XRP has recovered from its August low, climbing from $0.99 to a current price of $1.48 and pushing back above the $1.40 level. Despite the recent rebound, the digital asset remains below the $2 threshold it lost in January 2026.
According to analysis from market analyst More Crypto Online, the asset's current price structure could potentially support a move toward a $2.14 to $2.99 target range, provided XRP continues to hold key support levels and develops the expected wave structure. A longer-term projection points to $11.40 based on multi-year Elliott Wave patterns, though analysts emphasize that this scenario depends on the validity of larger structures remaining intact.
On the charts, XRP recently tested a support zone between $1.10 and $1.38 following a mid-September low before buyers pushed prices higher. Resistance remains a significant factor for the ongoing rally. The primary resistance area stretches from $1.66 to $2.80, with XRP previously facing rejection near the $1.65 to $1.67 range in late August and on September 23.
Short-term market watchers are monitoring a micro support area between $1.32 and $1.49, alongside a more established main support zone between $1.10 and $1.29. If the current correction concludes and micro support holds, a break above the initial $1.67 resistance level could bring subsequent resistance markers at $1.93 and $2.25 into focus. Conversely, a failure to sustain the expected wave advance could invalidate the current bullish structure and lead to further declines.
