XRP Price May Drop To This Level Before Major Rally

2026 began on a bullish note for XRP as the token price rallied nearly 22% to a high of $2.41. But the rally didn’t last long, and the price has now fallen back near $2, raising concerns about XRP’s long-term direction.

Crypto trader CoinsKid, who has a long history of predicting XRP bid zones accurately, believes XRP could dip to $1.14 before rallying toward $27.

XRP Price To Face Short-Term Pullback

According to the CoinsKid analysis, XRP turned bearish after losing the key $1.90 support level, which confirmed a breakdown in market structure. He believes XRP is now moving through a macro ABC correction, with the C-wave still in progress.

CoinsKid notes that previous bullish divergences in Bitcoin have not yet appeared, signaling that the market may not have fully bottomed. He said that such corrections are common when prices approach long-term resistance levels, including previous all-time highs. 

He notes that XRP has entered a phase where emotional trading is high, but data signals show the correction may not be over.

Therefore, in the short term, XRP is seeing pullbacks as part of a descending triangle pattern, which could shake out weak holders before the next major rally begins.

Ripple XRP Key Buy Zone

Based on historical price patterns and Fibonacci levels, CoinsKid identifies $1.14 as a major bid zone. He points out that XRP has repeatedly respected similar zones during past corrections, including moves to $0.29, $0.38, and $1.64, each followed by strong rebounds.

This level aligns with previous accumulation ranges, where long-term buyers stepped in before large impulsive rallies began.

Long-Term XRP Price Forecast

Despite short-term bearish pressure, CoinsKid remains bullish on XRP’s long-term outlook. Once the correction ends, he expects XRP to break through resistance and enter a new impulsive phase, which could push prices toward double-digit levels, with a long-term target near $27.

He says this outlook stays valid as long as XRP holds its key long-term support level.

Supporting this bullish outlook is the growing institutional interest in the spot XRP ETF, which has seen a continued inflow. According to SosoValue XRP ETF has recorded a total inflow of $1.49 billion.