Veteran Trader Predicts Potential XRP Reversal Amid Rare 2022 FTX Bottom Signal
A prominent analyst who predicted XRP's 700% surge in 2024 has identified a rare technical signal last seen during the 2022 FTX crash.
A prominent analyst who predicted XRP's 700% surge in 2024 has identified a rare technical signal last seen during the 2022 FTX crash. XRP (XRP) is trading at ₹119 ($1.25). This is an original Token Times brief based on reporting by ZyCrypto, with live market data added, as of Sun, 01 Nov 2026 23:30:01 UTC.
The identification of this rare technical pattern could indicate a significant turning point for XRP, potentially influencing investor sentiment and trading behavior in the near term.
- Analyst who predicted XRP's 700% 2024 rally spots rare 2022 FTX bottom signal.
- XRP currently trades at $1.25, showing slight 24h decline despite market stability.
- Signal suggests potential reversal, but broader market sentiment remains cautious.
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- Veteran Trader Predicts Potential XRP Reversal Amid Rare 2022 FTX Bottom Signal — this brief
A veteran cryptocurrency trader, who previously predicted 
XRP's impressive 700% rally in 2024, has turned bullish after identifying a rare technical signal. This signal, which was last observed during the 2022 FTX crash, suggests that XRP could be approaching another major turning point.
Despite the potential for a reversal, XRP's current price is $1.25, showing a slight 0.43% decline over the past 24 hours and a 3.79% drop over the past week. This price action is occurring within a relatively stable overall market, with the total crypto market cap at $2.68 trillion.
The analyst's track record adds credibility to the prediction, as their previous forecast of XRP's 2024 rally proved accurate. However, the Fear & Greed index remains at 34, indicating that the broader market sentiment is still in 'Fear' territory.
This development comes amid a period of market uncertainty, with investors closely watching for signs of a potential shift in trend. The identification of the rare FTX bottom signal could be a key factor in shaping near-term trading strategies for XRP.
As the market continues to digest this information, traders and investors will be monitoring XRP's price action for confirmation of the predicted reversal. The outcome of this technical signal could have significant implications for XRP's future price trajectory.
Since this brief published about 9 hours ago, XRP (XRP) has moved from ₹118.81$1.25 to ₹118.81$1.25 — +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 ≈ ₹131.34 (about $1.25), down 0.1% over 24 hours. The rupee itself trades about 10.5% 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.
Veteran Trader Predicts Potential XRP Reversal Amid Rare 202 — questions & answers
What is the rare technical signal identified by the analyst?
The analyst has identified a rare technical pattern last seen during the 2022 FTX crash.
How accurate has the analyst been in the past?
The analyst accurately predicted XRP's 700% rally in 2024.
What is the current market sentiment for XRP?
The current market sentiment for XRP is cautious, with a slight 24h price decline and a 7d drop of 3.79%.
How much is 1 XRP worth in rupee today?
About ₹131.34 at the live peer-to-peer (P2P) USDT rate, which is what Indians typically trade at — equivalent to roughly $1.25. 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 ZyCrypto. 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.