Jan 17, 2026
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XRP May Surge to $2.69 by Weekend, Analyst Predicts
XRP is nearing a potential breakout as its chart pattern tightens, signaling a significant move soon, according to XRPL developer Bird. He notes that a technical breakout could push XRP towards $2.69, marking a possible entry into a "bull run."
- XRP's current price structure suggests an imminent move, with a compressing triangle indicating a potential upward trajectory.
- The Russell 2000 index's performance historically impacts XRP and other altcoins, as it represents mid-cap risk assets.
- Bird highlights the importance of macro conditions, suggesting capital rotation back into higher-risk assets.
- XRP has been in consolidation for over a year, contrasting with other markets at highs, which may signal an upcoming shift.
Bird believes recent developments such as acquisitions, partnerships, and legal clarity could be catalysts for XRP. If the technical structure resolves upward and cross-asset risk appetite remains supportive, XRP might reach its $2.69 target and potentially new cycle highs.
At present, XRP trades at $2.06.
