Will the golden decade trend reappear in XRP? Analysts are optimistic about reaching $8-10 by 2026

According to Cointelegraph, crypto analyst Steph is Crypto has benchmarked against the long-term trend chart of gold over the past ten years, believing that XRP is currently brewing a multi-year upward trend similar to that.

Technical Indicators Show Bullish Signals

The latest price of XRP is $2.07, which recently broke through a descending channel, with a rally of nearly 30%, showing clear upward momentum. Steph’s technical analysis indicates that XRP’s current trend structure closely matches the consolidation phase of gold from 2020 to 2022. If this pattern continues, the target price range is $8-10, representing a potential increase of 230-310% from the current price.

Insights from the Gold Trend Chart

After rebounding from the low point at the end of 2022, gold has provided an important reference for the market. The similarity in technical patterns between XRP and gold suggests that as long as the current structure remains intact, a breakout is highly probable. This benchmarking is not coincidental but based on a systematic analysis of long-term cycle structures.

Risk Warnings Cannot Be Ignored

However, analysts also highlight potential threats. If XRP fails to hold above the 100-week EMA (Exponential Moving Average), the price could retreat to the $1.61-1.97 range. More concerning is the technical divergence observed in XRP’s movement—price rising while RSI weakens—which is a similar signal to the bear market phase of 2021-2022, when an 85% correction was triggered.

Bear Market Clouds Still Loom

Currently, XRP remains below the descending trendline, and the 100-week EMA still acts as a strong resistance. These technical features suggest that the bear market may not be entirely over yet. While investors look forward to the target price in 2026, they should also remain cautious of potential corrections. The gold trend chart offers not just optimistic expectations but also a warning of risks.