XRP's Path to $10: A Technical Deep Dive into Strong Bullish Setup and Strategic Entry Points

The XRP price narrative in late 2025 is a tale of two forces: a entrenched bearish trend and a brewing bullish counterattack. While the asset has languished below its July 2025 peak of $3.65, technical indicators and institutional tailwinds suggest a potential reversal could be on the horizon. This analysis dissects the critical support/resistance levels, multi-year breakout patterns, and emerging bullish structures to identify strategic entry points for investors eyeing a $10 target by mid-2026.

The Bearish Foundation: A Three-Wave Correction

XRP's price action in early 2026 reflects a classic three-wave corrective pattern on the 5-day chart, with the recent bounce to $2.4 acting as a retracement rather than a sustainable bullish shift according to technical analysis. The asset has repeatedly closed below key moving average ribbons, including the 50-day EMA at $2.07, signaling a deeper correction. Critical support levels now reside in the $1.30–$1.40 range, where a multi-year trendline acts as a gravitational pull for downside risk according to technical analysis. A breakdown below this zone could expose a 40% decline from current levels, targeting $1.25.

However, the bearish thesis is not unassailable. Institutional adoption and inflows into XRP-based spot ETFs have injected new liquidity into the market, with Standard Chartered projecting a $8 price target by year-end 2026. This optimism hinges on XRP's ability to retest and hold above key resistance levels, triggering a shift in momentum.

Key Resistance and the $2.00–$2.01 Inflection Point

In late December 2025, XRP's price action has been stymied by the $2.00–$2.01 resistance zone, a level that has rejected buyers three times. Elevated trading volumes at this level confirm strong selling pressure, suggesting a critical inflection point. Sustained acceptance above $2.01 could catalyze a move toward $2.15–$2.20, while failure to hold above $1.97 risks a breakdown toward $1.90–$1.92 according to market analysis.

This dynamic is further complicated by a descending triangle forming near $2.30, a pattern that traders have highlighted as a potential breakout catalyst. A breakout above this level, confirmed by expanding volume, could propel XRP toward $2.41 and beyond, depending on liquidity dynamics.

Emerging Bullish Structures: Wedges and Wave Models

Despite the 14-week bearish trend, XRP has shown signs of a bullish wedge forming near $2.00. Analysts argue that growing buying pressure within this wedge could lead to a near-term upside breakout, particularly if institutional buyers continue to accumulate at these levels. A decisive close above $2.31 or $2.62 would be required to reverse the broader bearish trend according to technical analysis.

Longer-term, Elliott Wave models suggest a $10 target by mid-2026 if XRP breaks above key resistance levels and validates bullish momentum. These projections, however, remain conditional on volume confirmation and broader market validation.

Strategic Entry Points and Position Management

For investors seeking to capitalize on XRP's potential, strategic entry points emerge at key support levels. The $1.97–$2.00 range offers a high-probability entry if the asset retests this zone with strong volume, as it represents a critical pivot. A stop-loss below $1.90 would protect against further downside, while a breakout above $2.01 could justify scaling into positions.

For those with a longer-term horizon, the $1.30–$1.40 support zone presents an asymmetric opportunity. A rebound here, confirmed by a bullish engulfing candlestick pattern, could trigger a multiwave rally toward $2.00 and beyond. Position management should emphasize gradual scaling, with trailing stops locked in as XRP approaches $2.30 and $2.41.

Conclusion: A High-Risk, High-Reward Play

XRP's path to $10 is far from guaranteed, but the technical and institutional landscape suggests a compelling case for a bullish breakout. The interplay of key resistance levels, wedge patterns, and institutional inflows creates a scenario where a well-timed entry could yield substantial returns. Investors must remain vigilant, however, as a breakdown below $1.90 could reignite the bearish trend. For those willing to navigate the volatility, XRP's technical setup in late 2025 offers a rare confluence of risk and reward.