The Crash Is Over? XRP Price About To Hit ‘Significant Bottom’
XRP has spent the better part of four months grinding sideways inside a narrow range band, far removed from its $3.65 all-time high. But one technical analyst believes this extended decline is running out of road, the de...
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
XRP has spent the better part of four months grinding sideways inside a narrow range band, far removed from its $3.65 all-time high. But one technical analyst believes this extended decline is running out of road, the decline is nearly done, and XRP is nearing a bottom significant enough to matter for traders.
A Tight Range Showing Late-Stage CompressionAnalyst Protechtor, posting on X, has been monitoring a key support zone on XRP’s daily chart for more than a year. His reading is that the extended selloff from late 2025 through early 2026, which is Wave C of a broader corrective sequence, is either complete or approaching completion.
The evidence lies in what the past four months of price action have quietly assembled. XRP’s price action in the past four months has been confined within a narrow support band roughly between $1.30 and $1.70. This compression phase appears to be forming the latter portion of a descending triangle.
This descending triangle pattern is visible on the daily chart. XRP has formed a series of lower highs since January 2026 while holding a relatively stable floor around $1.28 to $1.31. At the time of writing, the XRP price is trading at $1.43.
According to the analyst, the move from the 2025 highs at $3.65 down into this range is either a completed Wave 2 or Wave B in Elliott Wave terms. Furthermore, the analysis identified sub-waves within the final leg of the correction, labeling them (a) through (e). The structure suggests wave (e) is now in progress, completing the triangle before a final thrust.
A Final Flush Or Has the Low Already Arrived?Protechtor is careful to present two paths forward. If it is true that XRP is currently in the late stages of a descending triangle, then the first path is that the descending triangle resolves with a characteristic downside thrust. This is going to be a move below the wave (d) low at $1.28, which would represent a final shakeout before price reverses sharply higher.
According to the analyst, such a move would raise the odds here significantly that the bottom is being put in, as triangles typically end with a swift thrust that is quickly retraced.
The second path is that XRP has already seen its significant low. A breakout above the wave (c) high would invalidate the triangle structure and imply that the corrective sequence ended earlier than the pattern would suggest.
Either way, the analyst’s conclusion converges on the same destination: “In either case I expect we are near a significant bottom,” he said. These bottom projections are just noise in the context of a larger bullish structure that remains intact.
Why this matters
XRP is a tracked market entity in the DigitalMoneyBox archive, making this useful context for readers monitoring repeated mentions and follow-up coverage.
Original source
Read on NewsBTCRelated market context
Bitcoin (BTC) Price Today: 2028 Halving Cycle and BlackRock ETF Inflow Signal Long-Term Rally
Recent market data also show that Bitcoin buyers have absorbed a key sell wall around $85,000, reducing one source of near-term re...
Bitcoin Posts Best Quarter Since 2024 as ETF Inflows Reach $6.34 Billion
Bitcoin ended the third quarter with its strongest quarterly performance since the final three months of 2024, as renewed demand f...
Chainlink And Swift Demo Automated Tokenized-Equity Dividends Across Four Blockchains
TL;DR Chainlink built a Swift Hackathon solution that automated a cash-dividend workflow for tokenized equities across four blockc...
New SEC crypto rules threaten small advisers, but big firms win
The US Securities and Exchange Commission’s proposed crypto custody fallback could broaden investment choices while making them ea...
Crypto Markets Move Fast, But Verification Remains the Bottleneck
Crypto headlines move prices in minutes, but verification lags behind. Why sourcing discipline is the real differentiator in digit...
Powerus tokenized stock PUSA hits $8 million in volume on Solana in four hours
The rapid trading volume of $PUSA on Solana highlights the growing appeal and potential of tokenized stocks for 24/7 global market...