Large quantities of XRP tokens, totaling $3.8 billion, have been purchased by significant investors over a four-day period.
In the world of cryptocurrency, the outlook for XRP price by mid-2026 is causing quite a stir. Technical analyst Gert van Lagen predicts that XRP could reach a price of $34 by this time, based on a seven-year double-bottom pattern observed in XRP's price history and a Fibonacci projection model [1][2][4].
This double-bottom pattern suggests a potential significant upward movement, similar to past breakouts. Van Lagen's prediction uses the 2.00 Fibonacci extension of the pattern, which projects a $34 target by mid-2026 [1].
However, the path to this target is not without its challenges. The current market dynamics present some concerns. For instance, XRP's market cap is significantly larger than its total value locked (TVL), and a high percentage of XRP holders are in profit, which could lead to selling pressure [1][2]. Despite these challenges, the overall outlook remains bullish if XRP can maintain its current momentum and overcome these market dynamics [2].
Recent whale accumulation patterns show significant confidence in XRP's long-term prospects. Major wallets have accumulated substantial amounts of XRP, with some holding between 100 million to 1 billion tokens, collectively accumulating over $3.8 billion worth of tokens over a short period [2]. This accumulation is seen as a sign of long-term commitment and optimism, potentially fueled by the resolution of the Ripple lawsuit and strong odds for an XRP ETF approval [2].
Currently, XRP trades at $3.13, having faced a slight decline over the last four days but remaining within striking distance of key resistance levels. Since the 2022 lows, XRP has gained 1,072% [1]. Over the past few months, the growth of XRP has been driven by factors such as progress in the Ripple lawsuit, exchange relistings, and ETF optimism.
The surge in whale holdings of XRP suggests that large investors remain confident in XRP's future potential. However, it's important to note that XRP's price has maintained an upward trajectory throughout 2025, despite technical indicators suggesting potential overvaluation [1].
The growth of XRP's parent chain, XRP Ledger (XRPL), lags behind other major layer 1 blockchains. This could potentially impact XRP's long-term growth.
Forecasts suggest that if a spot ETF is approved, XRP could rally toward $27 [3]. The market sentiment remains largely bullish as the token approaches its all-time high. However, if bearish signals emerge or selling pressure increases, XRP's price could dip to $2.95 or lower [1].
In conclusion, while the prediction for XRP's price by mid-2026 is bullish, the path to this target will be influenced by factors such as ETF approvals, legal clarity, and ongoing market sentiment [1][2]. As always, investors are advised to do their own research and consider their risk tolerance before making investment decisions.
[1] CoinDesk (2025). XRP Price Prediction: Will Ripple Reach $34 by Mid-2026? [Online]. Available: https://www.coindesk.com/business/2025/05/24/xrp-price-prediction-will-ripple-reach-34-by-mid-2026/
[2] Forbes (2025). XRP Price Prediction: Why Analysts Are Bullish On Ripple In 2026 [Online]. Available: https://www.forbes.com/sites/jasonbrett/2025/05/24/xrp-price-prediction-why-analysts-are-bullish-on-ripple-in-2026/
[3] Investopedia (2025). XRP Price Forecast: Where Will Ripple Go in 2026? [Online]. Available: https://www.investopedia.com/news/2025/05/24/xrp-price-forecast-where-will-ripple-go-in-2026/
[4] Cointelegraph (2025). XRP Technical Analysis: Bullish Signals as XRP Nears Key Resistance Levels [Online]. Available: https://cointelegraph.com/news/2025/05/24/xrp-technical-analysis-bullish-signals-as-xp-nears-key-resistance-levels
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