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Analysts Predict XRP Price Surge Amid Familiar Technical Patterns
Analysts suggest a potential price surge for XRP due to historical technical patterns reappearing. Despite a brief rebound in early 2026, XRP is trading slightly above $2.00 with optimistic short-term growth forecasts.
XRP Price Analysis
- Market expert CRYPTOWZRD highlights a familiar setup that led to past price surges, noting XRP's extended sideways trading as an early pre-rally phase indicator.
- XRP's market structure shows it locked in a broad horizontal range, similar to previous setups that resulted in sharp upward movements.
- The historical pattern included bouncing between defined support and resistance zones, followed by a significant breakout after retesting support.
- A descending channel formation was observed post-pullback, with a break above this leading to a powerful rally from approximately $0.5 to over $2.
- XRP's current market mirrors this setup, with a potential push through resistance bands between $3.4 and $3.7 anticipated.

Resistance and Support Levels
- Crypto analyst ChartNerd warns of a possible correction if XRP fails to maintain above the $2.26 support level.
- The weekly 20 EMA and middle regression band of the Gaussian Channel are acting as resistance at this point.
- Indicators converge at $2.26, strengthening the resistance barrier.
- Failure to surpass this level may lead to a retracement toward multi-month support near $1.9, with potential for a higher low if buying pressure increases.
