$XRP Technical analyst AllinCrypto has once again emphasized his long-term outlook on XRP, reiterating a price target of $19.27.

In a recent post accompanied by a video, he noted that XRP’s chart is showing signs of continuing its upward trajectory, with patterns suggesting that the asset could eventually achieve that price level.

His tweet to XRP holders read, “ $XRP holders, this one’s for you with XRP’s chart setting up for a next leg, which, over time, may be set to reach a price target of $19.27.”

In the video, AllinCrypto explained that nearly two years ago, he had identified a major pattern forming on XRP’s chart. At the time, he released several videos highlighting the potential breakout setup.

According to the analyst, XRP has since responded positively, rising substantially since that initial prediction. He highlighted that XRP has gained close to 400% since he first outlined the scenario, noting that many of his followers, particularly those in his Patreon group, benefited from this performance. He described XRP as one of the strongest performers among his tracked assets over this period.

✨XRP’s position near resistance levels

AllinCrypto pointed out that while XRP has experienced significant growth, the asset has now encountered a major resistance zone. He explained that XRP is currently testing its all-time high, a level that historically acts as a critical point of resistance in financial markets. According to him, it is common for assets to pull back when they approach such levels, and XRP appears to be displaying similar behavior.

He suggested that the present market structure may be forming a “cup and handle” pattern, a technical setup that often signals continuation after a consolidation phase. Alongside this, he reaffirmed that the larger triangle pattern he has been tracking remains intact and has already been triggered, further supporting the $19.27 price target.

✨Confidence in continuation patterns

The analyst stressed that the manner in which XRP is currently reacting to its all-time high strengthens the outlook for further gains. He noted that the pullback appears modest, and the smaller timeframes continue to indicate a constructive setup. These factors, combined with XRP’s overall trajectory since his initial call, provide him with confidence that the path to higher levels remains valid.

AllinCrypto explained that both price action and interaction with key resistance zones confirm the direction of XRP’s trend. The pullback near all-time highs, coupled with technical setups across multiple timeframes, suggests that XRP still has considerable upside potential. He also mentioned that broader market indicators, such as “total three,” provide further confirmation that this upward projection can be obtained.

✨The $19.27 projection remains intact

Concluding his analysis, AllinCrypto reaffirmed that the $19.27 target, derived from the triangle pattern, is still on track. He stated that he firmly believes XRP will ultimately reach this price level. While he acknowledged that the timing remains uncertain, he emphasized that the structural setup continues to support the projection.

AllinCrypto’s latest update reflects his ongoing confidence in XRP’s long-term technical outlook. By maintaining his $19.27 price target and pointing to sustained bullish patterns, he reinforced his view that XRP’s trajectory remains favorable despite current resistance near all-time highs.

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