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In his XRP 2026 price prediction, a known market technician identified the 2026 bottom XRP could drop to before finally seeing an explosive run.
After starting the year with an aggressive bullish momentum, XRP now faces intense bearish pressure. Notably, during the first five days of 2026, XRP recorded consecutive green candles, eventually recovering above $2 and hitting $2.41 on Jan. 6. However, the resistance at $2.41 has since led to four intraday losses in a row, with XRP now trading for $2.08, retesting the $2 support.
While most market commentators believe the correction could be short-lived, expecting a rebound push soon, CoinsKid, a prominent market technician, recently suggested that XRP may not have reached its bottom for 2026 yet, predicting a deeper correction before an eventual explosive surge.
In his video commentary, CoinsKid first called attention to a Discord post through which he shared XRP’s bottom prices since 2020. According to the analyst, XRP’s bottom for the 2020 cycle stood at $0.21, and by 2021, the bottom rose to $0.55 due to the bull market that year.
XRP 2026 Price Prediction Puts Bottom at $1.14
For 2022, the bottom dropped to $0.29 as a result of the Terra and FTX implosions, which marked the bear market then. In 2023, while prices improved, the bull market did not officially kick in, leaving XRP with a bottom of $0.30. For 2024, the bottom had improved to $0.388, but still much lower than expected, as XRP underperformed.
Things took a turn for the better when XRP recovered considerably in November 2024, soaring past the $1 and $2 milestones by 2025. As a result, the bottom for 2025 stood at an impressive $1.64, which XRP reached during the correction in April 2025.
Now, CoinsKid believes this year, 2026, could feature a lower bottom of $1.14, and the current retracement may lead to this low price. In the Discord post, the analyst stressed that these bottom prices represent his bidding zones. However, when he called the $1.64 bottom last year at a time when XRP changed hands above $3, he faced criticism and intense pushback.
During the video commentary, he shared technical reasons behind the $1.14 bottom call for 2026. Specifically, CoinsKid presented a 5-day XRP chart indicating that XRP broke above a 7-year symmetrical triangle during the November 2024 upsurge.
XRP Could Drop to Fib. 1.414 Before Recovery to $27
After the breakout, the rally to $3.4 in January 2025 marked the first wave of an Elliott Wave structure, and the ongoing correction after XRP hit resistance above $3 now represents Wave 2. According to CoinsKid, XRP is now exhibiting signs of an ABC correction within the corrective Wave 2.
Despite the ongoing weakness, the analyst admitted that XRP’s macro setup currently looks “pretty tasty for continuation.” However, he stressed that such a bullish continuation would occur after the correction ends. “So, really, the question is, where does the correction end?” CoinsKid said. He believes this could be the Fib. 1.414 level.
According to him, if XRP loses its current structure with a drop below $1.9, a steeper correction is in the works. Meanwhile, he noted that in such situations, XRP always drops to the 1.414 Fibonacci level during corrections. This happened in 2015 and 2021.
However, after the correction concludes, CoinsKid expects the next recovery wave to push prices to $27. This would represent a 1,198% rise from the current price of $2.08. Nonetheless, CoinsKid admitted that this was all guesswork, and he’s not sure any of the projections, whether the bottom or the top, would play out.