XRP News Today: XRP Analyst Forecasts 90% Crash After Dramatic Price Surge

Renowned crypto analyst JD has issued a bold and controversial forecast regarding XRP, suggesting that the token is on the verge of a dramatic “final biblical move” against Bitcoin within the coming months, followed by a catastrophic 90% collapse [1]. According to JD, this potential surge would represent the climax of XRP’s market dominance in the current cycle, delivering substantial gains for informed investors while potentially devastating latecomers caught in the euphoria [1].

As of now, XRP is trading at $3.15, maintaining its position after a significant mid-July breakout that pushed the price to a high of $3.64. This move confirmed a breakout from a six-year symmetrical triangle pattern, a key technical structure that many traders and analysts consider a strong indicator of future momentum [1]. The breakout was further supported by a surge in volume—over 158 million XRP tokens were traded in just 24 hours—suggesting strong institutional and whale participation [1].

Currently, XRP is consolidating above $3.00, with key support at $3.05 and resistance between $3.40 and $3.60. If the bulls manage to push and maintain price above these levels, analysts predict a potential move toward the $6 range, aligning with the measured target of the triangle pattern [1]. On-chain data also shows increased accumulation by large XRP holders, with over 70 million tokens moving out of dormant wallets in the past two weeks, a trend historically seen before major price uptrends [1].

Institutional interest in XRP is also growing, fueled by Ripple’s ongoing legal progress against the U.S. Securities and Exchange Commission (SEC) and growing expectations for an approved U.S.-listed XRP ETF. These developments are enhancing the token’s long-term viability and positioning it to benefit from increased macro liquidity [1].

JD’s analysis, however, extends beyond simple dollar valuation. He focuses on XRP’s performance relative to Bitcoin, noting that the token is currently testing a key historical resistance level that has transformed into support after a decade-long downtrend. According to his chart, XRP could reach as high as $9 (or 0.00008 BTC) before a sharp retracement [1]. JD warns that this rally would likely be the peak of the cycle, followed by a deep correction that could erase 90% of gains, a pattern he attributes to both technical and psychological factors—where institutional investors exit while retail traders remain overly optimistic [1].

Despite JD’s dramatic forecast, the broader analyst community appears more cautious. Many expect XRP to continue trending upward toward $4–$6 in Q3 and Q4, provided macroeconomic conditions remain stable [1]. Analysts generally reject the idea of a 90% crash, instead anticipating a more moderate consolidation and retracement phase. Projections for prices beyond $10 depend heavily on a Bitcoin-led bull market and increased institutional demand for products built on the XRP Ledger [1].

XRP’s recent breakout has clearly altered its technical outlook, and growing institutional interest, combined with whale support, signals strong momentum. While JD’s apocalyptic scenario may not be shared by all, the coming months are expected to be critical for XRP’s performance and long-term trajectory in the current market cycle [1].

Source:

[1] Analyst: XRP About to Print Its Final Biblical Move Before 90% Crash. Here’s the Timeline

https://coinmarketcap.com/community/articles/688a6cd0a46b022297b51bbc/