XRP price may grow ‘from $2 to $10’ in less than a year: Analyst
Cointelegraph
Analyst Chad Steingraber predicts XRP's price could surge from $2 to $10 within a year, citing strong ETF demand and bullish technical setups.Summary
Analyst Chad Steingraber suggests that XRP (XRP) is poised for a rapid repricing phase, potentially moving from $2 to $10 in under a year, driven by significant interest in newly launched XRP exchange-traded funds (ETFs). These ETFs have already absorbed over 506 million XRP since their November launch, representing about 0.74% of the total supply. Steingraber noted that if ETF inflows continue, XRP could see a 400% rally toward $10 by 2026, drawing a parallel to Bitcoin's post-ETF performance. Furthermore, technical analysis supports this bullish outlook, as XRP's two-week chart shows a breakout from a symmetrical triangle and the formation of a bull flag, both patterns suggesting upside targets in the $14–$15 range.
(Source：Cointelegraph)