XRP Price Could Surge ‘From $2 to $10’ Within a Year, Analyst Predicts

XRP is potentially on the brink of a faster-than-expected price adjustment, predicts analyst Chad Steingraber. He forecasts that the token could increase "from $2 to $10" within a year.

Key Takeaways

XRP ETFs have captured over 506 million XRP within a month, backing a potential $10 price outlook.
Two major chart patterns indicate an upside target range of $14–$15 for XRP.

XRP price may grow ‘from $2 to $10’ in less than a year: Analyst

Growing Demand for ETFs Could Lead to 400% XRP Surge by 2026

Chad Steingraber’s prediction comes in light of the strong early interest in the new XRP exchange-traded funds (ETFs) launched in November. These investment products have accumulated over $944 million worth of XRP since their debut on November 13, according to data from SoSoValue. This means that current ETFs now hold approximately 0.74% of all XRP in circulation, which is quite significant given that these funds are less than a month old.

XRP ETFs’ cumulative net flows. Source: SoSoValue

Steingraber highlighted XRP's importance in the recently launched Bitwise Crypto 10 Fund ETF (BITW). This fund began trading on Tuesday with over $1.25 billion in assets, with XRP accounting for 5% of the total portfolio. “Estimating based on the available data, the Bitwise Index 10 likely holds around 30,718,290 XRP as of today,” said Steingraber in his post on X. He argued that, just as Bitcoin experienced a doubling in value within two years following its U.S. ETF introduction, XRP has the potential to make significant gains. The token could surge toward the $10 mark by 2026, representing a possible 400% rise if ETF inflows continue to grow.

Source: X/@ChadSteingraber

Technical Analysis Supports Predictions of XRP Prices Exceeding $10

From a technical analysis perspective, the charts for XRP align with Steingraber’s optimistic outlook. On the two-week chart, XRP appears to have entered the breakout phase of a multi-month symmetrical triangle pattern, a formation commonly seen after extended periods of price consolidation, often leading to a strong upward trend.

XRP/USD two-week chart. Source: TradingView

The breakout above the triangle's upper trendline suggests that buyers are regaining dominance, and the measured move of the formation targets a range of $14-$15 in the coming months.

Related:__XRP bulls grow louder: What will spark the breakout toward $2.65?

Reinforcing this outlook is a second technical formation suggesting the same price range. On higher time frames, XRP has shaped a bull flag, a classic continuation pattern that emerges after a strong initial uptrend followed by consolidation in a downward-sloping channel.

XRP/USD two-week chart. Source: TradingView

The projected move suggests that if XRP confirms a breakout above the resistance level of the flag, it may also target the $14-$15 region, coinciding with the earlier triangle projection.

In summary, XRP is poised for potential growth as strong ETF demand supports a bullish forecast. Technical patterns further indicate that substantial price increases could be on the horizon, making it an exciting time for investors.