XRP Analyst Sees Bull Run Setup Despite Current Pullback

XRP's price has been under pressure due to a broader crypto selloff, but an analyst believes that this may be a setup for a major rally.

The analyst expects the token to hold above $1 and sees the $1.20 area as a likely floor before any meaningful recovery begins. This level represents a final washout that has historically preceded major rallies.

Much of the near-term risk comes from the Middle East, where escalating tensions have raised fears of a major crude oil supply disruption. This overhang keeps the door open for another round of selling across risk assets, including crypto.

However, the analyst remains bullish on XRP's long-term case and expects a major rally later in 2026. He plans to keep buying on weakness and views the current climate as exactly the kind of setup that precedes outsized gains.