XRP 6-Year Pattern Points to Major Price Milestones in 2026, 2028, and 2031

• XRP has been forming a six-year reaccumulation pattern since March 2020.
• After breaking out in Nov 2024 and rallying to $3.60, XRP is now retesting the breakout zone.
• Analyst project targets of $12.8 by May 2026, $94 by Nov 2028, and up to $186 if the structure holds.

XRP appears to be trading within a long-term reaccumulation structure that began in March 2020. According to recent technical analysis, this pattern could set the stage for notable price targets projected for May 2026, November 2028, and February 2031.

Over the past few months, XRP has faced significant selling pressure. Since the fourth quarter of 2025, the cryptocurrency has declined by roughly 51%. 

At the time of writing, it trades near $1.38, which is about 61.6% from the 2025 high of $3.66. Despite this downturn, market data suggests the asset is still developing within a large multi-year technical formation that could support a strong upward move in the future.

XRP Multi-Year Symmetrical Triangle

Market analyst Ahmed Ibrahim highlighted a symmetrical triangle visible on XRP’s three-month chart. This formation began in March 2020, when the asset dropped to around $0.11. That price level established the base of the triangle’s lower trendline, marking the point where buyers began accumulating the token at extremely low valuations.

Following this bottom, XRP staged a powerful rebound that pushed the price up to $1.96 in April 2021, forming the first major peak of the structure.

After reaching that high, the price encountered resistance and began to trend downward. This decline created the upper boundary of the triangle. From there, the chart developed a classic ABCDE wave pattern over the following years.

• Wave A: concluded at the $0.11 low in March 2020
  
• Wave B: peaked at $1.96 in April 2021
  
• Wave C: bottomed near $0.30 in January 2023
  
• Wave D: climbed to $0.74 by March 2024
  
• Wave E: ended around $0.50 in November 2024, just as the triangle reached its tightest point

Breakout Followed by a Retest

In November 2024, XRP broke above the triangle from roughly $0.50. The breakout triggered a strong rally that carried the token to approximately $3.60 by July 2025.

However, the market struggled to push beyond that level. Since then, the price has retraced significantly. According to Ibrahim, the current decline likely represents a retest of the breakout zone, which is common after large technical patterns resolve.

Importantly, he believes the reaccumulation process that began in 2020 remains intact as of March 2026. This means the pattern has been forming for roughly six years and could still be developing before the next major move higher.

XRP’s Key Price Levels to Watch

Ibrahim identified several critical price areas that traders may want to monitor.

• The main correction range lies between $1.02 and $0.90
• In a deeper sell-off, XRP could fall toward $0.63
• On the upside, repeated reactions are expected near $1.92
• A sustained move above $2.20 could confirm renewed bullish momentum

However, a drop below $0.384 would invalidate the broader bullish outlook tied to this pattern.

Projected Price Targets and Timeline

Based on the triangle’s structure and the potential continuation of the reaccumulation phase, Ibrahim outlined several possible price objectives.

Short-term targets of $5.3, $8.6, and $12.8 by May 2026. Meanwhile, mid-term targets include $31 and $94 around November 2028. The analyst’s long-term target highlights $186 by February 2031.

Ultimately, if the technical structure continues to play out as expected, these levels could mark major milestones in XRP’s long-term market cycle. 

Related: XRP Price Action Signals Possible Upside, But $50 Target Sparks Debate