XRP could be approaching a significant turning point if a recent market projection shared by crypto enthusiast Floppy plays out as expected.
While the digital asset has remained under pressure during its extended correction, Floppy believes the current downtrend is nearing its conclusion and that XRP may soon begin moving toward fresh record highs.
In a post on X, Floppy shared a weekly XRP price chart outlining a projected path for the cryptocurrency over the coming months. The forecast suggests that XRP will complete its ongoing correction before October, after which the asset could reverse direction and begin a sustained upward trend that eventually leads to new all-time highs.
Prediction:
XRP will complete this correction before October and begin its ascent into new all time highs. pic.twitter.com/PR2eKqri9Y
— Floppy (@FloppyX) August 1, 2026
Descending Trendline Signals End of Correction
The chart attached to the post highlights XRP trading within a prolonged descending structure that has developed over several months. A downward-sloping resistance line connects successive lower highs, while a rising support trendline forms a narrowing wedge-like pattern as price approaches the apex.
According to Floppy’s projection, XRP may experience one final period of weakness while remaining inside the pattern before breaking above the descending resistance. The forecast indicates that this breakout could occur before October, marking the end of the correction phase.
From that point, the projected path shows XRP climbing steadily, pausing briefly during intermediate pullbacks before continuing higher. The illustration ultimately places XRP above its previous all-time high, with the projected move extending toward the $5 price region.
Although the chart represents a prediction rather than a confirmed outcome, it reflects Floppy’s expectation that the prolonged correction is entering its final stage and that a bullish reversal could follow in the months ahead.
Community Weighs Regulatory and Market Outlook
The post prompted responses from members of the XRP community, with several commenting on what could influence the projection.
BlueBull XRP suggested the prediction appears likely, provided the Clarity Act is successfully passed. The comment reflects the view held by some market participants that regulatory developments in the United States could play an important role in shaping investor sentiment and market performance.
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— TimesTabloid (@TimesTabloid1) June 15, 2025
Another community member, Moby FuzzyLove, expressed optimism while acknowledging the uncertainty surrounding the timing of any potential rally. The commenter noted the difficulty of believing in a long-term outlook without knowing exactly when the anticipated move might begin.
Meanwhile, CRYPTO & BIKE LIFE indicated continued confidence in XRP despite current market conditions, stating that accumulation remains their preferred strategy.
Floppy’s outlook adds to a growing number of market forecasts suggesting that XRP may be nearing the end of its corrective cycle. Whether the projected breakout develops before October remains uncertain, but the chart reflects expectations that the current consolidation could eventually give way to a move toward new record price levels.
Disclaimer: This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses.
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