Jan 5, 2026
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XRP Analysts Predict Explosive Move with Potential Target of $8
XRP is approaching a critical point, with analysts suggesting a potential significant move. The coin has defended its long-term trend support and shows signs of a volatility-compression setup.
XRP Price Analysis
- XRP bounced off the 20-month moving average (MA), indicating potential for an "explosive" upward movement.
- The monthly chart shows XRP trading around $2.08629, above key supports.
- The Bollinger bands have tightened, suggesting potential for directional moves.
- Historical patterns indicate that once XRP consolidates and touches the 20-month MA, it could surge upwards.
Potential Upside Targets
- Charting Guy's analysis suggests a Wyckoff-style re-accumulation with a roadmap to $8.
- $2.08 acts as a critical level for XRP to reclaim and maintain for bullish continuation.
- A descending channel may see XRP rally towards its resistance before further testing demand levels.
- If the sequence follows, XRP may reach ~$3.40 before accelerating towards the $8 region.
Currently, XRP trades at $2.13, aligning with the optimistic path outlined by analysts.
