An analyst with 360Trader forecasts that XRP could dip toward the $1.00 level in the near term, citing a liquidity zone beneath the token’s current trading range.
In a recent post, the analyst described a move toward $1 as a buying opportunity and indicated plans to accumulate additional tokens if the price reaches that level. “I will back the truck up” around $1.00, he wrote.
His latest warning builds on prior analysis that identified a fair value gap (FVG) below XRP’s price and highlighted $1.28 as a key level after the token lost its 50‑day moving average.
XRP Chart Points to $1.00 Liquidity Zone
The daily chart displays a broad blue‑shaded fair value gap extending roughly from $1.00 to $1.25. This area is where 360Trader expects price action to concentrate as XRP weakens.
The analyst’s most recent update pinpoints $1.248 as the trigger level that could unlock a move toward $1.00. A break below this threshold would expose XRP to the lower end of the highlighted zone, prompting the analyst to increase his position.
Another FVG sits around $1.40–$1.48, above the present price. Reclaiming this region is seen as essential for improving the short‑term technical outlook.
Volume profile data on the right side of the chart shows concentrated trading activity between $1.35 and $1.55, marking a key resistance area for any recovery attempt.
Can XRP Price Avoid a Drop Below $1.25?
With XRP currently trading at $1.28, maintaining support above $1.248 is crucial for its next directional move. According to 360Trader, a breakdown below this level would bring $1.00 into focus as the next downside target.
The analyst previously warned that XRP was trading near its 200‑day moving average around $1.28 after losing its 50‑day moving average. He highlighted a liquidity level beneath the current price, suggesting further downside risk as the market seeks liquidity.
On the upside, a recovery through the $1.35–$1.55 region identified by the volume profile would aid XRP in regaining lost ground and easing immediate selling pressure.
Community sentiment is increasingly aligned with the view that XRP may experience additional declines before its next major rally.
More Downside Before a Major Rally
Vandell Aljarrah, co‑founder of Black Swan Capitalist, noted in a post on X that XRP could achieve significantly higher valuations over the long term as rising global liquidity fuels demand for risk assets. However, he cautioned that XRP could face further declines before its next major rally.
The weekly chart shows XRP trading below both its 50‑week and 200‑week exponential moving averages (EMAs), at $1.56 and $1.37 respectively, heightening the risk of additional dips.
Aljarrah expects the next phase of the global debt cycle to trigger a substantial expansion in liquidity that would support a crypto rally. He also pointed to XRP’s consolidation prior to its 2017‑2018 surge, arguing that extended sideways trading can precede major price gains.
In summary, XRP remains in a corrective phase, with the possibility of further downside before any sustained recovery. While Aljarrah retains a bullish long‑term outlook, a new uptrend has yet to be confirmed.
