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The Crash Is Over? XRP Price About To Hit ‘Significant Bottom’

By NEWSBTC
Apr 26, 2026
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A Tight Range Showing Late-Stage Compression

The evidence lies in what the past four months of price action have quietly assembled. XRP’s price action in the past four months has been confined within a narrow support band roughly between $1.30 and $1.70. This compression phase appears to be forming the latter portion of a descending triangle.

This descending triangle pattern is visible on the daily chart. XRP has formed a series of lower highs since January 2026 while holding a relatively stable floor around $1.28 to $1.31. At the time of writing, the XRP price is trading at $1.43. 

A Final Flush Or Has the Low Already Arrived?

Protechtor is careful to present two paths forward. If it is true that XRP is currently in the late stages of a descending triangle, then the first path is that the descending triangle resolves with a characteristic downside thrust. This is going to be a move below the wave (d) low at $1.28, which would represent a final shakeout before price reverses sharply higher. 

According to the analyst, such a move would raise the odds here significantly that the bottom is being put in, as triangles typically end with a swift thrust that is quickly retraced.

The second path is that XRP has already seen its significant low. A breakout above the wave (c) high would invalidate the triangle structure and imply that the corrective sequence ended earlier than the pattern would suggest. 

Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of BitKan. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. BitKan shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information. Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. Products mentioned in this article may not be available in your region.

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