XRP price has suffered a strong reversal this week, moving from a high of $2.415 on January 6 to the current $2.05. Still, technicals suggest the token may rebound soon, as Brad Garlinghouse predicts 2026 will be a year when Ripple fires on all cylinders.
Brad Garlinghouse Sees Ripple Firing on All Cylinders
In an X post, Brad Garlinghouse predicted that Ripple would be firing on all cylinders this year. He believes that the year will be much better than 2025 as it will focus on growing the network.
2025 was one of Ripple’s best years. The Securities and Exchange Commission (SEC) ended its lawsuit against Ripple Labs, which had been a thorn in the SEC’s side for five years.
Additionally, the agency approved several spot XRP ETFs in November. Data show that these funds have been highly successful, with cumulative inflows exceeding $1 billion. If this continues, it could hit over $8 billion this year.
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Ripple also made notable acquisitions that will add utility to XRP and Ripple USD (RLUSD) in the future. For example, it made four acquisitions, including Ripple Prime, GTreasury, Rail, and Palisade. It also raised $500 million and achieved a $40 billion valuation.
At the same time, Ripple USD was one of the fastest-growing stablecoins in crypto, with its assets jumping from near zero to over $1.4 billion today. Its role will likely continue growing in the coming years, especially after the approval of the GENIUS Act. It also received a banking charter from the Office of the Comptroller of the Currency (OCC).
Looking ahead, Garlinghouse hopes this momentum will accelerate. For one, the year has started with the company acquiring a license to operate in the UK. It will also benefit from the upcoming vote on the market structure bill in the US Senate, potential altcoin season, and Federal Reserve interest rate cuts.
XRP Price Technical Analysis
The daily chart shows that the XRP price bottomed at $1.7740, its lowest level in October and December. It also formed a giant falling wedge pattern, which often leads to a bullish reversal. These patterns explain why it rebounded this year.
XRP has pulled back from a high of $2.4153 to the current $2.06. On the positive side, it has remained above the 50-day and 25-day Exponential Moving Averages (EMA).
Therefore, the Ripple token will likely bounce back, with the initial target being at $2.415333, its highest point this year. A move above that target will signal more gains, potentially to the psychological $3 level.
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