XRP Poised for a 2900% Surge by 2026 as Technical Indicators Turn Bullish
XRP has completed its Elliott Wave correction phase, signaling the potential for a massive 2,900% rally by 2026. Analysts highlight a bullish flag formation above a 7-year base, with early price discovery targets ranging between $8 and $9. The 6-week chart reveals a falling wedge pattern, often a precursor to breakout momentum, while short-term projections suggest a move toward the $2.36–$2.59 range. Whale accumulation trends and technical setups further support this optimistic outlook.
XRP Price Set for a 2900% Rally As Indicators Turn Bullish
XRP has completed an Elliott Wave correction phase, setting the stage for a potential 2,900% surge by 2026. Analysts point to a bullish flag formation above a 7-year base, with early price discovery targets of $8–$9.
The 6-week chart reveals a falling wedge pattern, typically a precursor to breakout momentum. Short-term projections suggest a move toward the $2.36–$2.59 range. Whale accumulation trends and technical setups indicate growing institutional interest.
Historical Elliott Wave cycles suggest the third wave—often the most expansive—could propel XRP to $12 within two years. market sentiment appears increasingly optimistic as Ripple’s native token shows signs of escaping its prolonged consolidation.
Pro-XRP Lawyer Says Ripple Lawsuit is Not ‘Over Yet’
The legal battle between Ripple and the U.S. Securities and Exchange Commission (SEC) remains unresolved despite public statements from Ripple’s CEO. While Brad Garlinghouse claimed in April 2024 that the SEC agreed to drop the case, the regulator has not formally confirmed this development.
Market observers note the SEC’s pattern of settling with crypto firms, but Ripple’s situation appears distinct. A prominent pro-XRP attorney cautions that procedural hurdles remain before the case can be officially closed. "It’s not over yet. Things need to happen first in court," the lawyer stated, tempering premature celebrations within the XRP community.
XRP Whale Wallets Surge Past 300K as Accumulation Signals Grow
XRP is witnessing a notable uptick in large-wallet activity, with over 300,000 addresses now holding at least 10,000 tokens. The surge suggests strategic accumulation by institutional players and high-net-worth investors, even as prices remain range-bound.
Crypto analyst Kyledoops highlights the trend as a potential precursor to a major price move. "Strategic accumulation is back," the analyst noted, pointing to possible front-running of developments in the XRP ecosystem.
Is Three or Four-Digit XRP Possible? Here’s What the Math Says
Speculation about XRP reaching triple or quadruple-digit price levels has intensified, with some analysts suggesting it may not be as far-fetched as it seems. The cryptocurrency, designed for fast and low-cost cross-border payments, could theoretically capture a significant portion of the $5 trillion daily volume currently handled by SWIFT. Even a 10% shift would translate to $500 billion in daily flow, potentially driving XRP’s price to between $27 and $50.
Further scenarios involving Nostro and Vostro accounts—where banks hold substantial reserves for international transactions—add fuel to the bullish case. While such projections remain speculative, the underlying utility of XRP in global finance continues to attract serious consideration.
