XRP Dips In The Short Run, But A Bigger Setup May Be Forming: Analyst

Investors who stay patient through the current pullback could be among the biggest winners when market sentiment eventually turns — at least according to one analyst who has been tracking XRP closely through this period of weakness.

A Floor That Holds

XRP is not expected to collapse below $1, based on the analyst’s reading of current market conditions. The token has been trading near the bottom of its recent range, weighed down by a broader crypto selloff that has pushed Bitcoin below key support levels and rattled confidence across the market.

The analyst, speaking in a video report, pointed to the $1.20 area as a likely floor before any meaningful recovery begins. That level, in his view, represents the kind of final washout that has historically preceded major rallies — a pattern he says is playing out again now.

Geopolitics Behind The Pressure

Much of the near-term risk, according to