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$XRP is once again testing the patience of long-term holders after a dramatic market-wide sell-off pushed prices deep into the red.
As fear spreads, some veteran $XRP investors are signaling that this phase is familiar territory, one that has historically rewarded those willing to wait.
Analyst CryptoBull weighed in today after $XRP touched $1.11, sliding more than 20% in 24 hours. From its recent peak of $3.66, the token is now down roughly 70%. The move followed the global market downturn triggered by Bitcoin’s drop from nearly $79,700 to $60,000.
Despite the severity of the move, CryptoBull said the decline was part of a repeating cycle $XRP has gone through multiple times before.
Key Points
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$XRP slides 70% from $3.66 to $1.11 as market-wide sell-off shakes investor confidence.
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Veteran holders remain patient, seeing the dip as familiar terrain that rewards long-term investors.
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Analyst CryptoBull cites historical $XRP cycles, targeting $4 next and $10 in the longer term.
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Other investors quietly accumulate, with some placing million-dollar buy orders near $1.
“I Never Sold During Drops”
In a post on X, CryptoBull reflected on $XRP’s past crashes, noting that he has lived through multiple drawdowns that looked just as brutal at the time.
Since entering the market, $XRP has fallen from $0.25 to $0.11, $0.65 to $0.17, and $1.96 to $0.28. In each instance, he said he held through the decline.
While he did sell a portion of his holdings during the recent rally between $2.30 and $3.37, he now believes the market has returned to a waiting phase.
According to CryptoBull, the focus now shifts back to patience, with the next major objectives sitting well above current prices. He pointed to $4 as the first level that would confirm renewed strength. He also believes a longer-term move toward $10 is possible.
$XRP’s Historic Correction Deepens
Today’s drop places $XRP among the hardest-hit large-cap assets. The decline has extended losses to more than 30% over the past week, as forced liquidations and risk-off sentiment continue to dominate trading.
The sell-off comes amid extreme fear across crypto markets, with many traders debating whether $XRP could briefly dip below the psychologically important $1 level before stabilizing. While some expect further downside, others see the current zone as part of a larger accumulation range.
The Bigger Picture
CryptoBull’s patience is rooted in a longer-term technical thesis he has shared before. In earlier analysis, he argued that $XRP’s current market structure closely resembles past cycles, but with one key difference: time.
On higher timeframes, $XRP has spent years consolidating below major resistance levels. In previous bull markets, similar consolidation phases eventually gave way to sharp impulse moves that carried price multiples higher. This time, the accumulation period has been significantly longer, which some analysts believe could support a larger expansion once momentum returns.
Based on this framework, CryptoBull has previously outlined a $11 target as the next major impulse level.
Waiting While Others Accumulate
Notably, CryptoBull’s comments come as other seasoned investors quietly position around current levels. Earlier today, long-time investor Pumpius revealed a $1 million buy order for $XRP at $1
Others, including YouTuber Zach Rector, have also disclosed plans to buy $XRP under $1 should the opportunity present itself. Interestingly, even Ripple CEO Brad Garlinghouse has subtly urged market participants to buy $XRP’s price dip, as The Crypto Basic reported earlier.
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