XRP (XRP) could possibly be entering a faster-than-expected revaluation phase, in response to analyst Chad Steingraber, who predicted that the value could rise “from $2 to $10” in lower than a yr.
Key insights:
-
XRP ETFs have absorbed over 506 million XRP in a month, supporting a $10 price outlook.
-
Two key chart patterns suggest upside targets of $14 to $15.
ETF demand suggests a 400 percent XRP rally by 2026
Steingraber's prediction followed strong early interest in the brand new XRP exchange-traded funds (ETFs) that launched in November.
According to data from SoSoValue, these investment products have raised greater than $944 million value of XRP since their launch on November thirteenth. That means ETFs now hold about 0.74% of all XRP in circulation, a formidable amount for funds which are lower than a month old.
The cumulative net flows of the XRP ETFs. Source: SoSoValue
The analyst also noted XRP's role within the newly launched Bitwise Crypto 10 Fund ETF (BITW). The fund opened Tuesday with greater than $1.25 billion in assets, and XRP makes up 5% of its portfolio.
“To one of the best of our knowledge (since Bitwise has not yet released exact numbers), the Bitwise Index 10 holds roughly 30,718,290 XRP as of today,” Steingraber said in his Wednesday post on X, adding:
“This brings the full to 506,067,267 XRP added into AUM because the fund's launch. Not even a month later.”
Given that Bitcoin (BTC) doubled inside two years of its US ETF debut, Steingraber argued that XRP still has room to catch up. The token could speed up to $10 in 2026, a 400% gain, if ETF inflows proceed to extend.
Source: X/@ChadSteingraber
The XRP technical setups support prices above $10
From a technical perspective, the XRP charts were also consistent with Steingraber’s bullish thesis.
On the two-week chart, the token entered the breakout phase of its multi-month symmetrical triangle, a pattern that typically occurs after prolonged periods of consolidation and sometimes precedes a powerful trend continuation.
XRP/USD two-week chart. Source: TradingView
The breakout above the triangle's upper trendline suggests buyers are regaining control, with the structure's measured movement pointing towards $14-$15 in the approaching months.
A second setup reinforced the identical goal range. On the upper time frames, XRP appeared to have formed a bull flag, a classic continuation pattern that develops after a powerful initial rally followed by a downward consolidation channel.
XRP/USD two-week chart. Source: TradingView
The structure's projected movement also pointed to the $14-$15 area, which coincides with the triangle's goal if XRP confirms a breakout above flag resistance.
This article doesn’t contain any investment advice or recommendations. Every investment and trading activity involves risks and readers should conduct their very own research when making their decision.
This article doesn’t contain any investment advice or recommendations. Every investment and trading activity involves risks and readers should conduct their very own research when making their decision. While we try to supply accurate and up-to-date information, Cointelegraph doesn’t guarantee the accuracy, completeness or reliability of the knowledge in this text. This article may contain forward-looking statements which are subject to risks and uncertainties. Cointelegraph is not going to be accountable for any loss or damage arising out of your reliance on this information.
