Analyst: This Chart Says XRP Can Hit $13 Within 21 Days from Today

Crypto analyst CryptoBull has published a bold projection for XRP, stating that the asset could reach $13 by March 11, a timeline he emphasized is just 21 days away.

The forecast was shared alongside a detailed chart of the XRP/USD pair on the three-day timeframe, illustrating a long-term structural pattern that, according to the analyst, supports a sharp upward move.

The projection immediately draws attention due to both the magnitude of the target and the compressed timeframe in which it is expected to occur. CryptoBull’s post focuses solely on the technical structure visible on the chart, highlighting what appear to be converging trendlines that suggest a breakout scenario.

Chart Structure and Technical Outlook

The chart attached to the post shows XRP trading within an ascending formation on the three-day timeframe. Two prominent trendlines frame the price structure, with the upper boundary extending toward a projected price region marked at $13. The visual representation suggests that, in CryptoBull’s view, XRP is approaching a decisive technical moment.

The upper boundary of the formation is drawn to intersect $13, which is prominently displayed on the chart. The implication is that a breakout toward the upper resistance line could coincide with a rapid price expansion. The projection does not include intermediate targets but instead focuses directly on the $13 level within the specified 21-day window.

The current price region on the chart appears significantly lower than the projected target, reinforcing the scale of the anticipated move. CryptoBull’s statement is concise and does not elaborate on additional indicators, relying primarily on the structural setup displayed in the three-day timeframe.

Counterpoints Raised by Market Participants

In response to the forecast, an X user, Jeongmin, offered a more cautious assessment grounded in current resistance levels and broader market context. According to the comment, XRP is presently facing substantial resistance between $1.51 and $1.57, following what was described as a sharp rejection at the $1.66 level.

Jeongmin further noted that most institutional projections, including those attributed to Standard Chartered, place XRP closer to an $8.00 year-end target rather than a short-term objective for early March. The comment emphasized the scale of the move required to reach $13 within three weeks, estimating that such a rally would represent nearly an 850 percent increase.

The response also acknowledged recent fundamental developments, including the appointment of Brad Garlinghouse to the CFTC and institutional ETF inflows, suggesting these factors may provide underlying support. However, the commenter argued that a rise of the magnitude suggested by CryptoBull would constitute an unprecedented vertical shift within such a short timeframe.

As the March 11 date approaches, market observers will closely monitor whether the technical structure outlined by CryptoBull begins to validate the projected trajectory or whether resistance levels continue to constrain price action.

Disclaimer: This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses.

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