Analyst Predicts Strong Bullish Wave for XRP After Current Correction
XRP's price action is currently seen as a corrective phase before a potential major uptrend.
XRP's price action is currently seen as a corrective phase before a potential major uptrend. XRP (XRP) is trading at ₹127 ($1.34). This is an original Token Times brief based on reporting by CaptainAltcoin, with live market data added, as of Fri, 16 Oct 2026 13:00:02 UTC.
This analysis suggests XRP could soon enter a significant bullish phase, impacting investor sentiment and price action if the prediction holds.
- XRP's current price action is viewed as a corrective Wave 2 phase.
- Analyst predicts a stronger Elliott Wave expansion following this period.
- XRP has already completed an initial move from $0.98 to $1.70.
- XRP Nears Potential Bottom at $1.27, Analyst Predicts
- Analyst Predicts Strong Bullish Wave for XRP After Current Correction — this brief
According to analyst EGRAG Crypto, 
XRP is currently experiencing a corrective phase known as Wave 2, which is part of a larger bullish Elliott Wave structure.
The analyst argues that XRP has already completed an initial impulse move, rising from around $0.98 to $1.70, and is now in a corrective period before the next major uptrend.
This analysis suggests that XRP's current weakness is temporary and that a stronger bullish wave could be on the horizon.
The broader market context shows a positive trend, with the total crypto market cap at $2.84 trillion and 
Bitcoin up 2.03% in the last 24 hours.
XRP is currently trading at $1.34, showing a 2.98% increase in the past day but a 2.85% decrease over the last week.
Since this brief published about 1 hour ago, XRP (XRP) has moved from ₹127.43$1.34 to ₹127.43$1.34 — +0.00%.
The chart plots XRP's price: grey is the move before this brief published, the vertical dashed line marks the moment it published, the horizontal dashed line is the price then, and the coloured area is the move since — from Token Times's market data (daily resolution). It shows what happened after the news, not that the news caused it; many factors move prices. Not financial advice.
At today's peer-to-peer rate, 1 XRP ≈ ₹140.03 (about $1.34), up 2.8% over 24 hours. The rupee itself trades about 9.9% above the official rate on the P2P market, so a Indian buyer's effective cost differs from the headline dollar price.
Live market data
Current prices for the asset in this story — live, source-stamped, updated every 15 minutes.
Analyst Predicts Strong Bullish Wave for XRP After Current C — questions & answers
What is the current phase of XRP's price action?
XRP is in a corrective Wave 2 phase, according to analyst EGRAG Crypto.
What is the predicted outcome for XRP's price?
A stronger bullish wave is expected after the current corrective phase concludes.
What was XRP's initial impulse move?
XRP rose from approximately $0.98 to $1.70 before entering the current correction.
How much is 1 XRP worth in rupee today?
About ₹140.03 at the live peer-to-peer (P2P) USDT rate, which is what Indians typically trade at — equivalent to roughly $1.34. The rupee price moves with both XRP's US-dollar price and the USDT/INR rate; use our XRP in rupee page for any amount.
Which outlets reported this story?
This is an original Token Times brief that synthesises reporting from CaptainAltcoin. It is not a copy of any one article — follow the source links above for the original reporting.
Original summary — not financial advice. This is an original Token Times brief that summarises a development reported elsewhere and adds live market data for context; it is not the original article and reproduces no part of it. Follow the source link above for full details. Crypto is volatile and high-risk — always do your own research.