- XRP has broken out of a long-term downtrend and reclaimed $3 as support, a key technical milestone that analysts see as bullish if it holds.
- Market analyst Steph projects a rally toward $14 this cycle, aligning with similar targets from other analysts like Papa and JD.
- XRP’s history of breaking descending patterns and rallying afterward fuels optimism, though losing $3 could flip it back into resistance and weaken the outlook.
XRP’s been through one of its roughest bull cycles yet, but according to market analyst Steph, the token still has plenty of room left to run. After months of hesitation and failed rallies, XRP has finally reclaimed the $3 level and, more importantly, turned it into solid support. That shift, Steph says, could mark the start of something much bigger.
Breaking Free From a Long-Term Downtrend
Looking at the weekly chart, XRP just snapped a multi-year descending trendline that had kept price action stuck in consolidation. These kinds of breakouts, historically, tend to precede sharp moves higher—but Steph admits this one’s been especially tough on holders. Endless consolidation phases and repeated rejections wore down patience, making it harder to trust the breakout when it finally came.
XRP’s Rollercoaster Since 2022
The token’s been here before. After the Terra collapse in 2022, XRP struggled in a brutal downtrend until a breakout carried it to $0.55. Another rejection line followed, only to be broken after Ripple scored a favorable outcome against the SEC in 2023, sparking a rally toward $0.94. Then came more downward pressure—until the U.S. elections in late 2024 flipped the script again, sending XRP as high as $3.4 in early 2025.
But that January high didn’t last. Price slipped back to the $2 range for months, building yet another descending structure. The real shift came in July, when XRP pushed back over $3 and held its ground. Steph argues that so long as XRP can keep $3 as a support floor, the bullish case stays intact. Lose it, though, and $3 risks turning into resistance once more.
Analysts Eye $14 As the Big Target
Steph’s projection? A rally toward $14—about a 348% gain from today’s $3.12 price point. He’s been calling this level since last November and doubled down now, congratulating patient holders who didn’t flinch during the months of sideways chop. He’s not alone either. Analysts like Papa and JD have also highlighted $14 as a key Fibonacci-driven target, with JD even suggesting it’s the “minimum” expectation for this cycle.
In short, XRP’s repeated history of snapping out of descending patterns gives the $14 call some weight. If $3 holds as support, the setup looks favorable. But if it cracks below again, things could get messy before bulls get their chance at that next leg up.
