XRP Price Hints at a Comeback as Analyst Says “It Sends From Here”

A crypto analyst says XRP could “send from here.” The comment draws parallels to its 2017 rally as the token eyes a $3 target after rebounding from its October flash crash.

XRP’s (XRP-USD) rebound narrative began to gain traction after a widely followed cryptocurrency analyst on X argued that the token could “initiate a significant bull run from its current price level without any further pullback.” His view builds on a retest of a multi-year descending trendline last seen eight years ago—one that preceded XRP’s historic rally in 2017.

Back then, XRP lost nearly all of its value in a single crash before reversing higher and delivering one of the strongest runs in its history. The analyst believes the recent October 10 plunge, when XRP briefly collapsed below $1.00 on some exchanges, mirrors the same setup.

Binance Anomalies Stir Debate

During the October selloff, Binance recorded some of the deepest price gaps in the market, with XRP plunging to $0.77, well below the levels seen on other major platforms, where the token bottomed closer to $1.00. These discrepancies, which the exchange linked to issues with collateralized assets like USDe, BNSOL, and wBETH, have made traders wary of execution risk.

Still, the rapid recovery since that dip has strengthened the case for a more durable rally. The analyst argues that these short-term shocks “anchor the case” for a push toward $3, especially as volume and sentiment start to normalize across exchanges.

A Shot at $3 Before Halloween?

For traders, the next key level sits around $2.60, which is a trigger point that could open the door to $3 if bulls can hold their ground. “This looks like a repeat of the 2017 rebound setup,” the analyst wrote, pointing to the similar compression and rebound pattern forming on the chart.

XRP’s resilience has caught attention across the market, with some seeing it as a test of how far confidence in the token has come since its long legal battles and technical stagnation. As of Wednesday, XRP was holding just below $2.40, consolidating after a volatile stretch.