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.
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FAQs
How high can XRP go in the next recovery phase?
A confirmed break above $1.65 could push XRP toward previous swing highs, depending on Bitcoin strength and market momentum.
Can XRP recover after dropping below $1?
Yes, but only if buyers quickly reclaim $1. A fast rebound above that level may reduce downside pressure.
What signals would confirm an XRP trend reversal?
A strong close above $1.65 with rising volume would signal momentum shifting bullish and potential recovery continuation.
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