XRP price faces renewed volatility after President Donald Trump confirmed major US combat operations against Iran. The announcement came as digital assets reacted to rising geopolitical tension, with the total crypto market cap falling by 4.05% to 2.21 trillion. However, technical analysts say XRP’s long-term structure remains intact despite price weakness.
The token recently slipped to $1.115, wiping out early 2026 gains from $2.40. It now trades near $1.44, up 6% in 24 hours but down 28% monthly. Analysts argue that short-term pressure does not alter the broader XRP price prediction.
United States Begins Major Operations in Iran
President Donald Trump has announced that the United States had begun “major combat operations” in Iran. He said the strikes targeted missile sites and the Iranian Navy. The statement followed weeks of stalled diplomatic talks.
Trump said Iran attempted to rebuild its nuclear program and develop long range missiles. He added that the action aimed to stop threats against American troops and allies. He also called on the Iranian people to overthrow their government after the strikes conclude.
Israeli Prime Minister Benjamin Netanyahu confirmed a joint operation against what he called an existential threat. Shortly after the announcement, Israeli forces reported missile launches from Iran toward Israel. Defense systems intercepted the incoming threats.
Crypto markets reacted quickly as traders reduced risk exposure. Bitcoin and altcoins saw sharp but uneven price swings. BTC dipped over 6% to $64,183, Ethereum fell 5% to $1872, and XRP fell 7% to $1.29, remaining under pressure but holding above long-term technical support.
Elliott Wave Structure Points to Larger Move
A Korean Elliott Wave analyst known as XForceGlobal said XRP’s structure aligns for the next bullish phase. He noted that XRP revisited its all-time high and then completed a full retracement. According to his thesis, that reset prepares the next expansion wave.
The analyst cited a confirmed breakout from a multiyear triangle formation. In Elliott Wave analysis, such breakouts often mark the end of long accumulation. He described the current sideways action as compression rather than weakness.
Earlier projections labeled $6 as a conservative Fibonacci extension target. That level would mark more than a fourfold move from recent lows. In recent commentary, he referenced $4, $5, and even $10 or higher as possible wave objectives.
Source: X
He warned traders not to focus only on short-term candles during accumulation. According to his analysis, larger timeframes show structural strength. He maintains that both small and large timeframes show steady accumulation.
XRP Price Long-Term Trendline Remains Intact
XRP has dropped about 29% since the year began and remains below its July 2025 peak of $3.6. From that high, the token has declined nearly 64%. According to CoinCodex’s XRP price prediction, it recorded six monthly losses in the last seven months.
Despite this decline, XRP still trades above a multi year ascending trendline. That trendline has acted as support since 2018. Historical data shows two prior curves that retested this level before strong breakouts.
Source: X
Market watcher Chart Nerd noted that each retest led to renewed upside momentum. If the pattern continues, XRP could revisit support before another breakout phase. As per the analysts, if the XRP price trends this way, a full cycle breakout could extend toward $27.6, based on prior curve expansions.
Source: https://coinpaper.com/15036/xrp-price-prediction-as-donald-trump-confirms-launch-of-operation-against-iran
