XRP Completes a 30% “Sell the News” Pullback. Here’s Next Target

The recent performance of XRP has disappointed many traders who expected a strong move following the debut of new ETFs. Instead, the asset shifted into a measured decline, prompting crypto analyst Zach Rector to revisit the expectations he previously shared. His latest post reinforces that the current pullback aligns with what he had prepared his audience for, even as the broader market downturn intensified the drop.

Rector’s Breakdown of the Pullback

Rector stated that XRP has now completed a decline of approximately 30%, surpassing its earlier 20% decline report since the ETFs went live. He noted that the majority of the movement was driven by the market, but emphasized that the retracement fit within the framework he had outlined beforehand. His focus was on readiness, suggesting that those who followed his analysis should not find the current price action unexpected.

The chart he provided supports this view. Shown on a daily timeframe, XRP has moved steadily through several Fibonacci levels, including the 0.618 and 0.702 zones. The price currently sits near the mid-$1.90 area, where a marked support level at roughly $1.9011 is displayed.

Below that, the chart highlights deeper extension levels, including the 1.414, 1.618, and 1.786 lines, reflecting the structured nature of the decline rather than an irregular collapse. A shaded projection box on the right outlines the potential range of movement based on these levels.

Responses From the Community

Rector’s comment section featured a series of reactions offering different interpretations of the decline. One user expressed dissatisfaction with XRP’s failure to rise after the ETF release.

Another commenter stated that the next round of ETF releases may lead to additional downside, forecasting a potential move toward one dollar by the end of the following week.

A different view came from a user who argued that the drop had no connection to a "sell the news" outcome. According to this perspective, the decline was entirely the result of Bitcoin’s sharp correction, suggesting that XRP’s move followed the broader market rather than reacting independently to its own catalysts.

Rector’s Main Message

Rector concluded by reiterating that preparation was the core of his earlier analysis. His position is that market participants were given clear expectations for how XRP could behave after the ETFs went live, and that the present structure reflects those conditions.

He encouraged followers to recognize that significant events do not always produce immediate upward momentum and that understanding the broader market context remains essential.