$XRP is in a long-term upward channel on its two-week moving average and is still worth watching. Since hitting a low near $0.15 in 2020, XRP has been moving within a macro-scale ascending channel. After reaching approximately $3.50, the price underwent a deep pullback, dropping as low as $1.00 before rebounding to its current level of around $1.33. Notably, the price has not yet touched the lower boundary of the channel, meaning the long-term structure remains relevant for analysis. If the support holds, #XRP has the potential to gradually challenge the $1.50 and $2.00 levels, with an eye toward $3.50. Extending the channel as shown in the chart, the upper boundary could point toward the $5.00 range by around 2027. Of course, a channel-based target is not a guarantee. The immediate priority is to maintain the long-term structure and systematically reclaim overhead resistance levels. Focus on the rebound in the short term, and the channel in the long term. While $5.00 is a potential target, the confirmation of the trend is what truly matters.