A market technician has suggested that XRP could target a two-digit price if it repeats a historical trend of retesting a 12-year trendline. For now, XRP is fighting to steady itself after a sharp pullback. It slipped to a low of $2.70 on Sept. 1 following a mid-July peak at $3.66. It has since recovered from the $2.70 low, climbing back above $3 as it now trades at $3.006. Notably, holding this level as solid support will decide if the recovery has real strength. Meanwhile, for the bigger picture, a 12-year chart from trader Papa shows a massive rising channel that has guided XRP since 2013. The chart uses a logarithmic scale and includes parallel boundaries, a median line, and a 12-year trendline that connects every major top over the past decade. XRP 1M Chart | Papa Meanwhile, from 2018 through 2020, XRP settled into the lower half of the channel, mostly between $0.11 and $0.50. Another rally emerged in 2021, driving the price to $1.96 by April. Papa marked this top as another rejection along the curved trendline, repeating the same pattern as 2014 and 2018. The market then cooled again, leaving XRP stuck around $0.21 to $0.70 for nearly two years. Interestingly, a new climb began in late 2024 on the back of the market-wide push following President Donald Trump’s victory. This allowed XRP to reclaim the $1, $2, and $3 levels before the recent pullback. Today, XRP has crossed the channel’s median and now sits at $3, pushing closer to long-term resistance. Papa believes the next breakout could take XRP to levels above $22, where the channel top and the 12-year trendline intersect, before a correction sets in. XRP Short-Term Opportunities Meanwhile, other analysts see shorter-term opportunities. Community commentator XRPunkie highlights an inverse head and shoulders pattern that has formed after 280 days of sideways action since December. He expects a breakout that could lift XRP to between $5 and $8. XRP 1D Chart | XRPunkie Further, market strategist Ali Martinez mentioned a descending triangle that has shaped trading since the $3.66 high in July. Data from his chart shows that XRP briefly tested $3.35 in August but hit resistance. Martinez believes that if the current recovery breaks through, XRP could aim for $3.60. If $XRP breaks out of this descending triangle, the next target is $3.60. pic.twitter.com/KdRlXLbog0 — Ali (@ali_charts) September 9, 2025 Christopher Inks, CEO of TWC, described the drop to $2.70 in July as a spring that could trigger re-accumulation. He highlighted XRP’s recovery of its monthly pivot at $2.962 as encouraging, but stresses that the real test lies at $3.3825. Inks argued that a decisive close above this level would flip the Fibonacci cluster between $3.35 and $3.43 into support, setting up a potential run toward $4.42.