XRP Analysts Weigh In on Potential Price Surge Amid Bearish Market Trends

A CryptoQuant analyst has analyzed XRP's market trends and identified potential signs of a significant price increase.

The analyst notes that XRP's funding rates on Binance have been in the negative region for most of 2026, indicating a broad shift toward bearish bias among traders. However, this trend may not necessarily dictate the cryptocurrency's future performance.

Historical trends suggest that during drawdowns, XRP often undergoes an asymmetric market condition where traders' biases and price action diverge. The analyst believes that such a scenario is currently unfolding, citing the digital asset's recent price movements.

XRP has recorded consistent profits over the past few days, with a 6.2% surge this Friday after recovering from a slight dip earlier in the day. TradingView's data reveals that XRP has gained 15% this week, surging from $1.32 to trade at $1.50.

The analyst's prediction of a 127% rally is based on past behavior during similar market conditions. If realized, such a trend could propel XRP close to its all-time high region and rekindle discussions about double-digit price targets.