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Crypto

XRP has plunged more than 70% five times; long-term chart points to $27

XRP has fallen below $1.20, and an analysis based on long-term price cycles suggested it could rebound as high as $27.06. Decrypt reported that analyst ChartNerd said past boom-bust patterns may offer clues to the next uptrend after the current correction. A long-term chart showed three major rallies since 2014 followed by steep pullbacks, including five instances of declines of more than 70 percent, including 2026.

Crypto

XRP may fall below $1 again as past 30 percent drop signal reappears

XRP is flashing a renewed technical bearish signal that could push it back below $1, a warning said. ChartNerd said a daily-chart dead cross formed on Oct. 19 when the 20-day exponential moving average fell below the 50-day line, resembling a period that preceded a roughly 30 percent drop. XRP trades around $1.30, down 15 percent in a month. Ali Martinez cited a buy signal on a three-day chart, with $1.25 as a key level.

Crypto

XRP stuck in range despite ecosystem tailwinds; breakout a key test

XRP has failed to break out of a $1.25 to $1.60 trading range for 10 weeks despite recent positive ecosystem developments. Market watchers say technical price structure is driving the move more than near-term news. Analyst ChartNerd said XRP has been forming a parallel channel between the 20-week and 50-week exponential moving averages for about two months after a 70 percent surge in August. The next trend hinges on a clear break above resistance or a loss of support.