XRP 6-Year Reaccumulation Pattern Sets Price Targets for May 2026, Nov 2028 and Feb 2031

XRP currently trades within a reaccumulation pattern that has persisted since March 2020, with targets for May 2026, November 2028 and February 2031.

XRP has been under heavy selling pressure since Q4 2025, falling 51% over that period and sitting 61.6% below its all-time high of $3.66, as it currently trades at $1.38. Despite the sharp losses, data shows a six-year reaccumulation structure that may be setting XRP up for a major upward move.

Notably, this structure takes the form of a symmetrical triangle that began in March 2020 and ran through November 2024. The current pullback from that high appears to be a retest of the breakout zone, and the reaccumulation phase remains active at press time.

Key Points

• Data identifies a multi-year symmetrical triangle pattern in XRP’s price history, running from a floor of $0.11 in March 2020 to a breakout at $0.50 in November 2024.
• The triangle featured an ABCDE wave structure, with key levels at $0.11, $1.96, $0.30, $0.74, and $0.50 representing each wave’s conclusion.
• XRP broke out of the triangle in November 2024 and rallied to an all-time high of $3.66 in July 2025, before retracing to its current price of $1.38.
• The ongoing retracement is part of the reaccumulation trend that has persisted since March 2020, when the triangle first formed.
• If the pattern plays out, short-term price targets stand at $5.3, $8.6, and $12.8, with long-term projections reaching $186 by February 2031.

The Multi-Year Triangle

This structure was mentioned in an analysis by market watcher Ahmed Ibrahim. Specifically, he called attention to a symmetrical triangle pattern on the 3-month chart that traces back to March 2020, when XRP hit a floor price of $0.11. 

Notably, this low became the starting point of the triangle’s lower trendline as buyers began stepping in at these depressed prices. The recovery that followed was strong, carrying XRP all the way up to $1.96 in April 2021 and hitting the first major high within the structure.

From the $1.96 peak, XRP ran into resistance and turned lower, and this decline formed the triangle’s upper trendline. What followed was an ABCDE wave pattern that played out over several years. 

Specifically, Wave A ended at the $0.11 low in March 2020. Wave B topped out at $1.96 in April 2021. Wave C found its bottom at $0.30 in January 2023. Wave D then recovered to $0.74 in March 2024, before Wave E wrapped up at $0.50 in November 2024, right as the triangle reached its final compression point.

XRP’s Breakout, Rally, and Retest

When XRP broke out of the triangle in November 2024 from the $0.50 level, it led to a strong rally that carried the token to a peak of $3.60 in July 2025. However, XRP met resistance near this high and has since pulled back, with the current pullback representing a retest of the triangle breakout.

Crucially, Ibrahim pointed out that the reaccumulation phase that started with the triangle back in March 2020 is still ongoing as of March 2026, making this a six-year structure that remains active. 

The retracement XRP is currently experiencing aligns with how large technical patterns tend to behave after a breakout, where price returns to the breakout area before continuing in the direction of the original move.

XRP Price Targets and Possible Timelines

Ibrahim also shared important price levels that he believes traders should pay close attention to. Specifically, he sees the main correction zone sitting between $1.02 and $0.90, with the possibility of the pullback stretching as far as $0.63 under more severe conditions. 

To the upside, he expects repeated bounces around $1.92, and he sees a stable move for XRP above $2.20 as confirmation that bullish momentum has returned. However, a drop below $0.384 would cancel the entire bullish case.

On the target side, Ibrahim set short-term price objectives at $5.3, $8.6, and $12.8, while his long-term targets reach $31, $94, and $186. For these projections, he shared specific timeframes, pointing to May 2026 for the short-term targets, November 2028 for the mid-range levels, and February 2031 for the longer-term goals.