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XRP has been Form a red bearish candle Since the beginning of February, which is the result of a price crash that took place at the beginning of the month. Although the Altcoin has recovered somewhat since then, he still has to return to the opening of January. Nevertheless, the majority of the crypto investors Bullish remains on the long-term perspectives for XRP, with Analysts double optimistic Price objectives ranging from $ 2 to $ 5.
A crypto analyst on the TradingView platform, however, has presented a mandatory bearish case for XRP, warning that actively is approaching the end of a crucial 12-year cycle, which could cause a serious correction to $ 0.1.
The 12-year cycle of XRP is approaching completion. Great correction ahead?
According to the analystXRP has completed almost a 12-year cycle and the conclusion of this phase will be a very intense correction of the XRP price. Although acknowledging that XRP could still achieve a slightly higher high before the full decline begins, the analyst believes that the chance of a considerably further component is low and warns that a continuous correction could occur in the coming months.
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The warning is aimed at technical indicators and technical patterns, in particular a long -term triangular pattern. This long -term triangular pattern continued to exist for five years between XRPs of all times from $ 3.40 in 2018 to 2024, before it broke in a last fifth wave. This last fifth wave reportedly reached a peak in January 2025 at $ 3.40, and the next step from here is an extensive movement down.
The analysis also refers to the Bullish/Beerarish reversal beam indicator by Skyrexio, which confirmed the conclusion of the 12-year cycle. Now the proposed target for the correction is set around $ 0.1, based on the 0.5 Fibonacci retracement level.
Contrasting prediction as a majority, Bullish remains in the future of the Altcoin
At the time of writing, XRP acts at $ 2.43, which means that a correction of up to $ 0.1 would represent a decrease of 95% compared to its current level. Such a drop would not only erase almost all XRP profit since 2017, but would also mark one of the most devastating collapses in its history. Interestingly, this expected loss in the XRP market capitalization would be even greater than it was seen in the years that it was seen was suppressed by the weight of the sec -right case against Multi -company Ripple.
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This Bearish prediction contrasts the overwhelming bullish sentiment that is currently around XRP. Many analysts and investors expect greater price growth pending institutional acceptance and regulatory clarity under the new Trump administration. One analyst even recently predicted that the XRP price is about one High Run of all time up to $ 5. Another analyst, Javon Marks, noted that XRP Is on track to reach more than $ 100 in the coming years.
Featured image of Medium, graph of TradingView.com
