XRP Targets $33 To $50 By September 2027, Research Firm Says 📈
Trading-desk observers received renewed optimism for XRP on Tuesday after Sistine Research revealed a multi-year XRP/US Dollar chart predicting an eventual rise into the $33 to $50 range. The chart shows that the 2,500-day symmetrical triangle, dating back to January 2018, resolved to the upside in mid-November 2024, leading to a significant rally.
Sistine Research argues that the current chart pattern mirrors historical movements, with a target set between $33 and $50. This prediction leverages the historical 2017 congestion zone, outlining potential price objectives based on the compression and expansion seen in the previous cycle.
The firm also notes that if the pattern is considered a cup-and-handle formation, prices could peak between $77 and $100, though these are seen as tail-risk possibilities. The key is maintaining the breakout and running the 675-day clock, suggesting an exponential rise towards the end of Q3 2027.
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