A drop to 83 cents could be the setup XRP investors have been waiting for.
Crypto analyst Egrag Crypto has identified a falling wedge structure in XRP’s price chart that spans nearly nine months, with the token trading around $1.30 after a prolonged slide.
Based on the analysis, XRP may fall further before any significant recovery — but that bottom could mark the start of a sharp move higher, potentially reaching $8.30.
Six Painful Months
XRP has now posted six straight months of losses, its worst such run since 2014. April is already trending negative, down 1.80% in the first days of the month. If it closes in the red, it would be the seventh consecutive monthly loss — a first in the token’s history.
The token peaked at $3.60 in July 2025. Since then, the price has been compressed between two downward-sloping lines — a resistance ceiling above and
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