XRP’s 3–6 Month Outlook: Analyst Predicts Path Toward $13

XRP's price experienced a pullback, but analysts highlight potential long-term gains. Analyst Egrag Crypto notes that XRP remains above the key 21-day Exponential Moving Average (EMA) on the monthly chart, suggesting a bullish outlook.

Key Insights:

  • XRP trades at $2.18, up 8.5% over 24 hours but down 0.8% for the week.
  • Short-term charts (4-hour to 2-week) are below the 21 EMA, indicating bearish signals.
  • The monthly chart remains above the 21 EMA, seen as a positive indicator.

Potential Upside:

  • Egrag's model predicts a target range of $9 to $13 within three to six months if the monthly support holds.
  • Reaching $9 requires a 4x increase; $13 needs a close to 7-fold rise.

Other Analysts' Views:

  • Some analysts predict a $4 price by late 2026, driven by Ripple’s RLUSD launch in Japan.
  • Spot XRP ETFs have acquired $756 million worth of tokens post-launch, supporting future gains.

Escrow Release:

  • Ripple unlocked 1 billion XRP for December in two transactions of 500 million each.
  • One batch was valued at $1.08 billion when moved. These unlocks are routine but monitored due to potential market impact.

Traders' Considerations:

  • Short-term indicators are weak, but higher-timeframe momentum can shift quickly.
  • A monthly close above or below the 21 EMA could significantly impact analysis.

Overall, while short-term pressures persist, the monthly chart offers hope for long-term investors.