Analyst: XRP Could Still Reach $20 This Cycle
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Source: Coinmarketcap
Updated: Jan 09 2026- Market Rebound Momentum: XRP gained over 20% in the first week of 2026, demonstrating strong market rebound strength, especially after losing more than a third of its value in Q4 2025, which enhances investor confidence in its long-term potential.
- Support Level Testing: Analysts highlight the $2 area as a critical support level currently being tested by market participants, indicating a shift in how the asset's value is perceived, potentially signaling a stronger foundation.
- Correction Phase Analysis: According to Elliott Wave theory, XRP's correction phase is identified as a flat correction, where despite short-term fluctuations, the market maintains key support, indicating stability in its price structure.
- Future Price Targets: Analysts suggest that if the current uptrend continues, XRP's conservative target is $5, with further targets potentially reaching $10 and even $20, reflecting optimistic market expectations and the potential for a multi-wave upward trend.
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.
