XRP Breakdown Sparks Debate as $13 Target Stays in Focus

• XRP slips below triangle support, but EGRAG keeps $9–$13 long-term target in view.
• The analyst says XRP’s 2014 channel still holds despite six months of steady price declines.
• Analyst Pumpius links the $100 XRP case to adoption, ETFs, and full regulatory clarity across markets.

XRP has fallen below a descending triangle pattern, a move that points to short-term weakness. However, analyst EGRAG Crypto says the bigger picture still supports a bullish outlook.

In a post on X, he noted that despite the recent drop, XRP remains within a long-term channel that has guided its price for years. According to him, this broader structure matters more than the recent breakdown and keeps the $9 to $13 target in play.

Source: X

The decline followed months of pressure after XRP peaked near $3.6. Prices kept sliding and confirmed the breakdown in February 2026 when XRP closed below $1.6. Still, EGRAG maintains that short-term patterns do not override the longer-term trend.

Descending Triangle Signals Short-Term Weakness

EGRAG Crypto said XRP spent about 14 months moving in a tight range after reaching $3.4 in early 2025. During that period, the price formed a descending triangle, a pattern often linked to further declines. He noted that such setups have a “60% to 70% chance of breaking down.”

That scenario played out when XRP dropped below support and continued trading under the pattern. The move added to negative sentiment, with the token now posting six straight months of losses and showing continued selling pressure.

Bifrost Bridge Keeps Long-Term Trend Intact

However, EGRAG points to a larger ascending channel known as the Bifrost Bridge. This structure has guided XRP’s price since 2014 and still holds. He stressed that “triangles typically highlight short-term moves, but channels define the overall cycle.”

Hence, XRP remains within this channel despite recent losses. The analyst believes the long accumulation phase could fuel a stronger breakout. Moreover, he maintains that the rally that began in November 2024 has not ended.

From the current price near $1.41, XRP would need to rise between 538% and 822% to reach the $9 to $13 range. This projection depends on sustained momentum within the broader trend.

$100 Scenario Hinges on Multiple Catalysts

Meanwhile, analyst Pumpius presented a more aggressive scenario that places XRP at $100, though he framed it as highly conditional and dependent on multiple developments.

In his post, the analyst explained the outlook would require widespread use of Ripple’s On-Demand Liquidity, along with sustained inflows into XRP exchange-traded products. 

He also highlighted regulation as a key factor, noting that recent classification of XRP as a digital commodity by the SEC and CFTC provides some clarity, although the CLARITY Act still awaits approval.

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