Despite being 1.15% in the green in the year-to-date (YTD) chart with its press time price of $1.90, XRP hasn’t been filling cryptocurrency investors with confidence. Indeed, the token has been on a steep decline since hitting $2.35 on January 6, having retraced as much as 19%.
The downturn hasn’t, however, entirely removed bullish sentiment, and at least one cryptocurrency analyst sees a path for XRP to hit $27, even if it would first have to overcome a stubborn obstacle.
XRP needs to do this to rally toward $27
Throughout its entire history, XRP never managed to decisively break above the resistance near $3.40. In its first major bull run in 2018, the cryptocurrency plateaued with a closing price just above $3. Even the latest highs saw the token only briefly cling to $3.30 in January 2025, and stay just above $3.40 in July of the same year.
Thus, a cryptocurrency analyst known as Ether Guru on CoinMarketCap opined that, should XRP break above the 8-year resistance, it could easily aim for $27.
Looking at the token’s historical performance, the impressive rally appears within the realm of possibility. In fact, XRP has been known for explosive breakouts in the wake of positive developments.
For example, the 2018 highs were reached after a 1,400% rally achieved in less than two months. Similarly, the early 2025 high came following a 560% two-mont upsurge, and the one in the middle of the year resulted from 61% three-week surge.
Under the circumstances, a breakout above the 8-year resistance could easily lead to the necessary 694% rally to $27.
Still, it is worth noting that if history shows such an ambitious surge is possible, it also hints that XRP would not maintain the record all-time high (ATH) for long and that a retracement back below $5 is likely to occur mere months – if not weeks – later.
Why an XRP bearish breakout is more likely than a bull run
Elsewhere, while the rise to $27 is possible, there is no plausible timetable for when it could be reached, especially since XRP is – at press time on January 26, 2026 – fighting to stave off a deeper correction.
Since August, the token has been in a pattern known as a descending channel, indicating a protracted downturn.
Should this pattern hold and should XRP continue falling to reclaim its 200-day moving average (MA), it is at risk of crashing below its press time support zones between $1.70 and $1.80, thus potentially collapsing toward $1.40.
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