Could $10 Be Next This Cycle?

XRP Exchange Reserve on Binance 8.1.

While this was happening, XRPs price dropped from over $3 to around $1.8. However, the chart shows a recent recovery, with the price now back above $2.

Market Levels and Analyst Views

As of press time, XRP is priced at around $2.10. It is down nearly 6% in the last 24 hours but up more than 16% over the past week. The recent drop from $2.28 shows that this level is acting as resistance. Technical trader CRYPTOWZRD said,

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“A further decline from XRPBTC is still possible.”

They also noted a double top pattern forming, which could lead to more downside unless buyers step in soon.

Other analysts remain optimistic. Chartist Ali Martinez shared that a TD buy signal is in progress, while Elliott Wave specialist XForceGlobal sees a larger move forming. The analyst said XRP might already be in the early stages of a new uptrend, adding:

“XRP already completed that five-wave decline.”

Speaking further, he sees $5 as a realistic target and even mentioned the possibility of $10 to $20 during the current cycle. He did note that a dip to the $1.30–$1.50 range could still happen.

Meanwhile, XRPs performance in early 2026 has caught investor interest. It outpaced Bitcoin and Ethereum in the first week of the year. CNBC called it the “,” noting the shift in attention toward XRP as traders search for alternatives.

US-listed spot XRP ETFs have continued to see steady inflows into January. These flows are seen as a sign of growing interest from larger investors. Combined with the falling supply on exchanges, some traders believe this could set the stage for further gains — if key levels like $2.28 are cleared.