Technical Analyst: A Sub $1 $XRP Is on the Cards. Get Ready to Buy Lower

XRP is trading at $1.4155, and technical analyst AllInCrypto (@RealAllinCrypto) is watching it closely. His analysis points to a potential decline below $1, and he sees that level as a significant buying opportunity.

The chart he shared tells a clear story. XRP peaked above $2 in January after a brief climb, but has since declined. A rising trendline connects the lows from early February through April and into May. The asset is currently sitting just above that trendline support, near $1.41.

What the Chart Shows

The trendline has held through several tests. Each time XRP approached it, buyers stepped in. That pattern has kept the structure intact. The most recent candles show a rejection from the $1.55 area. The asset pulled back sharply and returned to trendline support. Volume picked up noticeably during the May spike, confirming the increased activity.

If the trendline breaks, the next area of significance sits below $1. AllInCrypto’s analysis suggests that the outcome is possible. His position is that the drop, if it comes, sets up a buying opportunity rather than a reason to exit.

The $19 Target Still Stands

AllInCrypto previously set a long-term price target above $19 for XRP. That target has not been met. When pressed on the timeline, he said it “will get there just not as fast as we’d have liked.” His confidence in the long-term direction remains intact. The near-term decline he anticipates does not change his overall trajectory.

What Comes Next?

Responses to the analysis varied. One commenter pointed out that XRP has failed to sustain meaningful gains in ten years, noting that price remains roughly 50% below its previous highs despite a high-inflation environment. Another suggested that $1 after over a decade in the market acts as a warning sign rather than an entry point.

However, not everyone was critical. One commenter expressed continued confidence, saying the strategy is to keep dollar-cost averaging until mass adoption arrives.

The trendline is the level to watch. A break below it puts the sub-$1 scenario in play. AllInCrypto’s analysis positions that a potential drop as part of a longer-term recovery, with the $19 target as the destination.

Disclaimer: This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses.

---

Follow us on X, Facebook, Telegram, and  Google News

The post Technical Analyst: A Sub $1 $XRP Is on the Cards. Get Ready to Buy Lower appeared first on Times Tabloid.