XRP’s Long-Term Bullish Thesis Stands Firm Amidst Short-Term Correction, Analyst Highlights Key Levels
Despite a recent price pullback, a certified Elliott Wave analyst maintains a strongly bullish long-term outlook for XRP. In a detailed 10-minute video analysis shared on social media platform X, the expert dissects XRP's price action using annotated TradingView charts. The core argument is that the current downturn does not invalidate the cryptocurrency's overarching bullish potential. The analysis moves beyond emotional market reactions to focus on structural interpretation, outlining specific downside targets and crucial invalidation levels that traders and long-term holders should monitor. This technical perspective suggests that the present correction may represent a healthy consolidation or a wave within a larger bullish pattern, rather than a trend reversal. The analyst's work emphasizes the importance of understanding market structure and wave patterns to navigate volatility. As of early 2026, this professional assessment provides a counter-narrative to short-term pessimism, reinforcing confidence in XRP's fundamental trajectory based on technical analysis principles. The detailed chart work serves as a roadmap, identifying where the bullish scenario WOULD be negated, thereby offering a disciplined framework for investment decisions amidst uncertain price action.
Analyst Maintains Bullish XRP Outlook Despite Current Pullback
A certified Elliott Wave analyst has dissected XRP's price action in a detailed 10-minute video, arguing that the current downturn doesn't negate the cryptocurrency's long-term bullish potential. The analysis, shared on social media platform X with annotated TradingView charts, outlines key downside targets and invalidation levels while emphasizing structural interpretation over emotional reactions.
The breakdown focuses on operational discipline, identifying two primary scenarios for XRP: an impulsive continuation following its all-time high breakout or a corrective pathway. With momentum faltering, the analyst notes price action has shifted to the secondary count—an expanded flat correction predicted months earlier. The chart analysis identifies Wave A as the initial counter-trend decline, followed by Wave B's deceptive rally that trapped late buyers, now unwinding through Wave C.
XRP Scam Searches Spike During Price Rallies, Analyst Finds
Google Trends data reveals a curious correlation between xrp price surges and increased searches labeling the cryptocurrency as a scam. Analyst LEO Handjiloizou identified this pattern after comparing search terms like "Ripple scam" and "XRP scam" with historical price charts.
The analysis shows scam-related queries peak during XRP's strongest rallies—including 2018, 2021, and 2026 bull runs—before subsequent price corrections. This recurring trend suggests heightened scrutiny accompanies the token's outperformance periods.
Handjiloizou noted the phenomenon appears uniquely consistent with XRP compared to other major cryptocurrencies. Market tops frequently coincide with these search spikes, creating a potential behavioral marker for traders monitoring sentiment shifts.
Ripple's XRP Plunges 20% Amid Market Turmoil, Threatening Long-Term Recovery
Ripple's XRP token suffered a brutal selloff Friday, plummeting over 20% to hover NEAR the psychologically critical $1 level. The collapse extends a 50% annual decline, with nearly half those losses occurring in the past month alone.
Historical patterns suggest grim prospects: After XRP breached $1 in 2018, it took seven years to reclaim $3. A repeat could delay recovery until the 2030s, eroding confidence in altcoins as traders pivot to equities. The Dow Jones has gained 1.3% year-to-date despite macroeconomic headwinds.
This washout reflects broader crypto weakness, contrasting with traditional markets buoyed by corporate earnings. The S&P 500's resilience highlights the risk-reward calculus shifting away from speculative digital assets.
XRP's Potential Path: Dip Below $1 Could Precede $5 Rally
Ripple's XRP token plunged to $1.22 on February 6, 2026—a level last seen in November 2024 during its early bull phase. The asset has retreated 41.2% monthly after peaking at $3.65 in July 2025, with current 24-hour losses at 7.4%.
Market analysts observe parallels to Bitcoin's historical behavior: the 2022 crash to $15,000 preceded a surge past $100,000 within two years. Macroeconomic turbulence and geopolitical strains continue weighing on crypto markets, with bitcoin itself threatening to break below $60,000.
Technical charts suggest XRP's drop below $1 may establish a springboard for eventual $5 targets. The pattern mirrors 2024's cycle where drastic pullbacks preceded new all-time highs across major assets.
