XRP fell to a low of $1.88 on early Wednesday and is currently trading at the $1.92 range. Discussions about the emergence of a bear market are circulating among traders, who fear a deeper slump. The Ripple’s altcoin has breached the psychological level of $1.90, and if it fails to reclaim the $2 range, another dip could be on the cards.

However, leading pseudonymous cryptocurrency analyst Dark Defender has claimed that XRP will begin to experience an upward ascent in February 2026. The analyst has set a new target for XRP, with a minimum price of $5.85 and a maximum price of $8.76, for 2026.

Also Read: XRP May Explore $1.64 Price Low: When Does the Surge Back Start?

XRP Will Trade Between $5.85 and $8.76 in 2026

He wrote on X that all his previous XRP predictions have come true this year in each wave. “We set $1.88, and XRP touched $1.60 as Wave A in April,” he wrote. “We set $3.80 levels with XRP touching $3.66 as Wave B in July,” he added.

He also wrote that he predicted XRP would decline in Wave C and fall to $1.88 level, which it did on Wednesday. “And we set $1.88 once again as our Wave C of the Monthly Wave 4, which is technically DONE.”

The cryptocurrency analyst added that in the Wave D, XRP will begin to rally and break out in price. “Fibonacci levels are precise at $5.85 and $8.76, which we precisely hit $1.88 and are now using as support.”

If the Ripple’s native token hits the $5.85 and $8.76 highs, it would be its biggest rally ever seen. The newly approved ETFs and institutional interest in Ripple’s upcoming IPO could push its price upward. However, whether the leading altcoin will reach that high, and whether his prediction will turn out to be accurate, we will have to wait and watch from February 2026.