XRP Poised for 800% Rally as Analyst Maps Path to $26

• XRP has reclaimed the $3 level, with analysts projecting targets as high as $26.63.
• Ripple’s growing partnerships and ETF speculation add momentum to bullish forecasts

XRP has soared above the 3 level, and the market is gaining momentum again. This week, technical analyst Matt Hughes published a chart indicating Fibonacci-based targets of $8.30, $13.39, and $26.63. The highest estimate at the current price of about 3.05 is a possible increase of over 773 percent.

Hughes Identifies Key Fibonacci Extension Levels

Hughes indicated a period of multi-year consolidation, and the $3 level was a base and not a resistance. He observed that XRP has the potential to emulate other large-cap cryptocurrencies in their explosive rallies, with long-term extensions on Fibonacci. According to the model, the breakout structure is still in place, and the momentum is gaining traction on long-term upward movements.

On the other hand, his prediction would transform a 150,000 allocation into more than 1.3 million. Even the low targets will give three—to fourfold annualized returns, which underscores the potential asymmetry of returns observed by the technical traders. Analysts commonly use Fibonacci ratios (1.618 and 2.618) to extrapolate price changes on top of traditional resistance areas.

Ripple Strengthens Partnerships Under MiCA Framework

The optimism isn’t limited to charts. Ripple has been growing its institutional presence, with the most recent expansion being its partnership with the Spanish institution BBVA. The alliance works under the MiCA framework of Europe, which clarifies the regulation of digital assets. This advancement highlights Ripple’s approach to further penetration of cross-border payments and custody infrastructure.

Bullish scenarios are also fuelled by speculation of a possible XRP exchange-traded fund. As U.S. regulators approved spot Bitcoin and Ethereum ETFs in the U.S., market participants believe an XRP ETF would trigger billions in inflows. Regulatory and adoption obstacles still exist, but with this history of ETF approvals, investors’ expectations have increased.

A valuation of $26 would give it a market capitalization of $1.5 trillion, more than the current value of Bitcoin. Analysts warn that such numbers demand significant changes in adoption and the regulatory environment. Nevertheless, the reference to the viral growth of XRP in 2017, when the token increased by more than 35,000 percent before reaching a high of 3.84, continues to keep the holders of the asset focused on the past.