 
 
XRP showed signs of stabilizing on Thursday following a sharp, market-wide sell-off earlier this week. Notably, on Tuesday, Bitcoin dropped below $88,000, pulling many altcoins down in its wake.
The broader crypto decline mirrored weakness in U.S. stocks and was compounded by growing geopolitical concerns, including President Trump’s plans for Greenland, which added to market uncertainty.
Nevertheless, analysts have highlighted several factors that could fuel a strong recovery for the fifth-largest cryptocurrency by market cap.
According to Santiment analysts, XRP has entered “Extreme Fear” territory, reflecting a sharp shift in sentiment among small retail traders. The firm tweeted Thursday that after a -19% drop since January 5, pessimism has reached historic highs.
“Historically, this high level of bearish commentary leads to rallies. Prices move the opposite to retails’ expectations more often than not.” the analysts explained, suggesting potential upside in the near term.
 
Elsewhere, popular analyst Javon Marks observed that XRP’s breakout pattern signals massive growth potential. He highlighted a “coil” chart pattern first identified in April 2024 at roughly $0.50, which later surged to a peak near $4 in 2025, reflecting a 580% gain before pulling back to around $2.
Marks projects a minimum breakout target between $15–$20, implying more than 600% upside from current levels, based on trendline extensions and historical price behavior.
Other analysts have also echoed cautious optimism. Using the Elliot Wave pattern, Steph Is Crypto pointed out a wave 4 correction bottom at $1.79 on the XRP/USD chart and projected a wave 5 rise exceeding $3.
While he warned of “short-term hopium” signals, the overall assessment is that a potential rebound is likely, especially for traders who avoid panic-selling.
Meanwhile, the XRP/BTC pair has formed a year-long descending wedge, according to CryptoWZRD. The wedge developed after XRP’s explosive November 2024 run, during which it rose from 0.00000725 BTC to 0.00003062 BTC by early December, a 337% gain against Bitcoin. The consolidation that followed has kept XRP trading near the wedge’s lower trendline at roughly 0.00002135 BTC.
The analyst predicted that a breakout from this wedge could trigger a parabolic rally, potentially pushing XRPBTC to 0.000048, a 116% increase from current levels.
Further, he noted that if Bitcoin remains around $90,000 during this period, XRP could reach $4.32, setting a new all-time high.
At press time, XRP was trading at $1.78, reflecting a modest 6.41% drop over the past 24 hours.
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