Is The XRP Bottom In? Traders Pin The Floor | XRP News

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Is The XRP Bottom In? Traders Pin The Floor | XRP News

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XRP is down 58% from its all-time high, and two common chart-focused accounts on X are framing the drawdown as a potential accumulation window somewhat than a trend break.

How Low Will XRP Price Go?

Crypto Patel (@CryptoPatel) informed followers on Feb. 4 that XRP/USD has “entered our first accumulation zone at $1.50–$1.30.” In his post, he urged staggered entries somewhat than attempting to time a single backside. “Start buying slowly at these levels, no rush, just steady accumulation,” he wrote, positioning the transfer as capital-preservation after what he described as an earlier call highlighting a “bottom accumulation zone.”

XRP price evaluation, 2-week chart | Source: X @CryptoPatel

On the risk facet, Patel tied his subsequent resolution level to the $1.30 stage, suggesting a deeper set of bids if that flooring breaks. “If XRP breaks below $1.30, place your entry bids between $0.90–$0.70,” he wrote. “But here’s the thing — if price hits that zone, it could be the best long-term accumulation opportunity for maximum profits.”

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He added that his “long-term target remains $10,” arguing that entry self-discipline issues more than headline targets: “Buying at $3 or $2? Not ideal in my view. If the target is $10, why not aim for entries at $1.50–$1 during hard dips for much bigger returns?”

Patel additionally leaned on his prior public call as proof of a repeatable framework. He stated he shared an XRP setup at $0.50 within the final bear market and that XRP later rallied to $3.66, which he characterised as “over 600% profit.”

XRP Bottom In March?

A separate post from Charting Guy framed the selloff much less as a new regime and more as a acquainted cycle construction. “XRP repeating 2021, bottom in march roughly around $1.20 imo,” he wrote, including: “maybe wick to $1 to scare the hoes. The bear market is almost over.” When requested straight by one other person—“Bear market ends in march?”—Charting Guy replied: “yep.”

In Charting Guy’s weekly XRP/USD chart, the roadmap is framed round a rising multi-year trendline and a Fibonacci ladder drawn throughout the transfer, with a number of of these Fib ranges clustering proper the place he expects a March low.

XRP 1-week chart | Source: X @ChartingGuy

On the retracement facet, the chart labels the important thing draw back bands at roughly 0.618 ($0.915) and 0.702 ($1.2149), with extra ranges beneath at 0.5 ($0.615) and 0.382 ($0.413). Charting Guy’s “bottom in March roughly around $1.20” strains up virtually straight with the 0.702 Fib (~$1.215), whereas his “maybe wick to $1” remark factors towards a deeper flush into the space between $1.00 and the 0.618 Fib (~$0.915).

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What makes that zone more than simply a horizontal stage on his format is the trendline confluence. The inexperienced, rising trendline he’s drawn from the 2020–2022 base is proven catching price into early March (his vertical marker sits round Mon 02 Mar ’26), with the trendline successfully rising into the identical $1.00–$1.20 neighborhood.

In different phrases, his implied “March bottom” isn’t simply a date call, it’s a confluence call: trendline assist rising into the 0.702 retracement space, with room for a volatility wick nearer to the 0.618 if the market tries to pressure capitulation.

Above spot, the chart additionally reveals the upside Fib extensions he’s utilizing as reference factors: 0.786 ($1.612), 0.888 ($2.274), and the prior swing reference round 1.0 ($3.317), with larger extensions marked at 1.236 ($7.349), 1.272 ($8.297), 1.414 ($13.389), and 1.618 ($26.630).

At press time, XRP traded at $1.3888.

XRP may unfastened the 200-week EMA, 1-week chart | Source: XRPUSDT on TradingView.com

Featured image created with DALL.E, chart from TradingView.com


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CWP (Crypto Work Pro)
CWP (Crypto Work Pro)https://www.cryptoworkpro.net
Hi, I’m a passionate cryptocurrency enthusiast with 10 years of experience in the world of digital currencies. I’ve always been fascinated by blockchain technology and the potential of decentralized finance (DeFi) to reshape the financial landscape. I share insights, tips, and strategies to help others navigate the fast-paced world of crypto.

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