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XRP Showing Strength, Analyst Points To $4 Potential

By NEWSBTC
Jan 24, 2026
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XRP has begun attracting attention again after months of sideways trading. The coin has risen slightly over the past day, though it remains down for the week. Traders are pointing to familiar chart patterns, suggesting the quiet period may be nearing an end.

Traders Spot A Familiar Price Pattern

Instead of bold predictions, his analysis leaned on patterns. A downward-sloping channel draws the eye, much like one seen months before.

Shape echoes past rhythm. What stands out is how closely current movement tracks earlier behavior. The image tells part of the story; context fills in the rest. Time will show whether history bends toward repetition.

Fresh lows in XRP’s path hug the bottom stretch of a familiar range, pressure easing – some watchful eyes guess what comes next might climb.

Volume And Resistance Are Key

According to reports, the next major hurdle is a multi-month trendline resistance near $2.10. A clean daily close above this line, combined with rising volume, could signal the start of a new uptrend.

DonWedge projects that if the breakout occurs, XRP could aim for $4. From current levels, this would require a little over a 100% increase. Traders note, however, that moves without volume confirmation can fail, leading to false breakouts and extended consolidation.

Market Expert Projects A Telling Year

Based on reports, analyst ChartNerd says 2026 will be a “telling year” for XRP. He expects the coin either to confirm a strong breakout with fresh momentum or to fall below the structure it has defended for over a year.

Lately, the sideways grind has worn thin for some investors – yet hints of resilience still flicker through the numbers. Breaking past $2.10 with force might spark what comes next, lining up with the pattern DonWedge laid out on his chart. Patience now may quietly pay off later.

A Breakout Might Shift What Happens Next

A sudden jump in price might push XRP toward $4 fast, provided it finishes above the trendline with strong movement. Higher goals are possible, yet reaching them means buyers keep stepping in without pause.

So far, things look cautious rather than certain. Traders will probably keep an eye on activity levels, holding back bigger moves until signs become clearer. What happens next might show if XRP surges again or just drifts sideways some more.

Featured image from Unsplash, chart from TradingView

Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of BitKan. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. BitKan shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information. Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. Products mentioned in this article may not be available in your region.

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