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<\/p>\n
\n\t\t\t\t\t\t\t\t\tIf that 8-year resistance falls, the token token could be heading toward double-digit price levels.\t\t\t\t\t\t\t\t<\/p>\n<\/p><\/div>\n
Ripple\u2019s cross-border token might not be out of the woods yet after the recent price crash, and there could be even more pain ahead with a potential drop to and below $0.90.<\/p>\n
However, Ali Martinez has joined EGRAG CRYPTO in believing that such a dip is necessary for a major run toward $3.00 and well beyond that.<\/p>\n
In his latest video on X dedicated to the cross-border altcoin, Martinez told his over 165,000 followers that the asset has rebounded swiftly for nearly a decade every time it touches the rising trend line, which has marked a \u201cmajor turning point.\u201d The cryptocurrency has followed a similar path within those years, rocketing back to $3.00 on a more macro scale.\u00a0The trend line is now the next key support level, located between $0.70 and $0.90.<\/p>\n
\n\u201cIf buyers defend this zone, a rally back to $3.00 becomes a realistic scenario,\u201d Martinez noted<\/a>.<\/p>\n<\/blockquote>\n
He was even more optimistic on XRP\u2019s future if it finally manages to break past that eight-year resistance that has halted each major breakout attempt. He set the next macro targets at somewhere between $8.00 and $13.00.<\/p>\n
Although these numbers appear far-fetched, to say the least, given the current market conditions and environment, with XRP dumping to a 19-month low days ago, it\u2019s worth noting that Martinez is not the only popular analyst to share such a view.<\/p>\n
EGRAG CRYPTO, another macro-focused market commentator, recently outlined<\/a> a similar path for XRP, which included a dip toward $0.90 and a subsequent long-term recovery toward $8.00 or even $13.00.<\/p>\n
Big Whales Still Leading<\/h2>\n
Switching back to more micro scales, CW focused on who has been active on the XRP spot trading scene. The analyst explained that \u201cbig whales\u201d are still leading, and have continued to maintain their dominance for roughly four years.<\/p>\n
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CW added that these large market players lead trading in accumulation phases and tend to stand clear when XRP\u2019s price expands. As such, they have been particularly active since last October, given what happened to the broader crypto market and Ripple\u2019s token.<\/p>\n
\nBig whales are still leading spot trading for $XRP<\/a>.<\/p>\n
They have maintained dominance since July 2022.<\/p>\n
The periods in which they led trading were accumulation phases. They did not make significant orders during the uptrend phases.<\/p>\n
And they have been leading spot trading very\u2026 pic.twitter.com\/4adSfYIlmQ<\/a><\/p>\n
\u2014 CW (@CW8900) June 9, 2026<\/a><\/p>\n<\/blockquote>\n
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