The post XRP Price Prediction: Targets $2.40 by February Amid Technical Recovery appeared on BitcoinEthereumNews.com. Ted Hisokawa Jan 26, 2026 14:27 XRP showsThe post XRP Price Prediction: Targets $2.40 by February Amid Technical Recovery appeared on BitcoinEthereumNews.com. Ted Hisokawa Jan 26, 2026 14:27 XRP shows

XRP Price Prediction: Targets $2.40 by February Amid Technical Recovery

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Ted Hisokawa
Jan 26, 2026 14:27

XRP shows bullish potential above $1.95 resistance, with analysts forecasting $4 by year-end. Current technical setup suggests $2.40 near-term target if momentum builds.

Ripple (XRP) is trading at $1.91 as of January 26, 2026, showing modest gains of 0.88% in the past 24 hours. While the cryptocurrency remains below key moving averages, recent analyst predictions and emerging technical patterns suggest potential for significant upside in the coming weeks.

XRP Price Prediction Summary

Short-term target (1 week): $2.10-$2.15
Medium-term forecast (1 month): $2.20-$2.40 range
Bullish breakout level: $2.22 (Upper Bollinger Band)
Critical support: $1.77

What Crypto Analysts Are Saying About Ripple

Recent analyst commentary has turned increasingly bullish on XRP’s prospects for 2026. Dominic Basulto from The Motley Fool made a bold prediction on January 25, stating: “After a short-lived rally to start the year, XRP is once again trading below the $2 price level… I’m predicting that XRP will double in price this year to hit the $4 mark.”

Earlier in January, Basulto reinforced his optimistic outlook, noting: “Up 13% to start off 2026, XRP is once again starting to look like the type of high-upside cryptocurrency that investors can trust… The world’s fourth-largest cryptocurrency is going to set a new all-time high and end the year trading above the $4 mark.”

These predictions suggest institutional confidence is building around Ripple’s long-term prospects, with year-end targets consistently pointing toward the $4.00 level.

XRP Technical Analysis Breakdown

The current technical setup for XRP presents a mixed but potentially bullish picture. With an RSI of 43.13, the cryptocurrency sits in neutral territory, suggesting neither overbought nor oversold conditions. This positioning often precedes significant directional moves.

The MACD histogram reading of -0.0000 indicates minimal bearish momentum, while the proximity to the zero line suggests a potential bullish crossover could occur with increased buying pressure. XRP’s position within the Bollinger Bands at 0.21 (closer to the lower band at $1.83) indicates the asset may be oversold relative to recent price action.

Key resistance levels emerge at $1.95 (immediate) and $1.99 (strong), while support rests at $1.84 (immediate) and $1.77 (strong). The Average True Range of $0.09 suggests moderate volatility, providing opportunities for tactical entries.

Ripple Price Targets: Bull vs Bear Case

Bullish Scenario

A sustained break above the $1.95 resistance level could trigger a rally toward the 20-day SMA at $2.02. From there, momentum could carry XRP to the upper Bollinger Band at $2.22, representing a 16% gain from current levels.

If buying pressure intensifies, the next major target sits near $2.40, aligning with the 50-day SMA at $1.98 acting as support on any pullbacks. This Ripple forecast assumes broader cryptocurrency market stability and continued institutional adoption.

Bearish Scenario

Failure to hold above the $1.84 support could see XRP test the lower Bollinger Band at $1.83. A break below this level would likely trigger algorithmic selling, potentially pushing the price toward the critical $1.77 support zone.

In a broader market downturn, XRP could retest the $1.60-$1.70 range, representing a 15-20% decline from current levels. The distance from the 200-day SMA at $2.55 suggests significant overhead resistance remains.

Should You Buy XRP? Entry Strategy

Current technical indicators suggest a measured approach to XRP positioning. Conservative buyers might wait for a decisive break above $1.95 with volume confirmation before establishing positions.

For aggressive traders, current levels near $1.91 offer a favorable risk-reward setup with tight stop-losses below $1.84. The proximity to key support levels provides clear exit criteria while maintaining upside exposure to potential breakouts.

Position sizing should account for XRP’s volatility, with stop-losses no wider than 8-10% to manage downside risk effectively.

Conclusion

This XRP price prediction points toward cautious optimism in the near term, with technical indicators suggesting potential for a move toward $2.40 over the next month. The combination of analyst bullishness and oversold technical conditions creates an interesting setup for patient investors.

However, traders should remain mindful that cryptocurrency predictions carry significant uncertainty. The key catalyst for upward movement remains a sustained break above $1.95 resistance with strong volume confirmation.

This analysis is for informational purposes only and should not be considered financial advice. Cryptocurrency investments carry substantial risk, and past performance does not guarantee future results.

Image source: Shutterstock

Source: https://blockchain.news/news/20260126-price-prediction-xrp-targets-240-by-february-amid-technical

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