Analyst Predicts XRP Surge to $27 by 2026

Analyst Predicts Significant XRP Gains Following Potential 2026 Bottom

Technical analyst ChartNerd has presented an analysis suggesting that the current bear market for XRP may be less severe and shorter than previous cycles. According to the analyst’s breakdown shared on June 8, there is a possibility of a cycle bottom forming before the end of 2026, which could pave the way for XRP to eventually reach $27.

Historical Bear Market Trends and Current Conditions

ChartNerd’s research indicates that historical XRP bear markets have typically spanned between 400 and 790 days, with price drops ranging from 85% to 90% from their peaks. In contrast, the current correction, as of the analysis, has lasted approximately 350 days and represents a nearly 70% decrease from the all-time high of $3.65 recorded in July 2025.

The analyst highlighted that both the duration and the magnitude of the current drawdown are milder compared to historical patterns. ChartNerd views this trend of decreasing severity as a significant indicator.

“The territory for marking a historical bottom between now and EOY is fast approaching,” ChartNerd stated. “These prices are where we need to start paying attention to the fact that although the chances of an immediate expansion might be low, a cycle bottom could genuinely be on the horizon.”

Potential for Further Downside and Future Targets

Despite the optimistic outlook, ChartNerd did not entirely dismiss the possibility of further price declines for XRP. The analyst suggested that additional market pain in the coming months might be necessary to establish the definitive cycle low. This would then be followed by an accumulation phase, leading to a potential ascent towards Fibonacci extension targets of $8, $13, and $27.

An exception to this observed pattern was noted in the 2014 bear market. During that cycle, XRP experienced a 96% drop over approximately 210 days to reach its low. However, it subsequently took over 1,200 days for XRP to surpass its previous high, with a significant wick low appearing in late 2017 before a peak in January 2018.

Recent Price Action and ETF Inflows

At the time of reporting, XRP was trading around $1.15, marking a roughly 12% decrease from the previous week and a 19% drop from the month prior. In the past week, the Ripple token touched a 19-month low of $1.05 before experiencing a brief rally to $1.20, followed by a slight pullback.

Amidst this recent volatility, spot XRP Exchange-Traded Funds (ETFs) presented a positive development, closing the last week with net inflows totaling $2.62 million. This figure is noteworthy, especially when contrasted with Bitcoin ETFs, which saw outflows exceeding $1.7 billion during the same period, and Ethereum ETFs, which experienced outflows of $173 million.

Among other cryptocurrency ETFs, only HYPE ETFs demonstrated stronger performance, attracting nearly $17 million. Funds tracking Litecoin (LTC), Avalanche (AVAX), and Hedera (HBAR) reported no significant activity.