- XRP has rebounded past $2.2 and shows technical setups similar to gold’s historic rally.
- Analysts project a potential all-time high near $37 in 2026.
XRP is showing early signs of recovery after a challenging period of market weakness and price declines last year. Starting the year just above $1.90, the coin has already rebounded past the $2.2 mark. Analysts now suggest that XRP could replicate gold’s historic rally, potentially reaching new all-time highs in 2026.
XRP Tracks Gold’s Price Movement
Market analyst Steph is Crypto highlighted a rare chart setup in XRP that mirrors gold’s macro trajectory from 2023 to 2025. According to the analysis, XRP has completed a Wave 4 structure and formed a Falling Wedge, a pattern often signaling an upcoming breakout.
Steph is Crypto compared XRP’s chart side-by-side with gold’s historical price action. Over a short-term timeframe, XRP completed impulsive Waves 1-3, followed by a corrective channel sloping into Wave 4, ending in a compression typical of a Falling Wedge. Gold underwent a similar structure before entering a strong expansion phase that drove its price to new ATHs.
Could XRP’s Price Hit $37?
If XRP’s mirrors gold’s performance, the coin could stabilize above the Falling Wedge breakout area near the mid-$2 range and enter a rapid expansion phase. Analysts project a potential new all-time high near $37 before the end of 2026 or early 2027. This projection assumes minimal pullbacks during the growth phase, reflecting gold’s steady post-breakout rally.
XRP May Outperform Bitcoin
Crypto analyst Matt Hughes added that XRP could surpass Bitcoin in long-term performance this year. According to Hughes, it is approaching a breakout above the monthly Ichimoku Cloud on the XRP/BTC chart, a level not surpassed since 2018, when XRP’s reached its current ATH of $3.84. A successful breakout above this cloud would indicate a structural shift in XRP’s trend, paving the way for significant relative gains.
While the cryptocurrency market remains volatile, these analyses suggest that XRP is setting up for a potentially historic year. With technical signals mirroring gold’s previous bull cycle and bullish setups on the XRP/BTC pair, investors are closely watching for confirmation of this optimistic trajectory.
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