Japanese Bitcoin Fan Shows Why XRP Will Hit $35

A new XRP chart shared by crypto commentator Bitcoin Boy (@btcbox123) has added to growing attention around the asset’s long-term structure.

Despite his strong association with Bitcoin, Bitcoin Boy posted a chart showing how XRP could climb to $35. His post shows that even prominent Bitcoin supporters now recognize the scale of XRP’s current setup.

The chart focuses on XRP’s monthly price action against the U.S. dollar on Bitstamp. It shows the asset trading inside a large ascending channel that has remained intact for more than a decade. XRP currently sits near the lower half of that structure after spending the last several months consolidating above key support.

XRP Maintains Long-Term Bullish Structure

The chart highlights XRP’s ability to maintain higher lows since its major breakout from the 2017 cycle. XRP consolidated near the bottom of the channel before the breakout toward its previous peak in early 2018. The asset repeated this performance in late 2024, with a remarkable 500% breakout that took it above $3 for the second time in its history.

After an extended consolidation at the end of 2025 and early 2026, the asset is now around the lower trendline. If XRP repeats history, we could see an unparalleled price surge.

RSI Levels Suggest XRP Has Room to Expand

Bitcoin Boy’s chart also includes the Relative Strength Index on the monthly timeframe. The indicator now sits near 40 after pulling back from higher readings earlier in the rally.

Previous XRP cycle tops formed when the RSI moved above 80, particularly during the 2017 surge. Current levels remain below historical extremes, which suggests XRP may still have room for another major move if momentum strengthens again.

The chart further shows that XRP has repeatedly respected support zones after major rallies rather than collapsing below them. That behavior has strengthened bullish sentiment around the current market structure.

$35 XRP Target Reflects Upper Channel Projection

The $35 XRP price target aligns with the upper boundary of the long-term ascending channel visible on the chart. While the projection remains highly ambitious, the chart presents a technical pathway based on historical structure rather than short-term price action alone.

Several analysts have recently pointed to XRP’s long consolidation period as a reason the asset could produce an outsized move during the current cycle. Bitcoin Boy’s post adds another notable voice to that view, especially given his reputation as a Bitcoin-focused commentator.

Disclaimer: This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses.

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