XRP Price Could Surge 145% as 2023 Rally Pattern Returns

XRP price traded near $1.34 on October 16, about 4% below the 200-day simple moving average (SMA) at $1.36. The immediate test is whether buyers can reclaim and hold the average; until they do, the historical $3.20 comparison remains a scenario. The comparison rests on XRP’s 2023 interaction with its long-term trend measure. In March that year, the token moved above a 200-day SMA near $0.40, then returned toward the broader moving-average zone in May, briefly slipped below it, and recovered. Historical data places the May low near $0.42, while contemporaneous analysis treated $0.40 as the main support area. XRP subsequently reached $0.93 on July 13, a rise of about 134.5% from $0.40. That sequence is useful as a technical precedent.

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