According to analyst Will Taylor, XRP could potentially reach $28 in this market cycle under a specific, less-likely scenario driven by a major shift of investment into altcoins. Taylor argues that XRP’s prolonged period of technical consolidation leaves it poised for a significant price surge if market conditions and investor sentiment align favorably.
In his December 27 newsletter, Taylor placed this prediction within a broader market thesis. He suggested that capital seeking high returns in traditional markets could eventually flow into cryptocurrency, where the smaller total market size could magnify gains. Within this potential setup, XRP is his primary investment and the token he believes would benefit most if altcoins capture a larger portion of the cycle’s growth.
Taylor’s outlook hinges on his expectation that the total cryptocurrency market capitalization could reach approximately $10 trillion this cycle. He considers this level consistent with past market behavior. A more critical factor, in his view, is Bitcoin’s share of the total market (its dominance). He believes dominance could fall to between 31.5% and 35.3%, which would leave around $6 trillion to flow into altcoins.
This forms the basis for his XRP price targets. He is not making a claim solely about XRP’s potential but is wagering on the overall size of the altcoin market in a bullish environment. Taylor referenced a previous discussion with trader Credible Crypto, who also suggested XRP could reach $26 under ideal conditions, noting that such conditions now seem to be forming.
Taylor openly disclosed that XRP constitutes about 90% of his portfolio, acknowledging this as a potential source of bias. He outlined a profit-taking strategy focused on a mid-cycle target range. He stated he “would not be too surprised” to see XRP reach a minimum of $8 to $13 and plans to take significant profits in that range. His maximum, less probable target is around $28.
He linked this higher target to XRP’s long-term price consolidation and the possibility that an altcoin-driven cycle could exceed expectations. The $28 figure is derived from technical patterns following the 2017-2018 cycle breakout, though Taylor noted he has deliberately tempered his expectations compared to more aggressive models. His risk management plan is clear: he intends to significantly reduce his position between $8 and $13, while holding a smaller portion in case prices move toward the $28 area.
Taylor’s central argument is that XRP’s market structure differs from other major altcoins. He believes it has undergone a longer period of consolidation, has broken out of an eight-year trend, and has successfully turned a key seven-year resistance level into support. He also suggested that a favorable U.S. regulatory narrative—citing rhetoric around U.S. companies, regulatory clarity efforts, and Ripple’s U.S. base—could act as a catalyst in a euphoric market phase.Taylor emphasized that the $28 forecast is not his main expectation. “To be clear, this is not my primary target,” he wrote. “My primary target has consistently been in the $8 to $12 range, possibly extending to $15 or $16 this cycle. The move toward $28 is an outside possibility, not the base case.” At the time of reporting, XRP was trading at $1.86.
Frequently Asked Questions
Frequently Asked Questions Analyst Predicts XRP Could Reach 28
BeginnerLevel Questions
1 What does this prediction mean
An analyst who studies market trends and data has suggested that the price of the cryptocurrency XRP has the potential to rise to 28 during the current overall market cycle
2 Is this a guarantee that XRP will hit 28
No it is not a guarantee It is a prediction or forecast based on the analysts research Cryptocurrency prices are highly volatile and influenced by many unpredictable factors so outcomes can vary significantly
3 Who made this prediction
The specific analyst or firm should be named in the original report Always check the source to assess their credibility and track record
4 Should I buy XRP based solely on this prediction
No you should not make investment decisions based on a single prediction Its crucial to do your own research understand the risks of cryptocurrency investing and consider your personal financial goals
5 What is a market cycle
A market cycle is the broad pattern of ups and downs in a financial market It typically includes phases like accumulation uptrendbull market distribution and downtrendbear market
Advanced Practical Questions
6 What methodology did the analyst use to arrive at 28
Analysts may use techniques like technical analysis historical cycle comparisons or fundamental analysis The original report should explain their reasoning
7 What are the main factors that could help XRP reach this target
Key drivers could include a favorable resolution to ongoing regulatory clarity increased adoption of Ripples payment solutions by major financial institutions a general bull market in crypto and positive developments for the XRP Ledger
8 What are the biggest risks that could prevent this price target
Major risks include adverse regulatory decisions prolonged legal challenges failure to achieve widespread adoption increased competition a broader crypto market downturn or unexpected technological issues
9 How does the current legal situation with the SEC affect this prediction
The SEC lawsuit against Ripple has been a major overhang on XRPs price A clear positive resolution