XRP's Prolonged Decline May Continue, Trader Warns of Potential 50% Fall

XRP has been experiencing a decline since the start of 2026, with a total drawdown from the cycle highs to 71%. This is not unique to XRP, as many altcoins have also suffered significant losses. However, Bob Loukas, a well-known trader, predicts that the token may fall by another 50% before the end of the year.

Loukas notes that the current decline has been ongoing since the end of 2025, with XRP's price chart showing a clear bearish trend. Despite this, he points out that the RSI indicators on the XRP daily price chart show bullish divergences and strong seller exhaustion, indicating a possible technical rebound.

Historically, after similar prolonged declines, XRP has demonstrated powerful rebounds. For example, in July 2023, the coin rose by 47.6%, while in November 2024, it delivered an explosive 281.7% rally. However, Loukas emphasizes that any possible local growth would only be a temporary pause.