XRP Dream Scenario: Expert Says XRP May Dip to This Level Before a Spark to $10

A market veteran has presented what he called the XRP dream scenario, identifying a support level XRP may drop to before a run to two digits.

This commentary, which came from analyst Ali Martinez, calls attention to a prominent bullish flag structure that has formed on the 1-month XRP chart since November 2024. For context, this bullish flag forms when a token stages an initial upsurge, faces resistance, and consolidates before resuming the uptrend.

XRP Forms Bullish Flag Structure

Notably, the consolidation stage is often the longest phase, forming the flag pattern. Data from Martinez’s chart shows that XRP witnessed the initial price surge when it rallied from $0.5 in November 2024 to a peak of $3.4 in January 2025. This represented a 580% increase and marked the formation of the flagpole.

In an updated account, Casi insisted that the XRP correction was not yet over despite the latest rebound attempt. After XRP faced a rejection at $2.41 over the weekend, she noted that this supports the theory that a steeper drop to the Wave 3 low at $2.05 could be necessary.

🚨 The Market Got Ahead of Itself… XRP’s Correction Isn’t Done Yet! 🚨The market got a little too excited over the Mastercard partnership news… We saw XRP push right into the extremes of where subwave 4 could go, briefly wicking up to $2.41, but that move was short-lived. — CasiTrades 🔥 (@CasiTrades) November 6, 2025

Martinez Predicts Rally to $10

Notably, Martinez believes this imminent drop would act as the trigger for the bull flag breakout, projecting a possible rally to $10. Notably, this represents a 300% increase from XRP’s current price of $2.5 and a more substantial 426% from the $1.9 floor price.

Interestingly, the $10 price target has featured in several analyses amid the ongoing bullish recovery from XRP. For one, The Crypto Basic recently called attention to a report from Cryptollica, in which the analyst identified a historical 4-phase trend that XRP has been following since 2020. He expects the completion of the trend to take XRP to $10.

Meanwhile, market analyst EGRAG Crypto has already set his eyes on higher targets. In one of his latest market commentaries, he suggested that XRP was following a five-course Elliott Wave structure, which began in mid-2023. According to him, XRP currently resides in the fourth wave, and Wave 5 could take it to $27.