{"id":156211,"date":"2026-04-25T20:00:23","date_gmt":"2026-04-25T20:00:23","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=156211"},"modified":"2026-04-25T20:00:23","modified_gmt":"2026-04-25T20:00:23","slug":"the-crash-is-over-xrp-price-about-to-hit-significant-bottom","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=156211","title":{"rendered":"The Crash Is Over? XRP Price About To Hit \u2018Significant Bottom\u2019"},"content":{"rendered":"

XRP has spent the better part of four months grinding sideways inside a narrow range band, <\/a>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 <\/a>significant enough to matter for traders.<\/p>\n

A Tight Range Showing Late-Stage Compression<\/h2>\n

Analyst Protechtor, posting on X<\/a>, has been monitoring a key support zone on XRP\u2019s 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.\u00a0<\/p>\n

The evidence lies in what the past four months of price action have quietly assembled. XRP\u2019s 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.<\/p>\n

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.\u00a0<\/p>\n

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. <\/a>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.<\/p>\n

A Final Flush Or Has the Low Already Arrived?<\/h2>\n

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.\u00a0<\/p>\n

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.<\/p>\n

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.\u00a0<\/p>\n

Either way, the analyst\u2019s conclusion converges on the same destination: \u201cIn either case I expect we are near a significant bottom,\u201d he said. These bottom projections are just noise in the context of a larger bullish structure<\/a> that remains intact.<\/p>","protected":false},"excerpt":{"rendered":"

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 […]<\/p>\n","protected":false},"author":0,"featured_media":156212,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-156211","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/156211"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=156211"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/156211\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/156212"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=156211"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=156211"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=156211"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}