Key Insights:
- XRP price ends bearish weekly with a robust uptick. Here’s why it could be headed for more recovery.
- Technical outlook reveals what it will take for XRP to achieve a solid breakout rally.
- An analyst predicts that Ripple coin price could rally to the $24-$30 range within the next six months.
XRP price was off to a healthy double-digit rally in the first 5 days of 2026. Bullish sentiment returned to the market after weeks of flat performance.
XRP or Ripple coin was one of the top players attracting considerable attention, given its growing role in the global financial landscape.
The Ripple coin price traded at $2.14 at the time of observation, courtesy of the fresh bullish momentum in the last few days. It was up over 14% since January 1, and its weekly green candle broke the four-week bearish streak.
This latest weekly upside also marked the biggest weekly move that XRP price has achieved since July 2025.
Is XRP Price on the Verge of More Upside?
Although the XRP price market demonstrated rising bullish momentum, the overall sentiment was still stuck in extreme fear. Some analysts believe that the recent bullish hype may lead to a capitulation, given that whale activity remains limited.
In Ripple coin case, net spot flows across Coinbase, OKX, and Binance were still negative, although by a small margin. On the derivatives market, Binance perps were green by about $15 million while OKX perps were in the red by $1.6 million.
In other words, XRP whale activity remained weak. However, some analysts offered guidance on what to expect moving forward. For example, the XRP technical outlook based on the XRP/BTC chart closed in an indecisive range.
Analyst CryptoWZRD stated that the Ripple coin will flash a positive sign if it stays above $2. In that case, the XRP price is likely to gain more bullish momentum and push towards $ 2.70.
CryptoWZRD also expects the XRP price to retrace in favor of the bears if the price fails to stay above $2. Interestingly, XRP net spot outflows have been dominant over the last two weeks.
However, net flows attempted to swing back onto the bullish side by just over $1 million in the last 24 hours, which was still low.
Analyst Predicts XRP Could Rally to $30 Within 6 Months
The current market data indicated uncertainty over the fate of the latest rally in Ripple coin price. Some analysts still remained optimistic about the future prospects of the asset.
Among them was EGRAG CRYPTO, who recently issued a bullish XRP price prediction based on historic data points.
The analyst predicted a base case that the XRP price will rally to the $24 to $30 price range in 6 to 18 months. He predicted a 60% to 65% chance that the price would rally to his predicted range.
EGRAG CRYPTO also predicted an extended case in which XRP price could rally to the $80-$150 range. However, the probability of price testing this range was much lower at 20% to 25%.
These predictions were based on the inverted Ripple coin price chart, which effectively demonstrated key support levels. The two predictions would require heavy demand to achieve those predicted targets.
The cryptocurrency market has been attempting to establish a bullish footing over the last few days. However, it was still too early to tell if this would be a full-blown recovery.