thecryptobasic.com
A well-regarded data analyst has expressed optimism in the future of $XRP, insisting that regardless of the formation it takes, the price is heading to $9.
This suggestion came from Celal Küçüker, a prominent market watcher, who believes $XRP still has the potential to reach new heights in the foreseeable future despite the persistent market-wide downturn that has kept prices down 25% this year alone.
Key Points
- $XRP has dropped 25% year-to-date, having recorded six consecutive monthly losses.
- This downtrend now puts $XRP back within a downward-sloping parallel channel that has endured since Q4 2024.
- $XRP is now retesting a horizontal support trendline within the channel.
- The next reasonable direction is an upward breakout if the horizontal support holds.
- A breakout above the parallel channel would push $XRP’s price to $9 regardless of the path it takes.
$XRP Back Inside the Parallel Channel
Küçüker disclosed this in his latest analysis of $XRP’s price action, expressing confidence in the asset’s future prospects despite the current price struggles. Specifically, $XRP has now dropped 52% since the ongoing downturn began in October 2025, 25% this year, and 62% from its all-time high.
As a result of these price struggles, $XRP has now slipped back into a downward-sloping parallel channel that guided its price action during the correction from the $3.4 peak in January 2025. The channel started forming in Q4 2024, and $XRP’s rally to $3.4 by January 2025 helped it retest the upper trendline, but it faced resistance here and pulled back.
Amid the pullback, $XRP consistently traded deeper into the channel until it rebounded in July 2025, breaking out above the channel and reaching the $3.6 peak. This peak aligned with a horizontal resistance trendline that capped further momentum.
The correction that followed led $XRP to retest the breakout, and by October 2025, the asset had already fallen back into the structure. $XRP has remained within the channel since then.
$XRP Eyeing Breakout
Küçüker is already expecting an upward breakout from this channel despite $XRP’s downward price action taking it toward the lower end of the structure. $XRP is now retesting a horizontal support trendline within the channel, and it could build strength for this imminent breakout if the horizontal support holds.
Data from Küçüker’s chart shows that the analyst expects $XRP to sharply break above the channel once bullish momentum returns, but to face initial resistance at $3.3776, which aligns with the roadblock at the overhead horizontal resistance trendline. From the horizontal support to the horizontal resistance represents a 171.38% rally.
“$XRP is Heading to $9”
The market watcher believes $XRP could pull back after meeting this roadblock, potentially dropping to retest the parallel channel breakout at the channel’s upper trendline, where it would find support. From here, a recovery could ensue, which would help $XRP breach the horizontal resistance at $3.3776.
Küçüker expects $XRP’s rally to continue until the crypto asset hits the $9.19 price, which would represent a new all-time high and a 171.37% increase from the horizontal resistance trendline. “No matter which formation you look at, Ripple is heading to $9,” he said, calling $XRP the second-best altcoin after Ethereum.