to leave a comment.
▲ XRP/ChatGPT generated image
Amid a 35% plunge in XRP this year, an analysis suggests that if it repeats past bear market trends, it could fall to $0.57 between October and November.
According to crypto media outlet The Crypto Basic on June 15 (local time), XRP rebounded 4.8% over the weekend. However, it has fallen 11% in June. The cumulative decline this year reached 35%.
Market analyst PyraTime compared the bear markets of 2022 and 2026. Both cycles saw a roughly 70% drop from their peaks 680 to 700 days after the bear market low.
XRP fell to $0.58 in January 2022. At that time, the decline from the peak of $1.96 was 69.7%. This point was approximately 680 days after the low of $0.1013 recorded in March 2020.
A similar trend appeared in the current cycle. XRP fell to $1.05 on June 6, 2026. This is 70.1% lower than the July 2025 peak of $3.60. 701 days have passed since the low of $0.291 recorded in June 2022.
PyraTime analyzed that $1.05 might not be the final bottom. In previous cycles, the bearish trend continued for several more months even after a 70% drop. The final bottom at that time was formed on June 18, 2022, 827 days after the March 2020 low. Applying the same period, the bottom formation would be between October 10 and November 5, 2026. He stated that if past trends continue, XRP could fall to around $0.57.
*Disclaimer: This article is for investment reference only, and we are not responsible for any investment losses based on it. The content should be interpreted for informational purposes only.*
Newsletter
Get key news delivered to your email every morning
to leave a comment.