Crypto analyst Osemka is drawing a direct structural comparison between XRP’s current consolidation and the final base gold printed before its breakout to fresh highs. According to his charts, XRP/USD on the two-day timeframe is trading in what he characterizes as a reaccumulation range rather than a topping pattern.

Will XRP Follow Gold’s Pattern?

The structure is labeled in classic Elliott Wave A-B-C form, with the C leg ending in what he calls a “Spring.” The October 10 crash marks the Wyckoff terms the final violent liquidation wick that clears late longs and forces capitulation before the next markup phase.

The XRP chart shows price capped by a horizontal resistance band near the local top marked “B,” with that B high sitting above $3.40 and extending toward roughly $3.66 at the peak. After that move, XRP retraced into a sideway band where Osemka labels internal subdivisions “a,” “b,” and “c,” implying a corrective internal chop inside the broader range.

The lower boundary of the range is drawn in the $1.62 area. This lower boundary is simultaneously labeled “A” and described as the base of Reaccumulation, implying that buyers repeatedly defended that zone. The subsequent rally back toward the upper boundary defined the “B” top. What followed was a final flush into “C,” which he explicitly tags “Spring,” with the wick piercing below prior support and then snapping back above $2.20–$2.30 and into the ~$2.58 region shown on the chart.

The message is that the C wave was fast, deep, and terminal. He calls it “a sharp ending in the C wave,” adding that this is “very common.” In classical Elliott interpretation, an A-B-C corrective move that ends with an aggressive C spike often resolves with trend continuation in the direction of the original impulse. In his wording, the surge established the impulse, and everything since has been digestion, not distribution. He argues that “it is hard to see this range as anything less than a long reaccumulation after November’s surge.”

Notably, Osemka places XRP’s pattern next to gold’s weekly chart during its own multi-quarter sideways phase. Gold’s structure is annotated almost identically: an “A” low anchored around roughly $1,680–$1,700 per ounce, a mid-range chop labeled “a / b / c,” a “B” high pressing into the $2,050–$2,100 ceiling, and finally a “C” leg that undercut that same $1,700 floor before reversing.

When gold finally pushed through the long-capped $2,100 area in July 2024 and broke into sustained new all-time highs near $2,480, that break acted like a trigger: safe-haven demand, Fed rate-cut expectations and central bank buying drove an almost uninterrupted vertical phase in the metal, and over the following months gold kept taking out round numbers — $2,500, $3,000, $4,000 and beyond — ultimately stretching more than 80% higher from that $2,100 breakout zone to reach about $4,381 per ounce at the peak.

By placing XRP and gold side by side, using the same lettering, same boundary logic, and the same “Spring” terminology, Osemka is presenting XRP as sitting at the equivalent moment gold occupied just before its parabolic run.

“This one is for the XRP community, where I see some gurus preaching for the end of the cycle. Bros, it is hard to see this range as anything less than a long reaccumulation after November’s surge. In Elliott wave terms: an ABC with a sharp ending in the C wave. Very common. Last shakeout or Spring. There is basically no difference to this reaccumulation example on Gold years ago. Thank me later,” the analyst concluded.

At press time, XRP traded at $2.49.

Crypto analyst Ali Martinez has cautioned that XRP may be approaching another downswing after the Tom DeMark (TD) Sequential flashed a fresh sell signal on the daily timeframe. In a new video and transcript shared alongside a TradingView chart of the Binance XRP/USDT perpetual contract, Martinez said, “XRP could be bound for a correction. The TD Sequential Indicator on the daily chart has been remarkably accurate in calling XRP’s trend reversals over the past three months, and it has just flashed another sell signal.”

Is XRP Poised For A 16%+ Drawdown?

Martinez anchored the call in a sequence of recent TD prints that he argues lined up with notable reversals. “On July 22nd, a sell signal resulted in a 24% correction. On August 8th, a sell signal led to a 17% pullback. On August 23rd, a sell signal resulted in a 13% drop. On September 15th, another sell signal preceded a 13% dip. On September 27th, a buy signal resulted in a 12% rebound. On October 22nd, a buy signal led to a 14% surge. Now, the TD Sequential Indicator just flashed a sell signal, suggesting that a pullback may be underway.”

The above chart depicts the daily candles for the XRP/USDT perpetual on Binance with TD markers annotated at the cited swing points. It shows drawdowns and rebounds close to the magnitudes Martinez lists, with boxes highlighting approximate moves of about −23.9%, −17.75%, −12.34% and −12.89% following earlier sell counts, and rebounds of roughly +12.26% and +14.25% after the late-September and late-October buy signals.

The latest candle is labeled with a new “9” sell tag near the $2.64 area shown on the chart, underscoring the analyst’s warning that the next impulse could skew lower if the pattern persists.

TD Sequential signals are timing tools, not directional guarantees, and their effectiveness is typically judged ex-post by how consistently they appear near exhaustion points. Martinez’s argument is empirical and narrowly scoped to the recent three-month sample visible on his chart, where the recorded signals coincided with local peaks and troughs to a notable degree.

The present setup therefore pivots on whether XRP respects the latest sell print as it did in July, August, and mid-September, or whether the market breaks that cadence as it occasionally does in trending environments.

Martinez is not projecting targets or durations beyond the historical analogues he enumerates, and the only explicit inference he draws is that another corrective phase is statistically plausible given the recent behavior of the TD signals on the daily chart. Based on the four most recent TD sell signals (−24%, −17%, −13%, −13%), the average drawdown is ~16.75%, which—applied to the chart’s current price around $2.64—would imply potential downside toward roughly $2.20 if the pattern repeats.

At press time, XRP traded at $2.64.