XRP (XRP) may enter a faster-than-expected repricing phase, according to analyst Chad Steingraber, who predicted the price could move “from $2 to $10” in under a year.
Key takeaways:
XRP ETFs absorbed over 506 million XRP in a month, supporting a $10 price outlook.
Two major chart patterns point toward $14–$15 upside targets.
ETF demand builds case for 400% XRP rally by 2026
Steingraber’s prediction followed strong early interest in the new XRP exchange-traded funds (ETFs) that were launched in November.
These investment products took in more than $944 million worth of XRP since going live on Nov. 13, according to data from SoSoValue. That means ETFs now hold about 0.74% of all XRP in circulation, an impressive amount for funds that are less than a month old.
The analyst also pointed to XRP’s role inside the newly launched Bitwise Crypto 10 Fund ETF (BITW). The fund opened on Tuesday with more than $1.25 billion in assets, and XRP is 5% of its portfolio.
“As a best guess (because Bitwise has not posted exact numbers yet) that the Bitwise Index 10 holds approximately 30,718,290 XRP as of today,” said Steingraber in his Wednesday post on X, adding:
“That puts the total at 506,067,267 XRP taken into AUM since the launch of the funds. Not even a month in yet.”
Given that Bitcoin (BTC) doubled within two years of its US ETF debut, Steingraber argued XRP had room to play catch-up. The token could accelerate toward the $10 mark in 2026, representing a 400% increase, if ETF inflows continue to build.
XRP technical setups support prices above $10
From a technical perspective, XRP’s charts also aligned with Steingraber’s bullish thesis.
On the two-week chart, the token entered the breakout phase of its multimonth symmetrical triangle, a pattern that typically appears after prolonged consolidation phases and often precedes a strong trend continuation.
The breakout above the triangle’s upper trendline suggests buyers are regaining control, with the structure’s measured move pointing toward $14-$15 in the forthcoming months.
Related: XRP bulls grow louder: What will spark the breakout toward $2.65?
A second setup reinforced the same target range. On the higher time frames, XRP appeared to have carved out a bull flag, a classic continuation pattern that develops after a strong initial rally, followed by a downward-sloping consolidation channel.
The structure’s projected move also pointed toward the $14-$15 region, aligning with the triangle’s target, if XRP confirms a breakout above the flag resistance.
This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.
This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision. While we strive to provide accurate and timely information, Cointelegraph does not guarantee the accuracy, completeness, or reliability of any information in this article. This article may contain forward-looking statements that are subject to risks and uncertainties. Cointelegraph will not be liable for any loss or damage arising from your reliance on this information.
