A prominent crypto analyst has outlined a bullish case for XRP, predicting a potential price surge from $2 to $10 in less than twelve months. This optimistic forecast is supported by significant capital inflows into new XRP-focused Exchange-Traded Funds (ETFs) and favorable technical chart patterns.
The analyst, Chad Steingraber, points to the rapid accumulation of over 506 million XRP tokens by ETFs in their first month of trading as a key catalyst. This substantial demand, representing nearly $1 billion in value, suggests strong institutional interest that could drive price discovery. Furthermore, XRP's inclusion in major new funds like the Bitwise Crypto 10 ETF provides additional validation and exposure. Drawing a parallel to Bitcoin's performance post-ETF approval, the analyst argues XRP has significant catch-up potential, with a path to $10 in 2026 if inflows persist.
Technically, XRP's price action reinforces this bullish outlook. The cryptocurrency is breaking out from a multi-month symmetrical triangle pattern on its two-week chart, a formation that often precedes a strong trend continuation with a measured move target between $14 and $15. A separate bull flag pattern on higher timeframes corroborates this same target range, suggesting substantial upside if key resistance levels are breached.
