach higher targets long term.
• In the short term, a breakout above the $1.50 neckline pushed the price to $1.67 but failed to reach the $1.81-$1.82 target before reversing.
• Chart Nerd says holding higher lows, even near $1.20, preserves the bullish structure, while losing support could lead to lows around $0.70.
• The analyst suggests that Standard Chartered’s long-term targets of $7, $12.60, and $28 aligns with his projections of $8, $13, and $27.

XRP Four-Hour Chart Shows Possible Fakeout

In his latest video analysis, Chart Nerd first highlighted XRP’s 4-hour timeframe, pointing out what he called an Adam and Eve bullish reversal pattern. He had previously identified $1.50 as the neckline that required a breakout. On Sunday, XRP pushed above that level and printed a strong bullish candle that climbed to $1.67.

The analyst calculated a breakout target between $1.80 and $1.90 by measuring from the neckline down to the lows of the V-shaped recovery and projecting that distance upward from the breakout point. This projection placed the objective around $1.81 to $1.82. 

However, XRP stalled at $1.67 and fell back below the broken trendline, returning into the pattern structure instead of holding above $1.50. Chart Nerd confirmed he was uncertain whether the move represented a fakeout or a liquidity sweep that trapped both long and short traders. 

He highlighted heightened volatility in recent weeks, noting that XRP had rallied from $1.34 to $1.60 before the failed breakout attempt. Data shows that the asset failed to maintain support at the neckline after breaking out, which he initially wanted to see to confirm continuation.

Support Levels to Watch After Liquidity Hunt

According to Chart Nerd, XRP currently trades within a medium-range structure that has produced sharp downside drops followed by swift recoveries. He stressed that the latest rally and rejection were a mirror image of earlier V-shaped rebounds. To him, this suggests ongoing market manipulation. 

The market analyst then called attention to XRP’s liquidity heat map data that shows massive buy-side liquidity stacked between $1.60 and $2.00, with notable concentration above $1.80.

After rejecting $1.50 again, he said XRP may revisit its ascending trendline to build a higher low before attempting another breakout. Chart Nerd noted a potential ascending triangle formation that could develop if the asset prints higher lows while repeatedly testing resistance. 

He stressed that even a pullback toward $1.20, the candle close level from Feb. 5, would still preserve a higher-low structure as long as XRP holds above the prior wick lows.

According to him, it is imperative that XRP maintains its local low. He argued that holding the structure keeps the bullish reversal argument intact and preserves the possibility of reaching the $1.81 to $1.82 target gotten from both the Adam and Eve and ascending triangle formations.

XRP Must Reclaim $1.80 to $2.00 And Flip to Support

Zooming out, Chart Nerd highlighted a more critical level: the $1.80 to $2.00 neckline that XRP had held as support for over a year before losing it. After this breakdown, the price dropped to $1.11 earlier this month before staging a recovery. He now expects a potential retest of that neckline if lower-timeframe breakout targets materialize.

However, he warned that reclaiming $1.80 to $2.00 and flipping it back into support remains essential. If XRP breaks above that range in 2026 and holds it, he believes it could lead to new all-time highs later in the year. On the other hand, if the asset rallies into that zone and faces rejection, he sees downside risk extending toward $0.70.

As a result, the analyst called the $1.80 level a decisive line in the sand. Essentially, a sustained move above it strengthens the bullish case, while failure to reclaim it increases the probability of revisiting lower levels.

Standard Chartered Alignment Confirms Long-Term Targets

Meanwhile, Chart Nerd also discussed updated forecasts from Standard Chartered. The bank now projects an average XRP price of roughly $2.80 in 2026 and longer-term targets of $7 for 2027, $12.60 in 2028, and $28 by 2030. He pointed out that the bank actually lowered its previous targets, which makes the projections appear more realistic.

Chart Nerd compared those figures to his own Fibonacci extension levels drawn from the 2020 low to the 2018 all-time high. For four to five years, he has tracked extension targets around $8, $13, and $27. He pointed out that Standard Chartered’s $7, $12.60, $19 and $28 projections sit within less than a dollar of his own levels.

The analyst admitted that the bank forecasts do not guarantee outcomes, but argued that XRP previously reached the 1.272, 1.414, and 1.618 Fibonacci extensions during its last cycle. He believes a similar extension-based expansion could unfold again. 

In the short term, he accepts the possibility of further pullbacks, especially if XRP loses $1.47 and fails to build a higher low. Yet he maintains that as long as the broader structure holds and key support levels remain intact, the path toward $8, $13, and ultimately $27 remains feasible.