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Analysts say: XRP prices may become the next bull market star

2026-09-09 15:28:22
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XRP prices have risen by about 2% in the past 24 hours, and analysts predict it may become the star of the bull market.

XRP prices have risen by about 2% in the past 24 hours, bringing the token price back to around $1.42 as buyers try to continue the recent recovery. Current market data shows that the 24-hour trading range for XRP is approximately US$1.38 to US$1.45, with an increase of more than 5% in the past week.

The latest market dynamics stem from an ambitious XRP outlook report released by analyst Celal Küçüker, who often reports on CaptainAltcoin. Küçüker believes that XRP may become the "star of this bull market" and listed a series of target prices: $2.30,$3.30,$4.90,$7.50, and eventually reaching $11.60.

These numbers seem quite radical considering that XRP is still hovering around $1.42. However, Küçüker's three-day chart shows that he is not calling for a straight rise. Instead, the chart depicts several major areas of resistance that XRP must overcome before achieving higher goals.



Celal Küçüker plots a roadmap for XRP target of up to US$11.60

Küçüker's chart starts at an important long-term bottom area, around US$0.99. XRP tested the area over the summer and subsequently produced a strong rebound. The chart marked the area as a "weak low" and the subsequent rally has pushed XRP back above $1.40.

More importantly, XRP appears to have broken through the downtrend line that has suppressed prices since its 2025 high. The latest K-chart is currently consolidating above this breakthrough area, although the XRP has not yet cleared horizontal resistance around $1.50-$1.55. This is the first major test.

Küçüker's blue forecast line shows that XRP will eventually exceed US$1.50 and begin a larger arc-bottom recovery. His first major upside target is about $2.3373. The chart has multiple supply areas between $2.10 and $3.10, which means a move towards $2.30 does not necessarily provide XRP with a clear path to old highs. Buyers still have to overcome a lot of historical resistance.


The next key point is around US$3.39. This is particularly important because it is located near the main high points shown in the Küçüker chart. Continued breakthroughs in this area will represent a more significant technological development than simply restoring to US$2. From there, his goals became quite bold.



How XRP moved from US$3.30 to US$11.60

Küçüker used measured percentage expansion to build the top half of its roadmap. The first extension above the main $3.39 resistance level produced a target close to $4.91, which means a gain of about 45% from the breakthrough area.

The next expected expansion will push XRP to $7.526. This represents an increase of approximately 122% from the same major breakthrough area and places XRP in the price discovery stage shown in the chart framework. His most aggressive target is $11.628. The chart marks the action as approximately 240% above the $3.39 region. Judging from today's price of $1.42, reaching $11.60 requires an increase of more than 700%. This makes $11.60 a long-term bull market scenario rather than an immediate target.

Before considering these numbers, there is another logical process worth observing: $1.50 - 1.55 → $2.33 → $3.39 → $4.91 → $7.53 → $11.63. This process is arguably more useful than the ultimate goal itself. XRP has not yet exceeded the first resistance level, so each stage needs to be confirmed before the next stage will be technically relevant.

The bearish invalid zone is equally clear. If prices fall back to near $0.99, it would bring XRP back to where Küçüker predicted the recovery started and severely weaken the bullish roadmap.

Also read:

XRP prices may be ready to fluctuate significantly, whether or not the CLARITY Act is passed

Native lending may become the next major catalyst for XRP Ledger

Technical aspects are developing in parallel with potentially important fundamental changes for XRP Ledger. Two proposed amendments (XLS-65 and XLS-66) would introduce infrastructure for native asset vaults and lending at the ledger level.

XLS-65 introduces Single Asset Vaults, allowing assets to be pooled on XRPL. XLS-66 builds native lending agreements based on this, designed to be used for fixed-term credit.

But there is one important qualification: these amendments are not yet online. The XRPL amendment requires more than 80% support from trusted verifiers for two consecutive weeks before activation. Given that there are currently 35 validators being tracked, a strict requirement of "more than 80%" rather than just "at least 80%" means at least 29 votes are needed. Recent reports show that the support ratings of XLS-65 and XLS-66 are well below that threshold, with only about 13 and 12 supporting verifiers, respectively.

This distinction is important because institutional products around this feature are already in the pipeline. Clearpool and Cicada Partners are using RLUSD to develop an institutional credit product, with Ripple participating as an investor. Clearpool is building its lending infrastructure, while Cicada is responsible for borrower sourcing, underwriting and credit management. The system is being tested on Devnet and still depends on XLS-65 and XLS-66 being activated on the main network.

If activated, Native Lending will provide XRPL with another DeFi primitive in addition to existing payments, decentralized exchange (DEX) and tokenization capabilities. This does not mean that borrowing will automatically create proportional demand for XRP. Planned institutional products use RLUSD as a borrowing asset, while XRP's direct role includes transaction costs and ledger reserve requirements. Still, increased XRPL activity could expand the economic use of the network and provide another reason for agencies and developers to interact with ledgers.



21Shares challenges one of XRP's biggest misconceptions

XRP has also attracted attention from institutional asset manager 21Shares, which has released a detailed guide describing XRP as one of the established assets in cryptocurrencies. One of the main issues addressed was the widespread belief that Ripple controls XRP Ledger.

According to 21Shares, Ripple currently only operates one of the 35 validators in the ledger's default trust list. The remaining validators include independent companies, developers, universities and other ecosystem participants. This is an important difference between Ripple (the company), XRPL (the network), and XRP (its native asset).

Ripple has played a huge role in the history of XRP and continues to build businesses and products related to the ecosystem. But this is different from having unilateral control over the XRPL consensus. 21Shares also points to the evolution of XRPL beyond its original cross-border payment use cases. The network now supports native decentralized exchanges, stablecoins and tokenized real-world assets, and each ledger transaction requires a fee billed in XRP, which is subsequently destroyed.



XRP Price Outlook: How realistic is $11.60?

Küçüker's chart provides bulls with a lot of room for thought, but the most useful price points are much closer to current XRP prices. At around $1.42,$1.50 - 1.55 is the first battle. Breaking through the region will strengthen the recovery momentum and turn attention to about $2.33. This is the location of the first major target on the Küçüker roadmap and where XRP begins to move into the heavier historical supply area.

Bigger technical events will occur around $3.30-$3.40. If XRP eventually convincingly breaks through that area, it will be much easier to discuss the $4.90 target from a chart perspective. Only after XRP establishes itself beyond its previous major highs will $7.50 and $11.60 become credible bull market targets within the Küçüker framework.

Fundamentals may contribute to a more macro story. If XLS-65 and XLS-66 receive sufficient validator support, native lending will expand the capabilities of XRPL while institutional companies continue to build products on the web. But neither these developments nor Küçüker's chart guarantees an eight-fold increase in XRP.

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