A crypto analyst has presented a technical case for XRP to reach between $8 and $12 by April 2027. This technical case is purely based on XRP Price Pattern on Weekly Candlestick Chart and Projection where is cryptocurrency going from here.
XRP can technically rally $8 to $12
THE foundation of the The expert’s prediction is a multi-year ascending channel that governs the price structure of
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Additionally, the weekly chart shows that XRP repeatedly reacts around the lower and middle parts of this channel before attempting to return to the upper trendline. However, the most notable part of the current positioning is where the price of XRP sits inside this structure. The ascending channel is connected to higher lows and the lower trendline is currently around $1.2 to $1.4.
It means cryptocurrency recently tested and detained the lower boundary of the channel and has since begun to curl upward, with the following projection being a return to upper trend line of the channel. This move implies that XRP is now in the early stages of what could become its strongest channel rally yet.
Interestingly, the channel’s upper boundary currently sits around $12, which matches the expert’s prediction of a $8-$12 price target zone for XRP. The Fibonacci levels on the chart also support the bullish projection. The extension of 1.618 from the channel low is around $12.15, making the $12 target more than a random number in the analysis. It aligns with the upper Fibonacci extension and the projected resistance of the channel, giving the prediction a technical basis.
XRP Price Chart. Source: @ CelalKucuker on X
What the MACD says
Another sharp feature of the chart was highlighted in the MACD panel below the price action. A circled region on the weekly MACD shows the indicator print a bullish signalwhere the blue MACD line is about to cross the orange line. This pattern is similar to previous MACD crossovers that preceded XRP’s major bullish moves, including mid-2025, which took the cryptocurrency. to a new historic record of $3.65.
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The weekly MACD is starting to print green bars, and if this holds, it would add momentum confirmation to the rebound from the lower trendline of the ascending channel.
For Kucuker 2027 planned schedule to keepXRP is expected to break through several intermediate resistance levels before the end of the year, including the psychologically significant $2.00 price level, the $3.65 price peak, and the 1.272 and 1.414 Fibonacci extensions at $4.42 and $6.70, respectively.
Featured image created with Dall.E, chart from Tradingview.com
