The cryptocurrency Ripple XRP has experienced a decline recently, settling just above the $2 threshold. Analysts are examining the asset”s daily, weekly, and monthly price patterns for indications of a possible rally. Notably, XRP has recently rebounded from a significant level on its monthly Bollinger Band chart, leading experts to speculate that an upward movement against Bitcoin could be on the horizon.
The XRP/BTC trading pair on TradingView indicates a promising upside potential, with forecasts suggesting it could rise by as much as 50%. On the monthly chart, XRP tested and bounced off the midline of the Bollinger band, aligning with a 20-month moving average near 0.00001988 BTC. A move back to the upper band at 0.00003343 BTC would signify a 55% increase, a level that has not been seen since the summer of 2023.
Price predictions for Ripple XRP are gaining traction, as the asset appears poised for a breakout. Current forecasts from CoinCodex suggest XRP could reach $2.9, with projections of $3.14 by July 2026. The latest XRP price prediction indicates an anticipated rise of 44.42%, aiming for $2.99 by mid-July 2026. Despite this optimistic outlook, technical indicators reflect a bearish sentiment, with the Fear & Greed Index registering a neutral score of 49. Over the past month, XRP has had 11 out of 30 days classified as green, with a price volatility of 6.77%.
Historically, February tends to be a strong month for Bitcoin, adding significance to XRP”s current technical setup. If XRP breaks its existing pattern both technically and seasonally, it could initiate a capital rotation narrative where funds shift from Bitcoin to high-beta cryptocurrencies like XRP.
Additionally, XRP has the potential to gain momentum through the success of exchange-traded funds (ETFs). According to XRP-Insights, XRP-related ETFs have amassed $1.71 billion in assets under management. The inflow of funds has been robust at the start of the year, which could propel XRP back to the $2.50 mark if the trend continues. This has also piqued institutional interest in XRP, with recent discussions on CNBC labeling the asset as the “hottest crypto trade of 2026.” Such positive attention may further encourage investors to increase their holdings.
As of now, Ripple XRP finds itself in a crucial price zone, with support firmly at $1.95, which has held through three testing periods. Resistance lies between $2.4 and $2.6, with the 200-day moving average positioned at $2.32, adding another layer of complexity. A decisive break above $2.6 could pave the way for a move towards $3 and possibly beyond.
