XRP Mirrors Gold’s Trajectory: What a Potential All-Time High Rally Could Signify

XRP is showing signs of recovery after a period of considerable market decline, bouncing back above the $2.2 level after starting the new year above $1.90. A crypto expert has expressed optimism about XRP’s long-term prospects. He draws parallels between XRP’s potential trajectory and the price movements of gold, forecasting a historic rally toward all-time highs.

Key Takeaways

XRP is recovering after significant price declines and is currently above $2.2.
Market analyst Steph is Crypto compares XRP's recent movements to gold's trajectory from 2023 to 2025.
There is potential for XRP to replicate gold's price behavior, projecting a possible price peak of $37 by late 2026 or early 2027.
Analyst Matt Hughes suggests XRP may outperform Bitcoin, indicating a significant shift in price trends.

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XRP’s Comparison to Gold’s Historic Movement

According to market analyst Steph is Crypto, XRP has formed a unique chart pattern reminiscent of gold’s macro movements from 2023 to 2025. In a recent analysis on X, he explained that XRP has undergone a prolonged corrective phase, followed by a clear Wave 4 structure. This structure has formed a Falling Wedge, indicating a breakout consistent with early trend expansion.

To illustrate his point, the analyst provided a side-by-side comparison of gold’s price action over the years alongside XRP’s trajectory. Within a two-day window, XRP completed an impulsive Waves 1-3 sequence, succeeded by a downward corrective channel indicative of Wave 4, culminating in the typical compression seen in a Falling Wedge.

XRP Gold Comparison
Source: X

Steph highlights how this price formation parallels gold’s prior movements during 2022 and 2023. Following that corrective pattern, gold experienced a decisive breakout, which led to a robust expansion phase that resulted in new all-time highs over recent months. This breakout spurred a prolonged rally with minimal pullbacks and consolidation that lasted nearly two years.

Drawing from gold’s remarkable past performance, Steph is Crypto forecasts that XRP could achieve a similar trajectory in 2026. Currently, XRP’s price is stabilizing above the Falling Wedge breakout area around the mid-$2 range. From there, his projected path anticipates a swift expansion phase that closely resembles gold’s post-breakout behavior.

If XRP does follow this historic path, it could indicate a new all-time high cycle, with the price potentially soaring towards $37 before the end of 2026 or early 2027. The projection line indicates that XRP could experience a steady price expansion with few significant pullbacks along the way.

Analyst Predicts XRP May Outperform Bitcoin Soon

Crypto analyst Matt Hughes has released a new analysis involving the XRP/BTC chart, suggesting a pivotal shift in long-term price dynamics. He believes XRP is on the verge of outperforming Bitcoin this year, highlighting a critical technical signal that has appeared on the trading pair’s chart.

XRP Price Chart
Source: X

Hughes noted that an exceptionally bullish setup is developing on the XRP/BTC chart—one that hasn’t been observed in years. He pointed out that XRP is about to break above the monthly Ichimoku Cloud for the first time since 2018, the year when XRP surged to its all-time high of $3.84. A successful move above this cloud would indicate a significant structural change in XRP’s market trend, potentially leading to substantial relative gains throughout this year.

XRP Price Chart from TradingView
Bears push price down | Source: XRPUSDT on TradingView.com