Ripple Extremely Bearish with Major Price Sell-Off Ahead: When Will XRP Price Recover?

Ripple Price Faces Concerns of Significant Decline

Crypto analyst The_Ripple_Effect has raised concerns about a potential significant price decline for Ripple (XRP) based on technical indicators.

Triangle Breakdown and Wave Pattern Analysis

The analyst points to a triangle breakdown pattern in the price chart. If the price closes below $0.42 on the weekly timeframe, it could signal a "extremely negative" scenario for the cryptocurrency.

This pattern is seen as part of a larger corrective wave 2 within a broader ABC pattern, which began in 2018. The analyst suggests that the current price action represents wave C, which could potentially be either wave 3 or wave 5.

Ripple vs. SEC Case Uncertainty

Beyond technical factors, The_Ripple_Effect also cites the ongoing legal battle between Ripple and the SEC as a negative influence on the price. The case is expected to continue until July 2026, and the uncertainty surrounding its outcome may continue to impact market sentiment and investor confidence.

Long-Term Outlook and Potential Entry Points

Despite the bearish short-term outlook, the analyst suggests that investors may find opportunities in the long run. The_Ripple_Effect highlights "buy targets 3 and 4" on the chart as potential entry points for "smart money" before a predicted "utility boost" between 2026 and 2030.

Although the near-term price action appears bearish, The_Ripple_Effect maintains some optimism about Ripple's long-term future.