Macro analyst Investor Jordan told his followers on July 23 that XRP has re-entered the price zone where its previous parabolic moves began, and that the road to $15 and beyond is now open. The call came as the token was trading around $1.13, meaning the target implies a gain of more than 1,200% from current levels.
Jordan, a UK-based swing trader, focuses on higher time-frame charts. In his view, XRP has returned to a rising logarithmic trendline that acted as a launchpad during the fourth quarter of 2024, when the token staged one of its sharpest rallies in years. He argues the current setup looks similar enough to treat it as a repeat.
RSI reading that caught the analyst's eye
The technical case rests partly on the weekly Relative Strength Index. Jordan pointed out that the weekly RSI is sitting at roughly the same level it held in May 2022, which turned out to be the floor of that bear market cycle. On top of that, July has been printing what looks like a bullish divergence on the weekly RSI, where price made a lower low while the indicator held higher. That combination is what pushed Jordan to stick with a $15 minimum target rather than a more conservative one.
Whether that plays out depends heavily on what larger holders do next. XRP whales have been quietly accumulating over the past several weeks, a trend that coincided with measurable growth in tokenization activity on the XRP Ledger. At the same time, the token's community has been openly debating how to lift on-chain activity, which remains thin relative to the sheer number of addresses registered on the network. If whale buying accelerates and translates into sustained volume, it could confirm the technical signal Jordan is watching. If they step back, the trendline support he is counting on gets tested in a very different way.
This article is for informational purposes only and does not constitute financial advice. Always do your own research before making any investment decisions.
