A market veteran has offered what he referred to as the XRP dream state of affairs, figuring out a assist degree XRP might drop to earlier than a run to 2 digits.
This commentary, which got here from analyst Ali Martinez, calls consideration to a distinguished bullish flag construction that has fashioned on the 1-month XRP chart since November 2024. For context, this bullish flag varieties when a token phases an preliminary upsurge, faces resistance, and consolidates earlier than resuming the uptrend.
XRP Varieties Bullish Flag Construction
Notably, the consolidation stage is commonly the longest part, forming the flag sample. Knowledge from Martinez’s chart reveals that XRP witnessed the preliminary worth surge when it rallied from $0.5 in November 2024 to a peak of $3.4 in January 2025. This represented a 580% enhance and marked the formation of the flagpole.
Nonetheless, after hitting the $3.4 excessive, XRP confronted resistance, pulled again, and has been consolidating. This consolidation has persevered since then, regardless of occasional upswings above $3, lasting for over 10 months now. As is typical of bullish flag patterns, Martinez now expects a breakout quickly to increased ranges.
A Ultimate Dip Imminent?
Nonetheless, the market pundit suggests {that a} remaining dip might happen earlier than this breakout. Particularly, Martinez predicts XRP might register one other decline to the $1.9 worth degree. Different analysts additionally anticipate this drop. As an example, Casi stated in a Nov. 3 evaluation that an XRP decline to a variety of $2.04 and $1.72 could possibly be potential.
In an up to date account, Casi insisted that the XRP correction was not but over regardless of the most recent rebound try. After XRP confronted a rejection at $2.41 over the weekend, she famous that this helps the speculation {that a} steeper drop to the Wave 3 low at $2.05 could possibly be essential.
🚨 The Market Received Forward of Itself… XRP’s Correction Isn’t Achieved But! 🚨
The market acquired a little bit too excited over the Mastercard partnership information… We noticed XRP push proper into the extremes of the place subwave 4 might go, briefly wicking as much as $2.41, however that transfer was short-lived.… pic.twitter.com/hAvk4ueQpT
— CasiTrades 🔥 (@CasiTrades) November 6, 2025
Martinez Predicts Rally to $10
Notably, Martinez believes this imminent drop would act because the set off for the bull flag breakout, projecting a potential rally to $10. Notably, this represents a 300% enhance from XRP’s present worth of $2.5 and a extra substantial 426% from the $1.9 flooring worth.
Curiously, the $10 worth goal has featured in a number of analyses amid the continuing bullish restoration from XRP. For one, The Crypto Fundamental not too long ago referred to as consideration to a report from Cryptollica, during which the analyst recognized a historic 4-phase pattern that XRP has been following since 2020. He expects the completion of the pattern to take XRP to $10.
In the meantime, market analyst EGRAG Crypto has already set his eyes on increased targets. In certainly one of his newest market commentaries, he instructed that XRP was following a five-course Elliott Wave construction, which started in mid-2023. In accordance with him, XRP at the moment resides within the fourth wave, and Wave 5 might take it to $27.
DisClamier: This content material is informational and shouldn’t be thought of monetary recommendation. The views expressed on this article might embody the writer’s private opinions and don’t replicate The Crypto Fundamental opinion. Readers are inspired to do thorough analysis earlier than making any funding choices. The Crypto Fundamental shouldn’t be chargeable for any monetary losses.
