XRP's current price action is mirroring a pattern from 2016, indicating a possible 69% decline before a significant rally. According to ChartNerd, XRP is undergoing an ABC correction and has already fallen 44% from its July peak of $3.65. This correction could see XRP drop below $1 by early 2026, potentially setting the stage for a long-term surge towards $27, representing a 110,000% increase.