Is The XRP Bottom In? Top Crypto Analyst Turns Ultra-Bullish

Credible Crypto, a widely followed market technician with 479,900 followers on X, turned decisively upbeat on XRP in an October 15 video, arguing that the token’s high-time-frame structure “still looks absolutely freaking fantastic” despite “the most devastating and most significant liquidation event in the history of crypto.” He framed last Friday’s cross-market crash—“around 10 times more than the FTX collapse”—as a bottom-forming anomaly and said XRP’s key support held on closing bases, keeping his double-digit price outlook ￰0￱ Targets Double-Digits The analyst’s core claim is straightforward: the violent wick to fresh lows across many venues did not invalidate XRP’s high-time-frame ￰1￱ points to a monthly demand band at roughly $2.00–$2.40, noting that even after the flash-liquidity cascade “we did not get any 4-hourly closes below $2.30,” and that the deeper prints to $1.17 on some exchanges were byproducts of forced liquidations rather than organic selling.

“Ultimately on the high time frames once again it looks fantastic,” he said, adding that XRP’s prior five-wave advance began at ~$0.49; as long as price holds above the origin of that impulse, he views the recent selloff as a mid-cycle correction, not a cycle ￰2￱ his words: “This is not the end of the bull run for XRP… we have much higher to go.” Related Reading: Why This Pundit Believes It’s “Game Over” For XRP Following The Crash He lays out clear tactical ￰3￱ the USD pair, the first meaningful supply band sits around $2.70–$3.11; acceptance above that region would suggest the next impulse has ￰4￱ relative pairs, he highlights a now-familiar horizontal he calls “Gandalf’s grave” on XRP/BTC—a prior multi-touch resistance that recently flipped to support and was respected on hourly closes even during the ￰5￱ path forward, in his telling, splits into two equally plausible ￰6￱ the first, Bitcoin runs hot toward $130–$150k in a parabolic extension while XRP chops sideways; that rotational dynamic would push XRP/BTC lower toward a deeper, high-time-frame demand zone even as XRP/USD holds a higher base above ~$1.90–$2.30.

In the second, XRP stabilizes here and rips sooner, with XRP/BTC launching directly and “the minimum move… a 50% move up against Bitcoin,” which would place XRP/USD at new all-time ￰7￱ cautions that a drift lower on XRP/BTC would be a feature, not a bug: “If you’re not fully loaded on XRP, that is when you should get fully loaded,” he said. Crucially, Credible Crypto ties the XRP roadmap to Ethereum’s next ￰8￱ argues ETH showed “one of the cleanest impulsive movements” in years—a full five-wave advance from ~$2,000 to ~$4,700—then sketched two ￰9￱ scenario one (the more aggressive), that $2,000–$4,700 move is wave one of a much larger sequence to $10,000+, with the current drawdown constituting wave two before a $5k–$6k expansion ￰10￱ Reading: $26 XRP Price Target Remains Technically Valid, Says Expert In scenario two (less aggressive), ETH is missing a final wave-five push to new highs just above $5k, and then would undergo a broader, deeper wave-two ￰11￱ even provides a hard invalidation for scenario two: if ETH fell to ~$2,700–$2,800, the overlap with wave-one territory would scrap it, implicitly favoring scenario ￰12￱ way, he says, “sub-$2,000 Ethereum is likely gone for the rest of the cycle.” Why does this matter for XRP?

Because if ETH makes a clean run to and through $5k first, XRP/ETH likely bleeds into a deeper green demand band before reversing—timing that would map to XRP/USD basing while the ETH leg ￰13￱ sees that as constructive signal, not weakness: a final dip in XRP/ETH toward higher-time-frame demand would “tell us when we may be seeing good risk-reward opportunity for long trades on XRPUSD,” and the longer the base, “the greater the expansion.” Credible Crypto’s playbook for confirmation is ￰14￱ XRP/USD, watch for an impulsive five-wave thrust off the lows and for clean acceptance above $2.70–$3.11. On XRP/BTC, either a swift reversal from the “Gandalf’s grave” retest or a controlled bleed into a deeper, pre-identified demand block that would time a stronger USD-denominated breakout ￰15￱ XRP/ETH, a drift to the green demand area would likely coincide with ETH’s final push past $5k, after which he expects the cross to reverse hard in XRP’s ￰16￱ press time, XRP traded at $2.42.

Featured image created with DALL. E, chart from ￰17￱