Analyst Chad Steingraber recently made a statement—XRP might enter a "rapid re-pricing" mode, soaring from $2 to $10 within a year? It sounds pretty crazy, but his reasoning is not just empty talk.
Let's look at the data first. In the past month, the XRP ETF has absorbed over 5.06 billion XRP, and since its launch in November, it has accumulated a total of $944 million in chips, accounting for 0.74% of the circulating supply. This pumping speed indeed sets the stage for a $10 target. Even more interesting, the Bitwise Crypto 10 Fund ETF has allocated a 5% position to XRP.
On the technical side, there are two classic patterns emerging—symmetrical triangle breakout + bullish flag pattern. Following this setup, the target price could directly hit $14 to $15. If the ETF continues this absorption pace, XRP could see a 400% increase before 2026? It's not impossible.
Of course, no one can predict the market with certainty, but at least the current chip flow and technical signals are pointing in one direction. Stay tuned.
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RektHunter
· 12-10 12:52
Ha, another 10x dream, this time it's XRP's turn.
Another soothsayer is here, I believe in ETF accumulation, but 400%? Don't boast too much, afraid of face-slapping.
Bull flag symmetrical triangle, this technical analysis is outdated, always saying it will break out, how many times has it actually broken out?
XRP from 2 to 10? Alright, I'll observe first, if it happens, I’ll be speechless.
The chip flow is indeed interesting, but it depends on the true intentions of the institutions. Are they trading spot or futures to cut leeks?
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RugPullSurvivor
· 12-10 12:49
Another $10 dream? Forget it, I believe in chip flow direction, not analysts' words.
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WhaleMinion
· 12-10 12:34
Fuck, XRP is so intense, Bitwise directly allocated 5% of the portfolio. Is this serious?
The ETF is so aggressive, it feels like either a big surge or a huge crash...
$10? Let’s see if it breaks 2.5 first, don’t want another false breakout.
Why does this technical pattern look so familiar... last time it was like this, it didn’t rise either.
$944 million poured in, institutions wouldn't be that stupid, right? Or am I overthinking it?
Wait, is that analyst also holding a position?
Analyst Chad Steingraber recently made a statement—XRP might enter a "rapid re-pricing" mode, soaring from $2 to $10 within a year? It sounds pretty crazy, but his reasoning is not just empty talk.
Let's look at the data first. In the past month, the XRP ETF has absorbed over 5.06 billion XRP, and since its launch in November, it has accumulated a total of $944 million in chips, accounting for 0.74% of the circulating supply. This pumping speed indeed sets the stage for a $10 target. Even more interesting, the Bitwise Crypto 10 Fund ETF has allocated a 5% position to XRP.
On the technical side, there are two classic patterns emerging—symmetrical triangle breakout + bullish flag pattern. Following this setup, the target price could directly hit $14 to $15. If the ETF continues this absorption pace, XRP could see a 400% increase before 2026? It's not impossible.
Of course, no one can predict the market with certainty, but at least the current chip flow and technical signals are pointing in one direction. Stay tuned.