Analyst: XRP's 60% Drop May Signal Accumulation Zones at $1.50–$1.30 (Backstop $0.90–$0.70)
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Analyst: XRP's 60% Drop May Signal Accumulation Zones at $1.50–$1.30 (Backstop $0.90–$0.70)



Headline: Analyst Says XRP May Be Entering “Accumulation” Zones as Price Drops Over 60% From July High

XRP’s recent pullback has shifted focus from short-term noise back to the bigger chart picture. The token is now more than 60% below its July all-time high, and momentum suggests there could be further downside before a sustained recovery.

Technical case for accumulation
On the 2‑week candlestick chart, analyst Crypto Patel — posting on X — frames the current decline as an entry into a structured accumulation range rather than a panic sell-off. By his calculations, XRP has corrected roughly 58% from its recent peak and now sits inside a first accumulation band between $1.50 and $1.30.

Patel’s recommendation is tactical: this zone isn’t about pinpointing a perfect bottom but about gradually building exposure as price stabilizes. If XRP breaks below $1.30, he identifies a secondary accumulation zone between $0.90 and $0.70 — not a bearish invalidation, but what he calls the optimal long-term buying opportunity for maximum returns.

Long-term thesis unchanged, target still $10
Despite the nearer-term caution, Patel and other analysts haven’t abandoned long-term upside targets. Patel reiterated a $10 long-term target, while cautioning that entries at $3 or $2 are suboptimal compared with dips into the $1.50–$1 or lower bands. He pointed to his prior cycle call — spotting XRP near $0.50 during the last bear market — which preceded a move to $3.66 (over 600% gains) as supporting evidence for this approach.

Price action snapshot
In the past 24 hours XRP fell from an intraday high of $1.44 to a low of $1.14 and was trading around $1.30 at the time of reporting — roughly 670% below the $10 target. The swing highlights continued volatility and the importance of risk management for traders and investors considering accumulation.

Bottom line
The technical view presented treats the current pullback as a potential staged buying opportunity rather than a final capitulation. That said, a decisive break beneath $1.30 would shift the focus to lower accumulation levels. Traders should weigh position sizing and timeframe against the high volatility that still characterizes XRP.

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