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 mo
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