\n\t\t\t\t\t\t\t\t\t“Our long-term target is $0.9000,” one analyst stated.\t\t\t\t\t\t\t\t<\/p>\n<\/p><\/div>\n
Ripple\u2019s XRP has registered a minor uptick over the past week, coinciding with the broader cryptocurrency market\u2019s revival.<\/p>\n
However, some analysts believe its price may decline sharply in the near future and even fall below the psychological $1 level.<\/p>\n
New Pullback Ahead?<\/h2>\n
Earlier this week, XRP tried to reclaim the $1.50 mark but failed and now trades at around $1.39 (per CoinGecko\u2019s data). The asset\u2019s market capitalization stands at approximately $85 billion, making it the fourth-biggest cryptocurrency, trailing behind BTC, ETH, and USDT.<\/p>\n
One person who has been closely monitoring<\/a> its performance is the X user TradingShot. In their view, XRP has been moving within a downward channel throughout its entire bear cycle, which, according to the chart, began in July 2025 \u2013 shortly after the price reached<\/a> its all-time high of over $3.65.<\/p>\n TradingShot noted that the severe decline in February this year hit the previous target on the 1W MA200, suggesting the asset\u2019s next potential pullback may lead to a further drop to the 1M MA100 support, set at under $0.90.<\/p>\n \u201cThis level is critical as it formed the June 2022 bottom of the previous Bear Cycle. Our long-term Target is $0.9000,\u201d the X user concluded.<\/p>\n<\/blockquote>\n X user WealthManager also presented<\/a> a bearish forecast. They believe XRP looks \u201cvery dangerous\u201d right now, warning that a \u201chuge drop could be imminent.\u201d<\/p>\n Meanwhile, the prominent Bitcoin educator and advocate Adam Livingston spoke<\/a> sharply against Ripple\u2019s native cryptocurrency. He said he would rather have $100,000 in FTX customer refund claims than $100,000 in XRP.<\/p>\n \u201cAt least SBF might send a heartfelt apology from prison before he dies of old age,\u201d Livingston added.<\/p>\n<\/blockquote>\n Despite the pessimistic views some express toward XRP, many indicators suggest its price may head north soon. Numerous market observers pointed out<\/a> that large investors have purchased almost 4.2 billion tokens (worth a whopping $5.7 billion at current rates) since the October 10 crash.<\/p>\n This development reduces the amount of XRP tokens available on the open market, and economic principles dictate that the valuation should rise if demand doesn\u2019t diminish. Moreover, this shows that whales are confident in the asset and view lower prices as an opportunity, a signal that could encourage smaller players to follow suit.<\/p>\n XRP\u2019s exchange netflow is next on the list. Over the past several weeks, outflows have consistently exceeded inflows, indicating that investors are moving their holdings off centralized platforms and into self-custody. This shift reduces the amount of coins immediately available for sale, easing short-term selling pressure.<\/p>\n The asset\u2019s Relative Strength Index (RSI) is also worth mentioning. It has fallen to around 30 on a weekly scale, marking oversold territory that can sometimes be a precursor to a rally. On the other hand, ratios above 70 are considered bearish.<\/p>\n LIMITED OFFER for CryptoPotato readers at Bybit: Use this link<\/a> to register and open a $500 FREE position on any coin!<\/b><\/p>\n<\/div>\n<\/div>\n\n
You may also like:<\/h3>\n
\n
The Bullish Scenario<\/h2>\n
<\/a>
<\/a>
\nBinance Free $600 (CryptoPotato Exclusive): Use this link<\/a> to register a new account and receive $600 exclusive welcome offer on Binance<\/b> (full details<\/a>).<\/p>\n