XRP Price Poised for Potential Recovery After Long Decline
We have always followed the principles of transparency and clear information. Some of our content includes affiliate links, and we may earn a small commission through these partnerships. These partnerships do not influence our editorial independence or opinion. By using our site, you accept our privacy policy and terms and conditions.
A presale and tokenomics specialist, Sofia evaluates new crypto projects with the analytical rigor of her Bocconi background. Having reviewed over 200 launches, she excels…
Cryptocurrency is a high-risk asset class, and investing carries significant risk, including the potential loss of some or all of your investment. The information on this website is provided for informational and educational purposes only and does not constitute financial, investment, or gambling advice. Cryptowinx does not endorse any specific exchange or gaming platform. For more details, please read our terms and full disclaimer.
Cryptowinx navigates the digital asset universe with a dynamic, forward-looking vision. Throughout our evolution, we have followed every market cycle, from vertical rises to corrections, always remaining a solid point of reference for our community. Our team is made up of industry experts and analysts who experience the blockchain ecosystem daily: we constantly monitor Bitcoin’s stability, study the expansion of the Ethereum ecosystem, and analyze the new frontiers of crypto casinos. We are committed to absolute editorial integrity, separating the signal from the noise through rigorous fact-checking and multi-perspective news analysis. In a landscape where innovations emerge in moments, our mission is to simplify complex concepts and offer transparency into what is established and what is still experimental.
Learn more Cryptowinx
After a prolonged period of stagnation, XRP appears to be on the verge of a possible upward shift. The digital asset has been trading within a limited range for almost four months, a stark contrast to its previous peak of $3.65. A recent analysis suggests that this period of decline may soon be drawing to a close, indicating that XRP could be approaching a crucial support level.
Technical analyst Protechtor, active on X, has been observing a vital support area on XRP’s daily chart for over a year. His assessment points to the notion that the extended selloff, which extended from late 2025 to early 2026, is either concluding or in its final stages.
Recent price movements have revealed a narrowing range, with XRP’s value fluctuating between approximately $1.30 and $1.70. This compression seems to be part of a descending triangle formation, suggesting that XRP is in the latter phases of this pattern.
This descending triangle pattern is evident on the daily chart. Since January 2026, XRP has recorded a series of lower highs while maintaining a stable support level between $1.28 and $1.31. As of now, XRP’s price hovers around $1.43.
The analyst proposes that the movement from the previous highs in 2025 down to this current range can be identified as either a completed Wave 2 or a Wave B within the Elliott Wave framework. Additionally, the analysis outlines sub-waves in the last phase of correction, labeled from (a) to (e). The structure suggests that wave (e) is currently in progress, nearing the triangle’s completion before a potential upward movement.
However, Protechtor presents two potential scenarios for what may come next. If XRP is indeed at the late stages of the descending triangle, the first possibility is a characteristic downward thrust breaking below the wave (d) low at $1.28. Such a dip would represent a final shakeout before a significant upward reversal.
In Protechtor’s view, if this scenario unfolds, it would substantially increase the likelihood that a significant bottom is being established, as descending triangles typically conclude with a rapid price move that is swiftly corrected.
The alternative scenario suggests that XRP might have already established its significant low. A breakout above the wave (c) high would negate the triangle structure and imply that the corrective sequence concluded earlier than expected. Regardless of the outcome, the analyst remains firm that XRP is nearing a pivotal bottom.
Ultimately, both pathways lead to a similar conclusion: the analyst firmly believes that XRP is approaching a significant bottom. This potential recovery could be an essential turning point within a broader bullish context that continues to hold strong.
Leave the reaction
Sofia Russo
Commentaries
Add your comment
Fill in necessary fields and publish