Analyst with 276 IQ Says XRP Has Entered a 2026 ‘Super Cycle’ After Breaking $2
XRP opened 2026 with renewed momentum, breaking the $2 resistance and establishing that level as new support after reaching an all-time high in 2025. Prominent crypto commentator YoungHoon Kim (claimed IQ 276) called the move the start of a ‘super cycle,’ reiterating prior predictions that XRP could hit new ATHs this month and targeting $100 within five years. Analysts cited technical indicators and historical trends as supportive of continued upside. The article also references debates over Ripple’s institutional XRP sales in 2025 — a reported $8B sold — but argues these sales are strategic and not necessarily bearish, noting XRP supply on exchanges is at an eight-year low. Investor sentiment is described as positive, with recommendations to monitor price action above key levels. Disclaimer: not financial advice.
Bullish
Breaking a multi-year resistance (the $2 level) and converting it into support is a classic bullish technical signal that tends to attract further buying and stop-loss squeezes from short positions. Positive commentary from high-profile community figures (YoungHoon Kim) amplifies retail interest and can increase momentum in the short term. The article also notes structural supply-side factors — notably lower XRP balances on exchanges and Ripple’s sales framed as strategic rather than panic selling — which can reduce immediate sell pressure and support price appreciation. Historically, when major resistances are flipped to support and on-chain supply tightens (e.g., BTC halvings, ETH post-upgrades), markets have seen sustained uptrends. Short-term effects: elevated volatility and likely further upside as momentum traders and FOMO-driven buyers enter; watch for pullbacks to $2 as confirmation. Long-term effects: if adoption and liquidity conditions continue to improve and large-holder selling remains controlled, the bullish thesis can persist, but targets like $100 remain speculative and would require broad market strength and adoption. Risks include renewed large-scale selling by institutions, regulatory shocks, or broader crypto market declines that could negate the technicals.