XRP Price Prediction: Short squeeze signals strengthen, with targets emerging at $2 and even $4.20?

On February 26, XRP price rebounded about 9% from recent lows. After forming solid support around $1.30, it is now hovering near $1.46. This rally is linked to the overall strengthening of the crypto market, with Bitcoin climbing back above $68,000, pushing the total market capitalization of digital assets to approximately $2.37 trillion, and market risk appetite significantly improving.

Three days ago, analyst Cypress Demanincor suggested that when XRP was at $1.34, the key intraday buy point was $1.3475. Holding above this level could allow bullish momentum to regain strength, with an upward target range of $1.45 to $1.99. The current price has already touched the lower end of this target, confirming the effectiveness of short-term technical support.

From the key price structure, as long as XRP stays above $1.40, the next resistance is focused on the $1.49 to $1.52 range. A volume-driven breakout through this dense supply zone could turn $1.68 into a new supply area. Further突破 above that could bring the $2.00 psychological level back into view. Conversely, if the price falls below $1.40, it may retest support around $1.35.

Analyst CryptoInsightUK pointed out that $1.50 is an important threshold for trend confirmation. A daily close above this level would significantly increase the likelihood of continued upward movement. From a technical perspective, XRP has broken above the descending trendline at $1.3820 and is trading above the 100-hour moving average. The MACD has generated a bullish crossover, RSI is approaching 70 but not yet overbought, indicating room for further momentum. Additionally, 24-hour trading volume has increased to $3.53 billion, reflecting rising market participation.

On-chain data also shows positive signals. The CUVD indicator indicates sustained buying dominance, and analyst CW believes this is currently a phase dominated by whales actively accumulating. Bird’s liquidity model further suggests that a large number of short positions are stacked above. If the price continues upward, short sellers may be forced to cover, potentially triggering a chain reaction of buying and creating a classic short squeeze. In theory, this could even lead to an extreme target of $4.20.

Furthermore, positive developments are coming from institutional levels. SBI Ripple Asia and Korea’s DSRV Labs announced a research partnership on February 24, 2026, focusing on evaluating the application potential of the XRP ledger in cross-border payments in Japan and South Korea. This news provides new fundamental support for XRP’s long-term narrative. The current market focus remains on whether the $1.49-$1.52 resistance zone can be突破, as this range may be the key watershed determining XRP’s price trend.