Ripple XRP Price Forecast 2026: Can XRP Hit $120 This Cycle?

XRP traders are watching the charts closely this week. A mix of short-term patterns and long-term targets has people asking one big question.

Can XRP climb all the way to $120 in 2026?

Let's break down what the charts and news are actually showing.

What is happening with the XRP price right now?

On the 1-hour graph, the altcoin is trading near $1.183. A trader known as Ali Charts pointed out a symmetrical triangle forming on the short-term graph.

A symmetrical triangle happens when the price moves in smaller and smaller swings. Eventually, the price breaks out one way or another.

According to the graph shared, a breakout from this pattern could lead to a move of around 14%. That move could go up or down, depending on which way the price breaks.

Why are people talking about XRP and ETFs?

Another post making the rounds claims Wall Street interest in XRP is growing. It points to a T. Rowe Price Active Crypto ETF filing with the SEC, suggesting an 11.42% allocation tied to XRP.

ETF filings can be a sign that bigger financial firms are paying attention to an asset. However, filings alone do not guarantee approval or that the fund will actually launch.

What does the long-term chart show?

This is where the bigger story comes in. A long-term chart from EGRAG Crypto shows altcoin forming a massive symmetrical triangle stretching back to 2017.

This triangle compresses years of price action into a tighter and tighter range. The chart highlights the 50 EMA, 100 EMA, and the 144-week moving average as key levels to watch.

The analysis marks January 2026 as an important time window. According to the chart, it could be near the tip of this long-term triangle, often a point where big moves happen.

What are the price targets shown on the chart?

The graph lists several Fibonacci extension levels as potential targets. These include 1.272 (around $9.27), 1.414 (around $15.37), and 1.618 (around $31.76).

At the very top of the chart, there is a marker near $120, tied to a much larger percentage move of over 2,600%. This is shown as a long-term, multi-year possibility, not a short-term target.

These are not promises. They are simply levels drawn from technical analysis tools that traders use to guess where the price might go if a trend continues.

What is the "second chance" narrative about XRP?

A separate post argues that the altcoin is still trading near levels seen back in 2018. The chart shows price moving sideways inside a long-term range, with a "Resistance Zone" marked higher up.

The idea here is that people who missed buying this altcoin years ago are getting another shot at similar prices. The chart also shows an upward arrow suggesting a possible future breakout above the marked resistance zone.

Again, this is one trader's view based on historical price patterns, not a guarantee of future performance.

So, can XRP reach $120 in 2026?

Based on the charts shared, $120 sits at the very top end of a long-term projection tied to a major breakout from a multi-year triangle pattern.

For Ripple to get anywhere close to that level, it would need a series of strong moves well beyond current prices, which sit just above $1. Short-term charts suggest only a possible 14% move from the current triangle pattern.

In short, $120 is presented as a long-term, high-end target tied to a much bigger market cycle, not something likely to happen overnight.

Disclaimer

This article is for informational purposes only and does not constitute financial advice. Cryptocurrency markets are highly volatile and risky. Always do your own research and consult a licensed financial advisor before making any investment decisions.