Cryptographic sector analysts predict that XRP’s definitive liftoff toward double-digit figures will not be immediate, requiring first an extended XRP accumulation phase similar to historical cycles. Currently, the asset successfully defends the support band located between $1.80 and $2.00, a level that has proven to be a solid floor since late 2024. According to experts like CryptoBull, this market behavior reflects patterns observed in 2017 and 2022, where stability preceded explosive movements.
Despite bullish sentiment pointing to a macro target of $10, technical data suggests that patience will be the investors’ primary ally. By maintaining the $1.91 range, the cryptocurrency shows a balanced market structure, although the NUPL (Net Unrealized Profit/Loss) indicator has recently entered the capitulation zone. Nevertheless, this positioning typically coincides with cycle bottoms, which has historically generated price rebounds of between 35% and 90% after retesting supports.
Current market dynamics are also influenced by a reduction in profit-taking pressure, as indicated by the MVRV (Market Value to Realized Value) ratio. With a current reading of 1.23, well below the peaks of previous cycles, the asset appears relatively undervalued, facilitating the absorption of supply by strong hands. Likewise, open interest in the futures market is building latent buying pressure, which could act as fuel for the next bullish breakout.
Technical Analysis and the Importance of Psychological Levels in 2026
For the “liftoff” scenario to materialize, it is imperative that XRP reclaims and consolidates the $2.22 mark in the coming weeks. On the other hand, the technology of the XRP Ledger (XRPL) continues to expand through institutional partnerships, a factor that underpins the real utility of the token beyond speculation. However, analysts warn that current market congestion could extend the sideways movement, creating a strategic window of opportunity for those seeking long-term positions before volatility hits.
How will the historical price oscillation affect the confidence of XRP holders this year?
In previous periods, after losing local highs, the XRP/USD pair has oscillated within narrow ranges for months before recording triple-digit gains. Therefore, if the 2024 pattern repeats, the price could remain gravitating near $2.00, strengthening the base needed for an impulse that eventually targets $11. Thus, the key lies in the buyers’ ability to defend December lows, thereby avoiding an invalidation of the current technical structure.
In conclusion, although the prospects of reaching $10 are technically viable according to wave analysis, the path will be marked by operational patience. The market is in a re-evaluation phase where exchange supply scarcity and institutional interest act as counterweights against macro uncertainty. As long as critical supports remain intact, the narrative of a sustained recovery will continue to gain ground among the most optimistic analysts in the ecosystem.
