Can XRP Price Hit $27?

The post Can XRP Price Hit $27? appeared first on Coinpedia Fintech News

XRP price has slipped into the green zone and is now trading above $1.40 after gaining more than 2% in the last 24 hours. 

However, on the flip side, XRP’s open interest has declined from a peak of $2.6 billion to around $900 million–$1 billion in early 2026, reflecting a clear unwind of leveraged positions. 

Amid the volatile price activity, an analyst still maintains a long-term target of $27 for XRP. Here’s why:

ChartNerd Flags Deeper Pullback Possibility

Crypto analyst ChartNerd has outlined a scenario that includes the possibility of a sharper correction. According to the analyst, XRP could revisit the $0.80–$0.70 range if current resistance continues to hold.

Rather than viewing this as a bearish breakdown, the analyst sees it as part of a larger setup. A deeper pullback, particularly toward key technical zones like the Gaussian Channel, could act as a reset before a stronger upward move.

Will XRP hit $27? 

Despite short-term weakness, ChartNerd maintains a bullish long-term outlook. The analyst reiterated earlier projections, with macro targets set at $8, $13, and even $27.

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The argument is that while price movement may deviate from earlier expectations, the broader structure remains unchanged. According to this view, only a loss of the 2020 cycle low would invalidate the long-term bullish thesis.

For now, XRP is seen as still in its early phase, with the major breakout yet to begin.

On a similar note, another analyst, EGRAG CRYPTO, maintains that XRP is still following a multi-year ascending structure, with the recent pullback acting as a normal retest after a breakout. As long as this trend holds, he projects macro targets at $8, $17, and $27, viewing them as structured long-term levels rather than short-term price moves.

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