en

XRP Price Crash Ahead? Analysts Flag Potential Drop to $0.85

image
rubric logo Analytics
like moon buy 22
Story Highlights
  • $XRP trades near $1.38 as analysts warn a break below $1 could trigger a drop toward $0.85, with $1.30 support and $1.65 resistance key levels.

  • $XRP faces downside risk if it fails to clear $1.65. A fall under $1 may send price toward $0.90–$0.85, especially if Bitcoin weakens.

Sentiment around $XRP has turned cautious as the token struggles to hold important price levels during a wider crypto market slowdown. After trading comfortably above $1 earlier in the cycle, $XRP is now hovering near a critical support zone. Analysts warn that a clear break below $1 could lead to a deeper decline.

The $1 level is seen as a major psychological support. If $XRP falls below this mark and fails to recover quickly, selling pressure may increase and push the price lower.

Key $XRP Levels to Watch

Market analyst Tara believes $XRP may continue its pullback before finding strong support.

In the short term, she sees:

  • $1.30 as an important support level
  • $1.65 as a key resistance level

If $XRP fails to move above $1.65 and hold that level, the price could decline again. A drop below $1 may open the door for a fall toward the $0.85 to $0.87 range.

This area is considered a strong technical support zone based on previous price movements and historical retracement levels.

How Bitcoin Could Impact $XRP

$XRP often follows Bitcoin’s price trend. Tara noted that if Bitcoin falls toward the $52,200 support level, $XRP could face additional pressure.

During market downturns, altcoins like $XRP tend to drop faster than Bitcoin. If Bitcoin weakens further, $XRP may see sharper losses.

Bearish Scenario for $XRP

Another analyst, CasiTrades, described the recent price bounce as a temporary recovery within a larger correction.

According to her outlook:

  • If $XRP fails to hold above $1.65, the next downside target could be $1.09
  • In a stronger sell-off, the price could slide toward $0.90
  • In an extreme case, $XRP may test support near $0.85

A move toward $0.85 would mark one of the largest pullbacks of this cycle.

Current $XRP Price

As of now, $XRP is trading near $1.38, down more than 4% in the past 24 hours.

For now, $1.30 support and $1.65 resistance remain the key levels to watch. A move above resistance could support recovery, while a break below support may lead to another drop before a stronger rebound begins.