XRP Wave Analysis: Bearish Structure Signals Drop to $0.87-$1.09

XRP has shed roughly 50% of its value since Q4 2025 and is now trading near the $1.40 level, showing no clear sign of a trend reversal. The asset remains locked in a corrective phase that has resisted multiple attempts at recovery, keeping bulls on the defensive and reinforcing the dominance of short-term bearish pressure. Analysts tracking XRP price analysis showing bearish channel pressure have flagged this zone as technically fragile.

Elliott Wave Structure Points to Deeper Correction

Current technical readings place XRP within an ABC sub-wave formation, embedded in a larger Wave 2 corrective structure. This is a textbook Elliott Wave setup where the market works off excess before committing to a directional move.

Price action continues to confirm instability, with XRP failing to build any meaningful upside momentum. A similar dynamic was observed in earlier XRP consolidation patterns before volatility expansion, where range compression preceded sharp directional moves.

$0.87-$1.09 Target Zone Before Any Recovery

The wave outlook projects that the ongoing C wave will complete the Wave 2 structure before any sustainable move higher begins. If the pattern plays out as modeled, XRP could print a low in the $0.87 to $1.09 range - a significant decline from current levels. Reaching this zone would likely define a structural bottom, setting up conditions for a Wave 3 advance. This scenario aligns with longer-term views tracked in XRP price prediction after major support tests, which model a potential rally toward $8.6 by late 2026 following a deep support retest.

Until the corrective structure resolves, XRP remains at risk of further downside. A confirmed low in the projected range would shift the technical picture materially - but until then, price behavior continues to favor caution over conviction.