Analyst: XRP Could Still Reach $20 This Cycle
- Market Rebound Momentum: XRP gained over 20% in the first week of 2026, demonstrating strong market rebound strength, especially after losing more than a third of its value in Q4 2025, which enhances investor confidence in its long-term potential.
- Support Level Testing: Analysts highlight the $2 area as a critical support level currently being tested by market participants, indicating a shift in how the asset's value is perceived, potentially signaling a stronger foundation.
- Correction Phase Analysis: According to Elliott Wave theory, XRP's correction phase is identified as a flat correction, where despite short-term fluctuations, the market maintains key support, indicating stability in its price structure.
- Future Price Targets: Analysts suggest that if the current uptrend continues, XRP's conservative target is $5, with further targets potentially reaching $10 and even $20, reflecting optimistic market expectations and the potential for a multi-wave upward trend.
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Technical Analysis for XRP
Technical Sentiment Analysis for XRP (XRP) As of , XRP (XRP) is exhibiting a Sell technical sentiment. Our proprietary analysis, which aggregates 3 technical signals, shows that 0 indicators are flashing buy, while 3 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for XRP stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the stock.
Support, Resistance & Moving Averages From a structural perspective, XRP is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
XRP (XRP) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.518 | 0.818 | 1.155 | 1.455 | 1.793 | 2.093 | 2.43 |
| Fibonacci | 0.818 | 1.061 | 1.212 | 1.455 | 1.699 | 1.849 | 2.093 |
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