XRP Down 69% From Peak, Will It Recreate Legendary 835% Surge Pattern?

▲ XRP (Ripple) ©

XRP (Ripple), which plunged sharply from its all-time high and drove investors into fear, is once again replicating the legendary price pattern that previously triggered an explosive 835% surge, raising expectations for a massive reversal rally.

According to cryptocurrency outlet Watcher Guru on February 26 (local time), XRP is currently trading significantly below its previous all-time high of $3.66, reflecting the broader weakness across the crypto market. Prominent crypto analyst Crypto Patel noted that XRP has fallen დაახლოებით 69% from its peak, breaking below the $2 support level and trading around $1.39 to $1.50. However, he emphasized that this movement perfectly aligns with the classic breakout-retest structure that previously led to an 835% surge.

Patel explained that the current decline is not merely a crash but a constructive process of retesting a long-term demand zone that once marked the upper boundary of a multi-year accumulation range. He stated that after a prolonged accumulation period in the past, XRP experienced an explosive 835% rally, and now, following a massive capitulation event and a test of key support levels, the asset has entered a high-probability reversal zone.

The critical stronghold and bullish accumulation zone that XRP must defend to achieve a successful rebound lies between $0.66 and $0.86. Even in a worst-case scenario, as long as the $0.66 support holds firmly, the bullish outlook remains intact. Only a weekly close below $0.66 would completely invalidate the upward scenario.

If XRP regains upward momentum from this key support range, it could initiate a long-term macro rally amounting to roughly 10 times the size of the accumulation range. Patel’s staged price targets begin at $2, followed by $3 and $5, ultimately aiming for above $10.

Long-term price projection data also draws a positive trajectory. According to statistical models from CoinCodex, XRP is expected to reach $1.56 by the end of 2026, followed by $5.54 in 2030, $8.68 in 2040, and steadily rise to $14.54 by 2050, demonstrating long-term value appreciation.

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