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Markets

XRP could surge 60%, chart targets $2.40 as analyst signals upside

Crypto analyst Celal Kucuker has identified a technical pattern in $XRP that, if sustained, could lead to a significant rally. In a recent X (Twitter) post, Kucuker highlighted a potential su

AnonymousCryptoCompass newsroom
September 29, 2026
3 min read
NEWS
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Crypto analyst Celal Kucuker has identified a technical pattern in $XRP that, if sustained, could lead to a significant rally. In a recent X (Twitter) post, Kucuker highlighted a potential surge of 60% for the cryptocurrency, referencing historical price movements and current chart signals.

Analyst tracks historical moves

Kucuker drew parallels between XRP’s current price action and a previous advance when the token climbed from roughly $0.99 to $1.55, marking a 56.83% gain. After that move, XRP consolidated between downward-sloping trendlines before attempting to break higher.

Recent price candles indicate XRP is trading near the $1.50 to $1.55 range, revisiting the upper boundary of this technical formation. Kucuker suggested that the prior 56.83% move could serve as a benchmark for the next potential leg upward if similar conditions hold.

The prior XRP move from $0.99 to $1.55 was measured at 56.83%, and the current price setup resembles that structure, leaving room for another upward surge.

Projecting a similar percentage increase from $1.55 would place XRP around $2.40, aligning with Kucuker’s short-term upside projections.

Price Level Distance from $1.55 Fibonacci Extension $2.1825 41% higher 1.00 $2.40 55% higher 1.23 $2.5685 66% higher 1.38

Key technical levels on the chart

Kucuker’s analysis marked $2.1825 as the 1.00 Fibonacci extension, requiring a 41% move from current levels. The next area of interest is $2.40, with the 1.23 extension, followed by $2.5685 at the 1.38 extension, which would represent a 66% rally from $1.55.

The 60% surge discussed by Kucuker falls between these major targets, with the analyst basing his outlook on the historical percentage gain observed in late 2025’s price structure. The technical setup implies that a move toward these higher price points remains possible if XRP maintains price action above the descending trendline resistance.

The upside scenario depends on whether XRP can hold above $1.55, near the breakout area, and continue its advance toward these charted targets.

Analysts and traders routinely monitor such Fibonacci extensions in technical analysis to project potential support and resistance levels based on prior price swings. These projections, while widely used, do not guarantee future results.

Mini dictionary: Fibonacci extensions, in technical analysis, are horizontal lines that indicate where support and resistance are likely to occur based on key Fibonacci ratios derived from previous price movements. These tools help traders identify possible future price targets during trending market conditions.

Kucuker’s projections sparked debate among commenters. Some questioned the repeated bullish calls for an XRP rally, while others expressed optimism and voiced readiness to accumulate more tokens if the technical signal plays out.

Market sentiment and volatility

XRP currently trades near critical resistance levels. Market observers are watching to see if the token can break and sustain higher ground, which could trigger momentum toward the $2.1825, $2.40, and $2.5685 price zones outlined in the analyst’s chart.

XRP is the native asset of the XRP Ledger, a decentralized public blockchain designed for fast and efficient cross-border payments.

The outcome will likely depend on broader market sentiment, technical follow-through, and investor conviction around XRP’s ability to extend its recent rebound.

The post XRP could surge 60%, chart targets $2.40 as analyst signals upside appeared first on COINTURK NEWS.