XRP Price Starting to Copy Gold’s Multiyear 180% Boom: Analyst
Cointelegraph
An analyst suggests XRP is mirroring gold's past rally structure, potentially targeting $8–$10 by 2026.Summary
Analyst Steph is Crypto suggests that XRP's price action is tracking a fractal pattern similar to gold's multiyear rally that saw a 180% increase after consolidation. If this pattern holds, XRP could reach targets between $8 and $10 by 2026, representing a 230-310% increase from current levels, as hard assets move first and higher-beta assets like crypto follow. However, the bullish setup could be invalidated if XRP fails to reclaim the 100-week Exponential Moving Average (EMA) and a descending trendline, which could lead to a pullback toward the $1.61–$1.97 range, echoing XRP's previous bearish phase where rallies failed to reverse the broader downtrend.
(Source：Cointelegraph)