XRP is standing out with exceptional strength amid broader volatility in the crypto market. Analysts note that since breaking above the $0.50 level, it has shown one of the strongest and clearest uptrends. Among major cryptocurrencies, only Bitcoin displays a more established and solid market structure.
The monthly XRP chart is quietly showing strength. Historically, the $1.90–$2.00 zone has served as a key resistance level. But in 2024, XRP decisively broke above $2 and since then, the price has stabilized and is holding steady above it.
XRP has firmly remained above the $1.90 mark for more than eight consecutive months. With price holding steady and low volatility, the pressure is building. When assets move like this, major breakouts often follow.
According to Elliott Wave theory, XRP is all set to enter a strong upward trend. This means that we could see the price rise through five distinct waves, pushing it beyond $30 by mid-2026.
Analyst Vincent Code also predicts that XRP could hit $30–$50. He cited several reasons for XRP’s rise. RippleNet could capture 20–30% of the $1 trillion cross-border payments market. More than 50 countries may adopt XRP for CBDC bridges. A big crypto bull run in 2026–2027 could spark strong market excitement.
Demand for RLUSD is also growing. Further, Ripple’s 2024 agreement with Saudi Arabia’s central bank could pave the way for XRP to be used in oil-related settlements. He also expects that an XRP Spot ETF approval could bring $20–$50 billion in institutional investments.
Analyst MelarinX says that XRP is coiling like a spring and quietly building energy before a big breakout. Davinci Jeremie, a Bitcoin proponent has also made a U-turn and predicted that XRP could possibly hit $24 this year. He cited that many people in the US government are “pushing for XRP.”
XRP is currently trading at $2.23. It is stuck in a tight range, and key moving averages are closing in. This kind of setup often comes before a big, sudden move. Both upward and downward moves are possible.
Nevertheless, XRP’s strong bullish setup and the growing institutional interest, like Ripple’s U.S. bank license bid and ETF talks, are keeping the long-term optimism alive.
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