XRP Price Prediction: $8 by 2026? Key Levels at $1.92 Decide XRP’s Next Move
XRP is trading near $1.86, down modestly on the day but stabilizing after a volatile mid-month selloff. Daily trading volume stands near...
Quick overview
- XRP is currently trading around $1.86, stabilizing after a mid-month selloff, with a daily trading volume of approximately $1.95 billion.
- Standard Chartered projects XRP could reach $8 by 2026, driven by increasing institutional investment and the launch of XRP-linked products in the US.
- The XRP Ledger's capability for fast, low-cost cross-border payments continues to attract interest from enterprises and developers.
- XRP's short-term price movement is at a critical juncture, with resistance at $1.92 and potential support at $1.82.
XRP is trading near $1.86, down modestly on the day but stabilizing after a volatile mid-month selloff. Daily trading volume stands near $1.95bn, while the token maintains its position as the fifth-largest cryptocurrency with a market capitalization of roughly $113bn. With more than 60.5bn XRP in circulation, price action is increasingly shaped by institutional flows rather than retail speculation alone.
That shift is central to the bullish case laid out by Standard Chartered, which recently projected XRP could climb to $8 by 2026, implying a gain of more than 330% from current levels. The bank’s thesis reflects a broader change in how XRP is being positioned within regulated financial markets.
Why Standard Chartered Sees XRP at $8
A major catalyst behind the forecast is the rapid expansion of XRP-linked investment products in the US. In November, several asset managers, including Franklin Templeton and Grayscale, rolled out spot-linked XRP vehicles, offering institutions regulated exposure without direct custody.
According to SoSoValue, cumulative inflows into XRP-related ETFs have reached approximately $1.15bn as of late December. That early demand highlights how clear regulations and well-known investment options can get capital off the sidelines, which has just been sitting there.
For longer-term investors, ETFs make it easier to get involved in XRP without a lot of hassle and more closely align with traditional asset allocation methods.
Payments Utility Keeps The Story Telling
Beyond just financial products, XLRP’s underlying ability to do the actual payment work is still the real story driving investment in XRP. The XRP Ledger (XRPL) was built to handle fast cross-border payments, and they are completed in seconds at almost no cost.
Ripple has said that, in the end, XRPL could handle a chunk of the world’s payment traffic, which would really challenge established systems. And right now, they are updating the network to make it faster and add new features from the world of Decentralised Finance, making XRPL increasingly appealing to big enterprises and developers looking to build on it.
XRP Technical Outlook: Triangle Getting Close to Decision Time
From a technical standpoint, XRP is stuck in a symmetrical triangle on the 2-hour chart. The price is still holding above that rising trendline, which is near $1.82. And it keeps getting rejected between $1.90 and $1.92, which is stopping the price from going up.
Candlesticks indicate the price is making smaller movements and that sellers are losing control. The 50-day EMA is flat just below the current price, and the 200-day EMA at $1.98 is a significant resistance level. The RSI is in the mid-40s to low-50s, which suggests neither buyers nor sellers are in control.
A clean break above $1.92 could push the price to $2.00, while a fall below $1.82 could send it to $1.77.
Things to Keep an Eye On
A few factors will determine what happens to XRP in the short term. These are:
- $1.15 billion in ETF inflows, which is supporting the price from institutional demand
- CME-listed XRP futures are getting more professional investors involved
- XRPL upgrades are making real-world payment use cases stronger
- Technical resistance at $1.92 is currently limiting how high the price can go
- Some chart analysts have spotted a bearish pattern that we need to keep an eye on
Taking all that in, XRP is at a crossroads at the moment. On one hand, the infrastructure is improving, and more and more institutions are getting involved. On the other hand, the short-term price movement will depend on a clean breakout. Standard Chartered was upbeat about XRP long term, but it will depend on how decisively the price decides what to do next.
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