XRP has staged a notable recovery this week, and Black Swan Capitalist co-founder Vandell Aljarrah is cautioning late buyers against chasing the rally. In his view, another pullback will offer a better entry point.

At press time, XRP is trading at $1.61, up 6.68% over the past 24 hours. The token has gained 24% over the past week and 9% over the past month, though it remains down roughly 12% year-to-date.

XRP Rebounds After 26% Pullback

The latest recovery follows a volatile stretch that began with the token sliding to $0.978 in August. That decline marked a low before XRP broke above $1.70 in the third week of August, a move from trough to peak worth roughly 72%.

XRP subsequently surrendered part of those gains, falling 26.6% to approximately $1.2468. The token has since recovered, climbing back above $1.60 after trading near $1.65 on Tuesday evening.

Aljarrah expects the recent rebound to be followed by another decline, which he argues would give investors who missed the earlier move a fresh opportunity to enter.

"If you haven't accumulated the amount you wanted, don't let this move lure you in. Sit tight. This pump is not your entry. A pullback will come. That's how these transitions develop."

— Vandell | Black Swan Capitalist (@vandell33) September 22, 2026

XRP Could Establish Higher Lows

Aljarrah's outlook does not necessarily imply that XRP would revisit its August low if another pullback materializes. If XRP reaches $2 before the next decline, for example, a pullback toward $1.50 could still represent a higher low compared with the $1.2468 level recorded during the latest correction.

In technical analysis, a higher low describes a trough that forms above its predecessor, a structure commonly read as a sign an asset is retaining gains as it moves higher.

He also acknowledged that market timing can be difficult. A pullback does not have to occur at the levels traders anticipate, leaving investors who wait for a specific entry price at risk of missing further gains.

His comments come as the broader crypto market gradually enters a bull cycle.

Bitcoin Leads Crypto Recovery

Bitcoin broke above $87,000 on Tuesday, reaching its highest level in nine months. The leading cryptocurrency has also recovered substantially from its July low of $57,800. At press time, Bitcoin was trading around $86,500, up more than 49% from that July level.

The wider market has strengthened as well, with total market capitalization approaching $3 trillion. The Crypto Fear & Greed Index currently stands at 77, a reading in the greed zone. The index condenses signals such as volatility, momentum, and social activity into a single 0-to-100 gauge of market mood, and its current score points to elevated optimism — the backdrop against which Aljarrah is urging restraint.

Several large-cap altcoins have posted strong weekly gains. UNI has risen about 64% over the past week, while NEAR has gained approximately 92%.

Taken together, Aljarrah's comments suggest the recent rally may not mark the final opportunity for buyers. However, whether another pullback occurs — and where it might bottom — remains uncertain, as does whether XRP can hold its reclaimed ground above $1.60 while sentiment sits in greed territory.