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XRP Ready For Next Bull Run? Here’s How This Analyst Arrived At $13 Target

By NEWSBTC
Apr 27, 2026
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Price Could Fall To $0.9 Before Next Bull Run: Analyst

This price outlook is based on the appearance of an ascending triangle pattern on the XRP monthly chart. The ascending triangle is a technical analysis pattern characterized by an inverse right-angled triangle with a horizontal upper boundary (typically resistance) and a diagonal rising lower trendline (connecting the higher lows).

As shown in the chart above, the ascending triangle captures XRP’s price action over the past few years, with the upper boundary (around $3.32) resisting further upward movement back to early 2025. The altcoin’s price has since been in a downward trend, with Martinez projecting a potential bear-market bottom around the lower diagonal trendline (around $0.9).

It is worth noting that if the XRP price succumbs to further bearish pressure and breaks the support around $0.9, it could fall to as low as $0.11, where the next significant support zone lies.

XRP Price At A Glance

As of this writing, the price of XRP is around $1.43, down 0.5% over the past 24 hours. According to data from CoinGecko, the altcoin has jumped by more than 6% over the past month, reflecting an improving crypto market climate in the second quarter of 2026.

Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of BitKan. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. BitKan shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information. Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. Products mentioned in this article may not be available in your region.

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