XRP targets $2.30 as analyst maps out next cycle move

XRP has been following a series of repeatable price cycles, according to crypto analyst Cleo Schmidt, who recently shared a daily chart outlining XRP’s movement from June through October 2026. The chart highlights a completed phase and a second, ongoing pattern, with Schmidt suggesting that the present moment plays a pivotal role in determining XRP’s near-term direction. Schmidt identified the AMD pattern—Accumulation, Manipulation, Distribution—as the framework shaping XRP’s recent price action. One full cycle has played out already, while the next is actively unfolding.

Source: CoinTurk News