Bitcoin, Ethereum, XRP and Solana Face Key Breakouts Before Major Price Targets

Highlights:

• Ali Charts sees possible cycle targets of $190K for Bitcoin and $8.8K for Ethereum after breakouts.
• XRP could target $31.87 if it closes above $3.66, while Solana needs a break above $295.
• The analyst stressed these are technical projections, not confirmed forecasts, and each setup requires a break of resistance.

Crypto analyst Ali Charts has outlined potential cycle targets for Bitcoin (BTC), Ethereum (ETH), XRP and Solana (SOL) if each cryptocurrency clears key technical levels. The projections point to $190,000 for Bitcoin, $8,800 for Ethereum, $31.87 for XRP and $2,744 for Solana, but none of those targets is confirmed yet.

Ali Charts shared the analysis in an X thread on October 2. He based the outlook on long-term chart patterns and stressed that each target first requires a breakout above a major resistance level. At the time of writing, Bitcoin trades near $86,371, up around 3.18% over the past 24 hours. Ethereum is near $2,749, while XRP trades around $1.53 and Solana near $123.

Bitcoin Break Above $125K Could Put $190K in Focus

According to Ali Charts, Bitcoin has traded inside a rising channel for roughly two years. A rising channel forms when price moves higher between two upward-sloping boundaries. Bitcoin’s first major level is its previous high near $125,000. Ali said a decisive move above that area could shift attention to the channel’s upper boundary, which currently sits near $190,000.

However, Bitcoin would first need to recover significantly from its current price and clear $125,000 before the higher technical target comes into play.

Ethereum shows a similar setup, although its channel stretches back more than five years. Ali identified $5,000 as the important resistance level. If ETH breaks above it, the chart points toward a possible move to $8,800. Ethereum currently remains well below the $5,000 breakout level.

3/6 Ethereum's monthly chart shows an even longer channel, stretching back more than five years.

The upper boundary near $5,000 is the level to watch. If $ETH breaks above it, the projected move points toward $8,800. pic.twitter.com/tntncGs7Xv

— Ali Charts (@alicharts) October 2, 2026

XRP Needs a Monthly Close Above $3.66

XRP is showing a different technical pattern. Ali Charts said its monthly chart appears to be forming an ascending triangle. An ascending triangle usually develops when price makes higher lows while repeatedly testing the same resistance zone. For XRP, that resistance sits near $3.66.

Ali said a monthly close above $3.66 would confirm the breakout and bring the pattern’s projected target near $31.87 into view. XRP currently trades around $1.53, meaning the token would first need a major move before reaching the breakout level. The monthly close is important because a brief move above resistance would not necessarily confirm the pattern.

Solana Cup-and-Handle Points to $295 Breakout Level

Solana’s monthly chart appears to be forming a cup-and-handle pattern, according to the analyst. Traders commonly watch the formation for a possible continuation of an upward trend after resistance breaks. Ali placed Solana’s neckline near $295. A monthly close above that level would strengthen the bullish setup, with the pattern projecting a potential target near $2,744.

Still, Ali made clear that the larger numbers should not be treated as guaranteed price forecasts. “These are potential cycle targets, but each depends on a breakout first,” he said.

5/6 Solana $SOL monthly chart appears to be forming a cup and handle.

The neckline sits near $295. A monthly close above it would strengthen the bullish case, with the pattern projecting a potential target near $2,744. pic.twitter.com/HT6UfFEIEW

— Ali Charts (@alicharts) October 2, 2026

Separately, Citi recently raised its 12-month Bitcoin target to $113,000, and Ether forecast to $3,028 as crypto market activity improved.

Citi Raises 12-Month Bitcoin Target to $113K, Ether to $3,028

Citigroup raised its 12-month price targets for Bitcoin and Ether, lifting Bitcoin to $113,000 from $82,000 and Ether to $3,028 from $2,240, according to Reuters. Citi cited accelerating crypto market activity, a… pic.twitter.com/fIOr1zYDJA

— Wu Blockchain (@WuBlockchain) October 1, 2026