XRP has spent most of the past four months moving sideways within a narrow range, far below its all-time high of $3.65. But one technical analyst believes this extended decline is nearly over, and XRP is approaching a bottom significant enough for traders to pay attention to.
A Tight Range Showing Late-Stage Compression
Analyst Protechtor, posting on X, has been tracking a key support zone on XRP’s daily chart for over a year. He believes the prolonged selloff from late 2025 through early 2026—which he identifies as Wave C of a larger corrective pattern—is either already finished or nearly complete.
Related Reading: Analyst Reveals Why He Doesn’t See XRP Price Crashing Below $1
The evidence lies in what the past four months of price action have quietly built. XRP’s price has stayed within a narrow support band, roughly between $1.30 and $1.70. This compression phase appears to be forming the final part of a descending triangle pattern visible on the daily chart. Since January 2026, XRP has made a series of lower highs while holding a relatively steady floor around $1.28 to $1.31. At the time of writing, XRP is trading at $1.43.
According to the analyst, the move from the 2025 high of $3.65 down into this range is either a completed Wave 2 or Wave B in Elliott Wave terms. He also identified smaller sub-waves within the final leg of the correction, labeling them (a) through (e). This structure suggests that wave (e) is currently unfolding, completing the triangle before a final push.
A Final Flush, Or Has the Low Already Arrived?
Protechtor is careful to outline two possible scenarios. If XRP is indeed in the late stages of a descending triangle, the first path is that the triangle ends with a typical downside thrust. This would mean a move below the wave (d) low of $1.28, representing a final shakeout before the price reverses sharply higher.
Related Reading: 4-Figure XRP: How High Will The Price Be If Ripple Captures 50% Of SWIFT?
According to the analyst, such a move would significantly increase the odds that a bottom is forming, since triangles often end with a quick thrust that is just as quickly reversed. The second path is that XRP has already hit its significant low. A breakout above the wave (c) high would invalidate the triangle structure and suggest the correction ended earlier than the pattern indicated.
Either way, the analyst’s conclusion points to the same outcome: “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.
Featured image from Adobe Stock, chart from Tradingview.com
Frequently Asked Questions
Here is a list of FAQs based on the topic Is the crash over XRP price is about to hit a significant bottom
BeginnerLevel Questions
1 What does significant bottom mean for XRP
A significant bottom is a price level where analysts believe the selling has stopped and the price is unlikely to go much lower It often signals a potential turning point where the price might start going up again
2 Is the crash over for XRP
Not necessarily Saying the price is about to hit a bottom means the crash might be ending soon but it hasnt finished yet Its like saying the elevator is about to reach the ground floorit hasnt stopped moving down but the stop is near
3 Should I buy XRP right now because its at a bottom
No one can guarantee a bottom Even if experts think its a significant bottom the price can still drop further Its safer to wait for clear signs of recovery before buying or only invest money you can afford to lose
4 What caused the XRP price to crash in the first place
XRP crashes are usually tied to broader crypto market trends negative news about the SEC lawsuit or general economic uncertainty
5 How can I tell if XRP has actually hit the bottom
Look for signs like the price stops making new lows trading volume increases on up days and positive news starts pushing the price higher
IntermediateLevel Questions
6 What technical indicators suggest XRP is near a significant bottom
Common signals include the Relative Strength Index being below 30 the price touching a longterm support trendline or a double bottom pattern forming on the chart
7 How does the significant bottom relate to the Ripple vs SEC lawsuit
A bottom often forms when bad news is already priced in If the market expects a negative lawsuit outcome the price may crash early A significant bottom could appear just before a favorable ruling or after a final negative ruling is released