XRP Price Forecast: $12 Target by 2026 as Whale Buys and Wave Patterns Align

XRP may soar 2,900% to $12 by 2026, backed by whale accumulation and Elliott Wave signals. Key support at $2.12 may decide short-term...

Maham Arslan•Monday, May 5, 2025•1 min read

XRP Price Forecast: $12 Target by 2026 as Whale Buys and Wave Patterns Align

Quick overview

XRP may soar 2,900% to $12 by 2026, backed by whale accumulation and Elliott Wave signals. Key support at $2.12 may decide short-term direction.

Despite last week’s 5% drop, the long term is still very bullish. Technicals say XRP is about to go on a historic rally and could reach $12 by 2026 – a 2,900% gain.

This is based on Elliott Wave theory which says XRP has completed the second wave correction and is about to start the third wave.

Traders are noting the price action between $2.05 and $1.65 as a consolidation phase. If Ripple confirms the breakout and makes higher highs and lows, the rally will accelerate.

XRP’s current channel structure supports the idea of a trend – as long as bulls hold the near term support levels.

XRP/USD

Whale Accumulation is Fuel to the Fire

Adding to the bullish case is whale accumulation. On-chain data shows that the major wallet addresses holding 1M-100M XRP have added over 630M XRP in the last month. This buying is a sign of institutional and high net worth confidence in Ripple.

Whales are early movers in big market moves. Their accumulation during price weakness means they expect big upside. These big buys align with the Elliott Wave forecast and the $12 price target. The trend is similar to accumulation phases before big breakouts in other cryptos – more fuel to the fire.

XRP/USD Technicals Define Short Term Momentum

Short term XRP/USD is at $2.14, showing weakness after breaking below the $2.2014 pivot. Price is below the 50 EMA at $2.1924 and the 200 EMA at $2.1857 – bearish. Immediate support is at $2.1264 which is a rising trendline. A break below this could be $2.0794 next.

Immediate Resistance: $2.2014
Next Resistance: $2.2561
Immediate Support: $2.1264
Next Support: $2.0794

MACD is weakening and without a bounce above $2.20, short term is still fragile. Wait for confirmation before entering. Long term is strong but short term is caution.

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ABOUT THE AUTHOR See More

Maham Arslan

Crypto News Writer | Blockchain & Web3 Reporter

Maham is a crypto news writer and market analyst specializing in breaking down the latest developments across blockchain, digital assets, and decentralized finance (DeFi). With hands-on experience covering high-impact stories—from regulatory shifts and token launches to macro-driven price movements—she delivers timely, accurate, and SEO-optimized content for fast-growing crypto media platforms. Her expertise lies in producing daily news reports, price predictions, technical summaries, and coverage of market-moving events. Maham tracks real-time updates across global newswires, X (Twitter), and on-chain data to provide actionable insights tailored for retail traders, crypto enthusiasts, and institutional readers. With a strong grasp of crypto fundamentals and Web3 trends, she delivers content that’s informed, accessible, and always on time.