Analyst Predicts XRP Price Breakout Mirroring Gold's Trend
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Source: Coinmarketcap
Updated: Jan 06 2026- Price Trend Comparison: Analyst Steph is Crypto suggests that XRP is beginning to break out of its price structure after a long corrective phase, mirroring gold's performance, which recently reached an all-time high of $4,549 per ounce.
- Wave Theory Analysis: According to Elliott Wave Theory, XRP's price chart exhibits a similar wave pattern to gold, with the analyst indicating that XRP's wave structure is complete and may lead to a price breakout.
- Delayed Market Response: Steph is Crypto emphasizes that hard assets like gold typically react first during liquidity transitions, while high-risk assets like XRP tend to follow later, indicating that capital rotation into riskier assets is not yet fully underway.
- Current Price Status: Despite XRP rising 7% over the past year, it has lost over 20% in value in the last three months due to the broader crypto market crash, currently trading at $2.25, reflecting market uncertainty.
About the author
Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
