Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesStocksEarnInstitutionAI & More
Analyst: Expect a Huge Drop to This Level If XRP Loses $1 Support

Analyst: Expect a Huge Drop to This Level If XRP Loses $1 Support

TimesTabloidTimesTabloid2026/06/29 10:03
By:TimesTabloid

XRP has regained some stability after briefly falling to the closely watched $1.00 level, prompting crypto analyst Diana to outline the key price levels that could determine the asset’s next move.

While the recent decline had raised expectations of a deeper correction, the analyst believes buyers have temporarily prevented that scenario by stepping in at an important psychological support zone.

In a post on X, Diana pointed to XRP’s reaction around the $1.00 mark as a significant development for the short-term outlook. According to the analyst, XRP tested the level before attracting buying pressure, sending its price back above $1.05.

The accompanying chart illustrates this view, showing XRP rebounding after approaching the $1.00 area rather than continuing toward a previously anticipated support range between $0.90 and $0.87. The chart also identifies several resistance levels that could determine whether the recovery continues.

🚨 XRP BOUNCES OFF THE CRITICAL $1.00 PSYCHOLOGICAL LEVEL — $0.87 PUT ON HOLD? 🤯🔥$XRP just defended one of the market’s MOST IMPORTANT psychological levels after briefly TOUCHING $1.00. 👀

Instead of continuing LOWER toward the projected $0.90–$0.87 support zone, buyers… https://t.co/MulIjzuKKr pic.twitter.com/ifAAJVeSH4

— Diana (@InvestWithD) June 27, 2026

Key Resistance Levels Become the Focus

Diana explained that XRP’s defense of the $1.00 level has, for now, delayed the possibility of a move toward the $0.90–$0.87 support zone.

The analyst stated that buyers must now reclaim several price levels to strengthen the bullish case. According to the post, the first resistance sits around $1.06, followed by $1.09 and then $1.18. Successfully moving above these areas would signal that bulls are regaining control after the recent period of weakness.

The chart attached to the post reflects this outlook by highlighting resistance zones above the current price while also presenting an alternative bearish path if buying momentum fades.

A projected upward trajectory suggests a potential advance toward the $1.30 region and beyond if resistance levels are cleared, as another projected path indicates that failure to hold support could send XRP back toward the $0.90–$0.87 range.

Diana emphasized that losing the $1.00 level again would shift attention back to that lower support zone.

Community Responds With Different Market Expectations

The post attracted a range of reactions from members of the XRP community, with some focusing on technical factors while others pointed to broader market developments.

One commenter, Dan, suggested that it was still too early to draw firm conclusions about XRP’s direction. He said the outcome would largely depend on the CLARITY Act, indicating that regulatory developments could play a significant role in determining the asset’s next move.

We are on X, follow us to connect with us :- @TimesTabloid1

— TimesTabloid (@TimesTabloid1) June 15, 2025

Another user, SherwinLining, expressed a different perspective, saying he would welcome a deeper decline to as low as $0.10 or even $0.50.

Although acknowledging that such a view may not be popular, he argued that a substantial drop would provide a larger accumulation opportunity before a potential recovery toward a new all-time high. According to the commenter, such a scenario could significantly benefit long-term holders.

For now, Diana’s analysis places the spotlight on the $1.00 psychological level. As long as XRP remains above that threshold, attention will remain on whether buyers can reclaim the resistance levels at $1.06, $1.09, and $1.18. However, another break below $1.00 could revive expectations for a decline toward the $0.90–$0.87 support region outlined in the analyst’s chart.

0
0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!

You may also like

How does Wall Street view the PCE? Goldman Sachs delays expectation for Fed rate hike

After the lower-than-expected US August PCE data was released, Goldman Sachs delayed its expectation for the Federal Reserve's second rate hike from October to December, and stated that it does not rule out the possibility that the Fed may eventually decide no further hikes are necessary. "New Fed Newsletter" Timiraos noted that the PCE does not change the previously known trend of rising inflation. Currently, the market prices in a 39% probability of a rate hike in October, down from 45% before the PCE release; and a 90% probability in December. The yield on 2-year US Treasury notes dipped slightly after the PCE announcement and then rebounded, while the 10-year yield continued to rise.

华尔街见闻•2026/09/30 20:26

SUI Tests Channel Support After Sharp Rally

Cryptonewsland•2026/09/30 19:42
SUI Tests Channel Support After Sharp Rally