XRP may decline toward the $0.90-$0.87 support zone after losing the critical $1.09 level, according to market analyst Diana. The cryptocurrency dropped beneath the 0.786 Fibonacci retracement, weakening its short-term market structure. Diana had outlined two possible paths: defending $1.09 would maintain bullish momentum, while a break below would trigger a deeper correction toward macro support between $0.90 and $0.87. The analysis reflects technical correction dynamics within cryptocurrency markets, where key support levels determine trend direction.
XRP Breaks Below $1.09 Support Level Toward $0.90 Zone
Diana stated the market chose the bearish path after XRP slipped below the $1.09 threshold. XRP's drop beneath the 0.786 Fibonacci retracement significantly weakened its short-term market structure, increasing the probability of a decline toward $0.90. If selling pressure persists, the next major support sits near $0.87 at the 0.854 Fibonacci retracement. Diana describes the $0.87-$0.90 range as the point of maximum fear, where panic selling often peaks before market sentiment reverses. At the time of writing, XRP is trading at $1.04 per CoinCodex data, placing it slightly above the projected support zone.
Analyst Projects Recovery Path Through $1.30 and $1.65 Levels
If buyers successfully defend the $0.87-$0.90 zone, Diana expects XRP to begin recovering with an initial move back above $1.30 followed by a breakout beyond $1.65. Reclaiming those levels would signal the correction is over and a new bullish trend has begun, according to the analyst. If XRP surges to the $1.65 zone, Diana expects the cryptocurrency to retest its previous all-time high of $3.65 before pushing into uncharted territory above $3.66, assuming broader market conditions remain supportive.
XRP Reached $3.65 in July After U.S. House Passed Crypto Legislation
XRP's rally to the historic high of $3.65 happened in July last year after the U.S. House of Representatives passed three landmark crypto bills, including the GENIUS Act and the CLARITY Act. The legislation boosted confidence in the regulatory outlook for digital assets and helped fuel one of XRP's strongest rallies in history.
Frequently Asked Questions
What price level is XRP projected to reach before recovering?
Market analyst Diana projects XRP may decline to the $0.90-$0.87 support zone after breaking below the critical $1.09 level and the 0.786 Fibonacci retracement. At the time of writing, XRP is trading at $1.04, slightly above the projected support range.
What recovery targets has the analyst identified for XRP?
Diana expects XRP to move back above $1.30 initially, followed by a breakout beyond $1.65 if buyers successfully defend the $0.87-$0.90 support zone. The analyst projects XRP could then retest its previous all-time high of $3.65 before pushing above $3.66, assuming broader market conditions remain supportive.
When did XRP reach its all-time high of $3.65?
XRP reached its historic high of $3.65 in July last year after the U.S. House of Representatives passed three landmark crypto bills, including the GENIUS Act and the CLARITY Act, which boosted confidence in the regulatory outlook for digital assets.