XRP Price May Crash to $2.2, Analyst Predicts Citing Technical Trends

Key Insights:

• Analysts projected the XRP price could retrace to as low as $2.20.
• Elliott Wave and Fibonacci levels signaled potential reversal near that zone.
• SEC ETF delays and Ripple litigation continued to weigh on sentiment.

The XRP price was under pressure at the time of writing, with analysts pointing to a possible correction toward the $2.20–$2.50 range before any new rally attempt. Technical signals suggested a rebound could follow if that support zone held.

XRP Price: Elliott Wave Analysis Mapped Potential Decline

Chart analyst AlienOvichO said the XRP price had formed what is known as a “double three” correction. This Elliott Wave structure often develops during prolonged consolidation. It typically involved multiple legs of decline before trend continuation.

The $2.20–$2.50 corridor emerged as the focal support area. AlienOvichO marked this range on charts as a potential accumulation zone. The analyst suggested buyers might step in once the correction tested these levels.

Academic research reinforced this view. A 2025 study published in the Journal of Financial Economics reviewed volatile digital asset markets.

It found Elliott Wave patterns anticipated directional moves correctly in 68% of cases. That record lent statistical weight to the corrective scenario in XRP.

XRP Price Aligned With Fibonacci Retracement

Further confirmation of a looming crash came from Fibonacci retracement analysis. AlienOvichO said the XRP price decline had already aligned with the 61.8% retracement level.

This ratio, often called the “golden pocket,” has historically coincided with reversal points across several asset classes.

Historical support levels near the same area added strength to the argument. An altFINS study from 2023 reviewed retracement behavior in token markets.

It concluded that prices reversed higher after touching the 61.8% retracement in 72% of cases studied.

The overlap of Elliott Wave structure and Fibonacci retracement suggested that XRP could rebound once the current corrective cycle is completed. Traders watching the charts viewed this confluence as a critical setup.

Regulatory Uncertainty Influenced Market Outlook

Technical patterns were not the only factor shaping the market. Ongoing regulatory developments also weighed on sentiment toward XRP.

The U.S. Securities and Exchange Commission (SEC) recently postponed its decision on proposed spot XRP exchange-traded funds. The new deadline was set for October 24, 2025.

Delays of this nature have often coincided with short-term pressure across tokens. A 2024 report by the National Bureau of Economic Research reviewed altcoin responses to ETF decisions.

It found average declines of about 15% after regulatory postponements. Notably, this comes despite the long-running Ripple Vs. SEC lawsuit has bolstered market confidence recently.

Meanwhile, short-term chart levels also came into focus. Analysts said $2.55 and $2.66 functioned as immediate support.

A successful defense of these points could open the path toward $2.85–$2.90. If they failed, $2.30 might be tested as the next downside target.

EGRAG Crypto, another market observer, said that the broader structure remained bullish as long as $2.30 held. The analyst added that a confirmed breakout above $3.18 could shift momentum higher, with longer-term projections extending toward $27.

What to Expect in September for Ripple Coin?

The trajectory of the XRP price in September may depend on whether the $2.20–$2.50 support range holds during the ongoing correction. A rebound from this zone could validate the Elliott Wave and Fibonacci scenarios.

That would create conditions for a renewed push toward yearly highs.

At the same time, external catalysts remained significant. Updates on the SEC’s ETF review could alter sentiment rapidly.

Market participants continued to monitor both the technical chart signals and regulatory headlines as September began.