XRP is drawing renewed interest after months of moving sideways. While the price is up slightly over the past day, it remains lower for the week. Traders are noting familiar chart patterns that suggest this quiet period could be ending soon.
Analyst DonWedge shared a half-day chart on TradingView with a simple message: “XRP looks good.” His analysis focuses on a downward-sloping channel that closely resembles a pattern from several months ago. Back then, a similar setup was followed by a rapid price increase, then a gradual decline lasting about half a year, before another sudden upward move.
Currently, XRP is testing the lower bounds of this range, and some observers believe the next move could be upward. The key resistance to watch is a multi-month trendline near $2.10. A decisive daily close above this level, supported by increasing trading volume, could signal the start of a new uptrend. DonWedge suggests that such a breakout could propel XRP toward $4—a gain of over 100% from current levels. However, traders caution that breakouts without strong volume often fail, leading to false signals and further consolidation.
Analyst ChartNerd believes 2026 will be a decisive year for XRP. He expects the cryptocurrency to either confirm a strong breakout with fresh momentum or fall below the support structure it has held for over a year. Following a major breakout in late 2024, XRP spent much of 2025 trading sideways—a test of patience for many investors. Yet, signs of underlying resilience remain.
A convincing breakout above $2.10 could ignite the next phase of growth, aligning with the pattern highlighted by DonWedge. While higher targets are possible, sustained buyer interest would be necessary to reach them. For now, the market appears cautious, with traders likely waiting for clearer signals in volume and price action before committing to larger moves. The coming period will reveal whether XRP is poised for another surge or more sideways movement.
Frequently Asked Questions
Frequently Asked Questions About XRPs Momentum and Potential Price Rise
BeginnerLevel Questions
Q1 What is XRP
A1 XRP is a digital asset and cryptocurrency created by Ripple Labs Its designed for fast lowcost international payments and settlements between financial institutions but its also traded by individuals on public exchanges
Q2 What does it mean that XRP is gaining momentum
A2 It means theres increasing positive attention trading activity and investor interest in XRP often driven by news legal developments or market trends which can push its price upward
Q3 Why is an analyst suggesting XRP could reach 4
A3 Analysts make price predictions based on technical chart patterns historical data market sentiment and potential catalysts The 4 target is a speculative forecast not a guarantee
Q4 Is XRP a good investment
A4 Like all cryptocurrencies XRP is a highrisk volatile investment Its value can change dramatically You should only invest money you can afford to lose and do your own research first
Q5 How is XRP different from Bitcoin
A5 Bitcoin is primarily a decentralized digital gold or store of value XRP is built for speed and efficiency in crossborder payments with transactions settling in seconds at a very low cost and its more centrally associated with a company
Advanced Practical Questions
Q6 What are the main drivers behind XRPs current momentum
A6 Key drivers include optimism around a potential resolution in Ripples ongoing SEC lawsuit growing adoption by banks and payment providers for its OnDemand Liquidity service and overall positive sentiment in the crypto market
Q7 What is the biggest risk to XRPs price rising to 4
A7 The largest immediate risk is an unfavorable outcome or prolonged uncertainty in the SEC lawsuit which could be seen as negative regulation Broader crypto market downturns and negative macroeconomic conditions are also significant risks
Q8 Where can I buy XRP safely
A8 You can buy XRP on major cryptocurrency exchanges like Kraken Bitstamp Uphold and