XRP could fall below the $1 level as downside pressure builds, according to a cryptocurrency analyst, who shared on social media platform X this week that deeper macro support near $0.87 remains in play amid the ongoing correction.

Crypto analyst Tara outlined a short-term rebound scenario before warning that broader market weakness could trigger another leg lower. She described $1.30 as potential interim support and $1.65 as resistance during a retrace before renewed downside risk emerges. In response to a question on X about a possible double bottom in the $1.20-$1.30 range, she replied: “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.” She further cautioned:

“A new low is still possible as far down as $.85.”

Linking XRP’s outlook to bitcoin’s projected move, she detailed that a decline in BTC to $52,200 support would likely push XRP down to its .786 Fibonacci support level near $0.87. At the time of writing, XRP is trading at $1.36, below the price level at which it was trading when the analyst issued the prediction.

Chart projecting XRP potentially falling below $1 shared by crypto analyst Tara on X on Feb. 7.

The chart she shared shows XRP previously reaching its .382 retracement near $1.53, with additional Fibonacci levels at roughly $1.37 (.236), about $1.29 (.618 retracement), and macro .786 support around $0.87, reinforcing the possibility of a break below the psychological $1 threshold.

In a separate post, Tara referenced fellow crypto analyst CasiTrades, who also publishes XRP technical analysis on X, while addressing differences in projected levels across exchanges. She posted on Feb. 9:

“ XRP is in the deepest correction of the entire market cycle. We already expected this.”

“But you keep grouping Casi’s targets with mine. Her levels are on Coinbase. She has the $1.55 level but Binance is $1.47. $1.11 on Coinbase is = $.87 on Binance… huge price discrepancies,” Tara noted.

Despite near-term volatility, she reaffirmed, “It does not change XRP targets. Still targeting $7 and $9. BTCs wave will help XRP reach its full potential during that wave.” Her analysis frames any potential drop under $1 as part of a broader macro wave structure rather than a shift in long-term expectations.

• Could XRP fall below $1 during the current correction?
  Yes, according to analyst Tara, XRP could drop toward $0.85–$0.87 if broader market weakness persists, putting the psychological $1 level at risk amid a deeper macro correction.
• What key support and resistance levels should investors watch for XRP?
  Investors should monitor interim support near $1.30, resistance around $1.65, and critical macro support at approximately $0.87, based on Fibonacci retracement levels highlighted in the technical analysis.
• How is Bitcoin’s price action influencing XRP’s downside risk?
  Tara suggests that a potential bitcoin drop to $52,200 could push XRP toward its .786 Fibonacci support near $0.87, reinforcing the correlation between BTC movements and XRP’s short-term trajectory.
• Do short-term price discrepancies and corrections change XRP’s long-term targets?
  Despite exchange-level price differences and near-term volatility, the analyst maintains long-term bullish targets of $7 to $9 for XRP, viewing any sub-$1 move as part of a broader macro wave structure.

免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。