Analyst Steph is Crypto identified that the digital asset is replicating the historical behavior of the precious metal. This XRP breakout pattern could drive the price toward levels never seen during the course of this year 2026. The technical projection is based on a five-wave structure that already showed success in other financial markets.
During the first week of January, the asset recorded a 30% increase in its market valuation. This movement allowed it to overcome a descending channel structure that kept the price under heavy pressure. Likewise, data suggests that XRP follows the steps of gold with a very evident time lag. Therefore, the ten dollar target seems possible if the current fractal remains in place.
The technical comparison places the current consolidation with the one experienced by gold between 2020 and 2022. Back then, the precious metal broke critical resistance before starting a 180% expansion. Thus, analysts expect a 310% rally for the native Ripple token very soon. In this way, institutional optimism grows among investors looking for high-yield digital assets right now.
The gold fractal anticipates a phase of massive expansion for the asset
Steph is Crypto maintains that high-beta assets usually react after hard assets in the market. Under this premise, gold already completed its main bullish move toward new historical highs recently. Therefore, the crypto market is starting to respond to these global liquidity signals today. It is also important to highlight that the Elliott Wave structure supports this specific growth scenario.
Additionally, the analyst highlights that the two-year accumulation phase has finally ended with success. The breakout of the descending channel is a technical signal that usually precedes lasting parabolic moves. Therefore, the projection toward eight dollars constitutes the first milestone of this new trend. Similarly, XRP demonstrates a superior relative strength compared to other competitors in the financial sector.
What technical factors could invalidate this ten dollar bullish price projection?
However, there are latent risks that could slow down this momentum toward the new 2026 highs. The price still trades below the 100-week exponential moving average at the current moment. Therefore, failing to reclaim this technical level could generate a pullback toward the 1.61 dollar zone. Likewise, the relative strength index shows divergences that worry the most conservative traders.
Finally, the cryptocurrencies market is at a decisive crossroads for its future in the medium term. Investors must closely monitor the descending trendline that previously acted as a ceiling for the price. Thus, a weekly close above three dollars would definitively confirm the structural trend change. In this way, the gold fractal would continue guiding the path toward the long-awaited ten dollar goal.
