Cryptocurrency investor Celal Küçüker points to a target of $6.02 for XRP, which is trading around $1.08 on the monthly chart. Küçüker considers this level as the first strong peak target supported by the long-term technical structure.
Multi-year triangle formation has been broken
After the rise in early 2018, the XRP price entered a symmetrical triangle formation that lasted years. The price, stuck between the decreasing upper trend line and the rising lower trend line, created a gradually narrowing structure on the monthly chart.
With the upward break of the formation in late 2024, XRP rose above $ 3 and reached $ 3.65 in July 2025. However, the price’s failure to remain permanent in this region led to the level in question being considered as a weak peak in Küçüker’s chart.
Rising channel support is being monitored
After the triangle breakout, the price settled inside an ascending channel. In the scenario envisaged by Küçüker, XRP may turn upwards and move to $6.02 after retesting the lower limit of the channel. In order to maintain this expectation, the current support zone should not be lost.
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CLARITY Act regulation may affect pricing
In addition to the technical outlook, Küçüker also cites the CLARITY Act as a possible supporting element. Predicting that XRP could provide as much benefit as Ethereum if the regulation is accepted, the investor argues that XRP is closer to corporate use and the US market.
The date of the vote expected to be held in the Senate General Assembly for the CLARITY Act and whether the regulation will become law in 2026 have not yet been determined. The validity of the technical scenario depends on maintaining the support at the lower border of the ascending channel.
