$XRP still has two major price waves to complete before the altcoin bear market ends, according to crypto market analyst RWA_Investor.
In a recent post on X, the analyst shared an Elliott Wave chart showing $XRP rising again before facing another major correction and entering a larger bullish phase.
In other words, the analyst expects more volatility before $XRP’s next major uptrend.
$XRP Set to Push Toward $2.64–$3.09
The analysis sees $XRP’s recent price movement as part of a larger correction in a W-X-Y pattern. From its current level, $XRP will first rise toward $1.87–$2.11 before moving even higher.
The main upside target is between $2.64 and $3.09, suggesting that $XRP is on track for a potential 2x price run. However, the chart shows that this will not mark the end of the correction. Another major drop will follow before the larger bullish move begins.
One of the most notable aspects of the setup is the projected decline after the rally. Following the move toward the $2.64–$3.09 zone, the chart shows $XRP falling back toward approximately $1.42 before beginning another major leg lower.
The analyst’s projection ultimately places Wave (Z) around $0.7451, representing a substantial downside move of approximately 46% from current levels.
Under this structure, $XRP will experience a strong rally followed by another major sell-off before the overall corrective pattern is complete. From then on, the market enters a full-fledged bullish phase, according to the analyst.
$XRP Remains Up 35% Monthly
Despite the bearish long-term scenario outlined in the chart, $XRP recent performance remains relatively strong. $XRP is trading around $1.39, down 1.38% over the past 24 hours. However, the token remains up approximately 35% over the past month.
The current price also remains well above the chart’s earlier $1.0357 Fibonacci support area, which marks an important level in the analyst’s structure. For now, $XRP needs to hold above the $1.40 area and build enough momentum to challenge the $1.87 and $2.11 resistance zones.
Other Analysts’ View on $XRP Price
Analyst XForceGlobal $XRP recently said he expects $XRP to first reach $2 and potentially climb to $3–$4 if its bullish trend continues.
For context, $XRP recently dropped more than 22% from $1.70 but has recovered from $1.31 to around $1.40. XForceGlobal believes the current decline may be a final correction before another rally.
Meanwhile, $XRP’s falling reserves on Binance could also support the bullish outlook. Specifically, Binance’s $XRP reserves have fallen by about 500 million $XRP, from 3.1 billion in November 2025 to 2.6 billion currently. This suggests investors may be moving coins into private wallets for long-term holding.