$XRP price currently trades around $1.50, after reaching an intraday high above $1.65 on Sept. 23. The asset has since pulled back but remains well above its mid-September lows around $1.25-$1.30.
Michael Keeps Latest $XRP Setup Private
In his Sept. 29 update, Michael said he wished he could release the $XRP chart setup but had agreed to keep it for members of his group.
“Let’s just say… get ready for green. A lot of green.”
He did not publish a price target, resistance level, timeframe, or invalidation point alongside the statement. As a result, the public call provides a directional outlook but no measurable target for the expected move.
A day earlier, Michael said $XRP still “looks great,” describing the recent price swings as volatility before what he expects to be the next leg higher.
His language became even more aggressive on Sept. 29, when he described the potential $XRP rally as a move that could become parabolic. The statement continued a pattern of bullish $XRP posts throughout 2026.
Michael Has Tracked $XRP’s 7-Year Pennant Since 2024
Michael’s $XRP outlook predates the current market cycle.
In July 2024, with $XRP trading below $1, he identified what he described as a seven-year bull pennant and said it could precede one of the biggest breakouts in crypto history. CoinDesk reported the call at the time as $XRP pushed toward $0.60.
The long-term structure later broke to the upside during the November 2024 rally. Michael subsequently pointed back to that call as $XRP moved through $1 and eventually above $3.
He had also disclosed buying $XRP in July 2024 after years of consolidation, while arguing that widespread capitulation had created the setup he wanted.
Michael Says $XRP Bottomed Again in 2026
His bullish stance continued after $XRP entered its 2025-2026 correction.
In May 2026, Michael said the $XRP bottom was in and described the asset as “coiled and primed.” By August, he again highlighted the $1 region as a cycle bottom and said the broader rally was only beginning.
On Sept. 23, he said he expected Bitcoin and $XRP to outperform Ethereum in the coming weeks. Two days later, he told followers that $XRP’s resistance levels could be cleared quickly once momentum returned.
Michael has also repeatedly referred to what he calls his “yellow lines,” claiming they helped him identify previous $XRP bottoms. These remain his own trading claims and do not establish that future setups will produce the same results.
For the current call, the main limitation is straightforward: Michael has not published the chart behind his “a lot of green” statement. This leaves no public price target to calculate. His latest position nevertheless remains consistent with the outlook he has maintained through 2026—$XRP has already established its major low, short-term volatility is part of the setup, and another larger move is expected afterward.