XRP Price Prediction: Will XRP Slump Below $1 Before Surging to a Two-Digit Ultimate Target?

XRP is currently battling bearish pressure. The token has experienced a 9% loss over the past 24 hours but remains above $2.

A notable market analyst believes XRP could drop below the $1 price mark before surging to a two-digit ultimate target.

XRP is facing bearish pressure. The token has dropped 9% over the past 24 hours but is still trading above $2. As the year comes to an end, XRP is set to close its first-ever yearly candle above $2, a key milestone in its history.

However, market experts are predicting a volatile path ahead, with sharp corrections potentially setting up the necessary conditions for a massive rally.

A well-known analyst, “Guy on the Earth,” recently shared a similar analysis. He compared the current market conditions to previous bull cycles, specifically the 2013 and 2017 runs.

Historically, XRP’s bull markets have seen extensive consolidation periods before explosive rallies. The 2013 cycle featured a four-year consolidation followed by a massive price surge, while the 2017 cycle saw gains extend by 1,100% within months.

The analyst suggests that as the crypto market matures, volatility will decrease, leading to smaller percentage gains. According to him, a repeat of the 2017 extension could theoretically push XRP to $177, but such a target is unlikely during this cycle.

Instead, he set a more realistic maximum target for this bull run of $27. Interestingly, another prominent market watcher, EGRAG Crypto, has consistently predicted $27 as his target for XRP, albeit using different methods. Meanwhile, “Guy on the Earth” believes the target could be reached by January 2026.

XRP Short-Term Targets

In the short term, the analyst predicts further downside for XRP. He expects the token to test support levels between $1.70 and $1.80 in the coming days. This correction aligns with a potential Bitcoin drop to around $80,000, which could pull XRP lower. For context, BTC currently trades at $92,550.

If the $1.70 and $1.80 support levels fail, XRP could fall to $1.33 or even $0.87, aligning with Fibonacci levels from historical patterns. Notably, these levels present prime opportunities to enter long positions. The analyst views $1.70 as a solid entry point, with $1.33 being an even stronger buying zone.

For context, such price action would be consistent with XRP’s historical behavior of triangle consolidations preceding major upward movements. However, the analyst believes this consolidation phase could be longer and deeper than many expect, which may cause anxiety.

Long-Term Price Targets

Despite the near-term bearish outlook, the analyst maintains a bullish perspective for XRP’s long-term trajectory. He identifies $13 as a minimum target for the current cycle, with a blow-off top potentially pushing the price to $27 by January 2026.

For profit-taking, the analyst suggests investors use a tiered strategy. He advises selling 10% of holdings when XRP reaches $5.30, 20% at $8.50, and another 20% at $13. Investors can then reserve the remaining 50% of holdings for a potential peak at $27.

As of this writing, XRP is changing hands at $2.02, down 3.53% over the past 24 hours as the bulls struggle to maintain a $2 price before the close of the year. From here, XRP would need to spike by 543% to claim the minimum target of $13 and by 1,236% to reach $27.