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Analyst Spots Beautiful 10-Month Signal On XRP Chart

Analyst Spots Beautiful 10-Month Signal On XRP Chart


TimesTabloid
2025-10-17 00:00:55

A market strategist known as TraderJB has presented two possible outcomes for XRP’s price movement as the cryptocurrency continues to recover from recent volatility. The asset, which experienced a sharp decline earlier this month, remains unable to regain the crucial $3.00 level despite a partial rebound. XRP dropped to the $1.50 range on October 10 during the broader market downturn but quickly stabilized above $2.00. Since then, however, it has struggled to build the momentum required to break through major resistance points. According to TraderJB, this behavior fits within a larger corrective structure that may now be nearing completion or could extend for several more months. Completion of the W–X–Y Correction In his latest technical assessment, the analyst described XRP’s recent trend as a ten-month corrective phase made up of three main waves labeled (W), (X), and (Y). Each of these phases lasted between three and four months and reflected alternating periods of decline, recovery, and consolidation. $XRP Beautiful 10-month flat-zigzag-zigzag combination formed. Two scenarios from here: 1. The correction is already done (or days from being done), forming a double-three. 2. Two more corrective waves are left, turning it into a triple-three. Given that the (W), (X), and (Y)… pic.twitter.com/JjerZp3LFi — TraderJB (@TraderJBx) October 15, 2025 Historical data aligns with this interpretation. The first wave (W) spanned from January to April, taking XRP from its January peak near $3.40 to around $1.80 by April. The subsequent (X) wave occurred between May and July, as the token rebounded to roughly $3.60. The final (Y) wave unfolded from August through October, characterized by sideways movement that culminated in the October market crash. That sudden selloff pushed XRP to $1.50, which TraderJB identifies as the completion point of the (4) wave within the larger cycle. He also noted that the drop cleared out a significant number of leveraged long positions, which could help set the stage for a potential recovery. Two Possible Directions for XRP From this point, the analyst envisions two main paths. The first possibility is that the correction phase has already ended, completing a “double-three” structure that would allow for a renewed upward trend. We are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 The alternative scenario assumes that XRP still has two smaller corrective legs remaining, labeled (X) and (Z), which would form a “triple-three” pattern and delay any substantial recovery until mid-2026. Although both scenarios remain viable, TraderJB leans toward the first outcome, suggesting the market could soon shift in favor of buyers once short positions begin to unwind. Currently, XRP trades around $2.38 . A decisive move above $2.80 to $3.00 would indicate growing bullish strength and confirm the start of a new rally . Conversely, a drop below the recent $1.50 low would suggest that the corrective structure is not yet complete. While XRP’s recent performance has been marked by volatility and hesitation, the broader technical outlook suggests a decisive move could be approaching. For now, investors continue to monitor the $2.80 to $3.00 range as the critical zone that may determine XRP’s next major direction. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on Twitter , Facebook , Telegram , and Google News The post Analyst Spots Beautiful 10-Month Signal On XRP Chart appeared first on Times Tabloid .


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