XRP could present buying opportunity below $1, says analyst

XRP could present a strong buying opportunity below $1.05 as bullish momentum weakens. 

After XRP price fell below its support level around $2 in early 2026, it accelerated its 60% drop from all-time high (ATH). As such, trading expert Ali Martinez now believes XRP will fall below $1 soon. Martinez showed that XRP price may find a strong support level around $0.84, which represents a 42% drop from its current value, and consolidate before kickstarting its next bull rally, per this analyst.

XRP weekly chart. Source: alicharts

Martinez identified a multi-week support trendline, based on a logarithmic scale, where the price of XRP has rebounded after every retest in the past two crypto bull markets. As a result, XRP price could offer a better buying opportunity for long-term buyers after another capitulation in the near future.

“This trendline could offer a strong buying opportunity for XRP,” Martinez stated.

XRP price stagnates despite whales’ buying spree

Meanwhile, XRP whales have accumulated more than 220 million XRP, valued at over $331 million, in the past two weeks, but the value of the token has not gained more than 1% this week.

Currently, XRP is trading at $1.45, down 1% on the day and up 1.1% over the last seven days. The token’s reported 24-hour trading volume is $2.26 billion, down 27% on Friday, according to data from CoinMarketCap, a crypto data platform.

Source: https://finbold.com/xrp-could-present-buying-opportunity-below-1-says-analyst/