Perplexity AI Forecasts XRP Price Target for 2026

XRP is currently trading around $1.06, but a recent outlook from Perplexity AI suggests the asset could reach between $3 and $5 by the end of 2026. This forecast depends on XRP shifting from a speculative asset to a core utility tool for payments. The bull case relies on consistent institutional inflows and Ripple increasing the volume of real world payments moving through its network.

However, the current price action remains challenging. The token has struggled for the past year, printing lower highs since its August 2025 peak. It is currently trapped in a price range between $1 and $1.50. Traders are watching the $1.05 support level closely, as a break below this could signal further weakness for the asset in the near term.

To reach the projected $3 mark, the market needs more than just optimism. XRP would first need to reclaim technical resistance levels at $1.20 and $1.60. Current momentum indicators show that the price is still in a slow decline, meaning the asset needs a significant shift in trading volume and institutional adoption to change its current trajectory.