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Ripple’s XRP has successfully emerged from its three-month decline, following an 18% jump that surpassed the crucial $2.20 resistance level.
Experts indicate that the XRP price forecast now suggests a target of $5 based on Elliott Wave Theory.
$XRP
Here’s EVIDENCE that #XRP can effortlessly reach $5 this cycle (and potentially even $20+) by utilizing pattern recognition from Elliott Wave Theory and market psychology. pic.twitter.com/RK9oBneqJt— XForceGlobal (@XForceGlobal) January 5, 2026
Seven-Year $2.00 Resistance Finally Surpassed
According to crypto analyst Steph, since 2017, XRP’s price has frequently encountered rejection in the $2 region.
Every significant cycle rally has faltered at this threshold, establishing it as one of the most crucial long-term resistance points in XRP’s history.
Over a yearly timeframe, the longer the price consolidates below resistance, the more robust the breakout tends to be.
The recent close above $2 indicates long-term supply exhaustion and may pave the way for substantial repricing above the previous all-time high around $3.84, last achieved in 2018.
Data from SosoValue shows that in the past week, XRP recorded the second-largest inflow among U.S. spot ETFs, totaling $43.16 million—almost four times more than Solana.
ETF purchases are now absorbing circulating supply, with XRP price forecasts indicating short-term resistance anticipated at $2.40-$2.55, where significant sell orders are concentrated.
XRP Price Forecast: Weekly Chart Indicates Trend Continuation Setup
The weekly XRP/USDT chart illustrates the market shifting from a correction back into a trend continuation.
The price has recently broken above a three-month descending trendline that had constrained every rally since the local peak near $3.40.
This breakout represents a critical technical advancement as it signifies that sellers who maintained control of momentum through Q4 2025 are losing their grip.
Structurally, XRP has been forming a controlled pullback in recent months rather than a breakdown.
Source: TradingView
The price consistently honored the horizontal support zone around the mid-$1.80-$2.00 area, which acted as a demand floor while volatility compressed.
The breakout occurred just above this base, indicating accumulation rather than panic selling.
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The 9-week SMA, currently around $2.05, is flattening and starting to curve upward, reinforcing the idea that downward momentum has largely been depleted.
Momentum indicators corroborate this transition. RSI is recovering from the low-40s and stabilizing rather than diverging bearishly, which is typical behavior at the conclusion of a corrective phase.
From a levels perspective, $3.00-$3.05 remains the pivotal resistance. A clean weekly close above it could likely accelerate momentum swiftly, as overhead supply diminishes significantly beyond that point.
If this occurs, the chart’s projected extension toward $3.50 becomes technically validated, especially if ETF-related inflows or broader market strength re-emerge in the narrative.
Furthermore, the longer-term projection toward $5.00 in H1 2026 aligns with a calculated move from the breakout structure and the height of the previous consolidation range.
Pepenode Offers Investors 528% APY Ahead of Potential XRP Rally.
If XRP successfully breaks the $2.50 resistance and continues to ascend, meme coins like Pepenode (PEPENODE) could witness another explosive rally.
Pepenode is a new cryptocurrency project that has already secured over $2.5 million despite challenging market conditions.
It’s a game where you can “mine” coins without the need for expensive computer equipment.
You play the game in your web browser, establish virtual mining nodes, and upgrade your facilities to earn more tokens.
The project is emulating PEPE’s successful strategy, which surged over 1,000x during the 2024-25 period as XRP rallied 400%.
With an increasing number of individuals purchasing Pepenode’s mining rigs, the token price is anticipated to rise swiftly.
To join the presale before the price escalates, visit the official Pepenode website and connect a crypto wallet like Best Wallet.
You can buy tokens now for $0.001192 each and pay with cryptocurrencies like ETH, BNB, or USDT.
You can also use a regular credit or debit card to finalize your purchase in just seconds.
Visit the Official Pepenode Website Here
The post XRP Price Prediction: XRP Breaks 3-Month Downtrend – $5 in 2026? appeared first on Cryptonews.
