Jan 6, 2026
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Analyst Predicts XRP RSI Breakout in Q1 for $10 Price Path
XRP is currently consolidating on the weekly chart, with analyst Maelius predicting a breakout in Q1. This could lead to higher prices, potentially reaching $10.
- The XRP/USD chart shows a recent regime shift from a long base to a higher trading band, followed by multi-week consolidation.
- The critical range lies between $3.33 (2018 peak) and just above $1.60, with the current price around $2.124.
- Elliott wave analysis suggests the current movement as corrective wave 4, implying a pause rather than a break in trend.
- The current pattern mirrors the 2017 run where XRP experienced significant gains after a consolidation phase.
- A key timing indicator is the RSI breaking out of its downward trendline, signaling potential price expansion.
- If XRP reclaims the 50-week EMA and moves towards the range highs near $3.33, it confirms the bullish thesis.
- Failure to break through the EMA and dropping below $1.60 would extend the corrective phase.
Currently, XRP trades at $2.37.
