Analysts Identify XRP’s Bottom as Accumulation Builds
XRP continues to draw attention as analysts highlight a potential massive rally toward $10, supported by signs of accumulation and improving market structure. After months of volatility, experts suggest that the cryptocurrency may have already formed its price floor, signaling a new bullish cycle ahead.
Accumulation Phase and Bullish Wave Theory
XForce argues that XRP’s long-term structure points to a strong foundation, with recent charts showing a clear accumulation phase following a year of distribution. The analyst suggests the token could begin a powerful Wave 3 move, pushing prices toward $10 or higher. Despite minor inefficiencies in short-term charts, XForce believes the market has already reached its macro low, dismissing further downside predictions as “noise”.
Cautious Optimism and Final Correction Forecast
Another prominent voice, CasiTrades, maintains a cautious yet bullish view. She expects one final corrective drop before XRP begins its next major impulse upward. According to her analysis, the price could temporarily fall to $1.65, the .618 Fibonacci retracement, to complete the final wave of correction. Once this move ends, she foresees a sharp and obvious rally that could quickly break resistance levels on the path to new highs.
Consolidation and Market Preparation for Uptrend
Current trading data reinforces this consolidation phase. XRP has fluctuated between $2.4 and $2.6 after recovering from its October 10 crash, when it briefly fell to $0.77 on Binance. Analysts interpret this range-bound movement as the market preparing for its next significant leg upward. Both experts agree that once the correction completes, the ensuing rally could be swift and aggressive, fueled by growing investor confidence and renewed momentum.
If these projections hold, XRP’s resurgence could mark one of the most dramatic recoveries in the altcoin market, potentially restoring its position among the top-performing digital assets.
The information presented in this article is for informational purposes only and should not be interpreted as investment advice. The cryptocurrency market is highly volatile and may involve significant risks. We recommend conducting your own analysis.