XRP could slide below the psychological $1 threshold and drop toward $0.85 as downside pressure intensifies, according to crypto analyst Tara.
The analyst outlined a short-term rebound scenario but warned that broader market weakness could trigger another leg lower, with deeper macro support near $0.87 remaining in play.
“This could bring XRP down to ~$1.30 as short-term support with another wave up expected as high as the .5 at $1.65 — now turned resistance,”
Tara wrote.
She added that if bitcoin falls toward projected support near $52,200, XRP could revisit its 0.786 Fibonacci level around $0.87, reinforcing the risk of a break below $1.
At the time of writing, XRP trades near $1.36, with technical levels showing prior retracements at roughly $1.53, $1.37 and $1.29 before macro support around $0.87.
“XRP is in the deepest correction of the entire market cycle. We already expected this,”
Tara said in a separate post addressing exchange price discrepancies.
Despite near-term volatility and the possibility of a sub-$1 move, the analyst maintained long-term upside targets of $7 to $9, framing any further decline as part of a broader macro wave structure rather than a structural breakdown.
At the time of reporting, XRP price was $1.35.