XRP price prediction: An analyst expects XRP could fall to $0.80–$0.91 before a potential breakout toward $1.62. Check key XRP levels.
XRP Price Prediction: XRP may face additional selling pressure before a possible trend reversal. According to technical analysis from Mango Research, the cryptocurrency could revisit the $0.80–$0.91 range before attempting a stronger recovery toward $1.62.
The analysis is based on XRP’s long-term price structure, momentum indicators and a falling trend channel that has been developing since last year.
XRP Could Drop to $0.80–$0.91
Mango Research’s analysis suggests that XRP remains under short-term bearish pressure. Instead of expecting an immediate recovery, the analyst believes the token could first move lower toward the $0.91 level, with a deeper decline toward $0.80 also possible.
This range is important because it is close to the lower boundary of XRP’s long-term descending channel. If buyers step in around this area, it could potentially become an accumulation zone.
However, the analyst emphasized that a bullish reversal would require confirmation from price action rather than relying solely on technical indicators.
XRP Falling Channel Could Hold the Key
XRP has been trading inside a descending channel for an extended period. Such formations can sometimes precede a breakout, but the pattern itself does not guarantee a price increase.
For the bullish scenario to become stronger, XRP would need to break above the channel’s upper resistance and successfully maintain that level as support.
A confirmed breakout could significantly improve the technical outlook.
$1.62 Emerges as Potential XRP Breakout Target
If XRP manages to break above the descending channel, Mango Research’s measured-move analysis points toward a potential target near $1.62.
That target would represent a major move from the projected $0.80–$0.91 accumulation area. However, XRP would likely face multiple resistance levels along the way.
Therefore, traders may focus more on whether XRP can establish a sustained breakout rather than simply watching the $1.62 target.
Bearish Momentum Remains a Risk
Despite the longer-term breakout possibility, the short-term technical picture remains cautious.
The analysis highlighted bearish momentum across several indicators, suggesting that sellers could maintain control before any meaningful reversal occurs.
A two-day Mango Pulse indicator was also reportedly approaching, or had recently produced, a bearish crossover. Previous similar signals were followed by significant XRP declines, although historical patterns cannot guarantee the same outcome in the future.
Why the $0.80–$0.91 Zone Matters
The projected $0.80–$0.91 XRP price zone corresponds with the lower portion of the descending channel.
Technical indicators were also cited as supporting the possibility of a future reversal from lower levels. Stochastic readings were reportedly in oversold territory, while the Relative Strength Index (RSI) remained under bearish influence.
If XRP reaches this area and buying pressure increases, investors could begin watching for signs of a potential trend reversal.
Still, an oversold reading does not automatically mean that the price has reached its bottom.
What’s Next for XRP?
The XRP market currently presents two possible scenarios.
In the bearish scenario, XRP could continue declining toward $0.91 and potentially $0.80 before finding stronger buying interest.
In the bullish scenario, XRP could stabilize, break above the long-term descending channel and eventually target $1.62.
The most important confirmation would be a sustained breakout above channel resistance. Until that happens, the possibility of further downside remains.
XRP Price Prediction: Key Levels to Watch
- $0.80: Potential deeper support/accumulation area
- $0.91: Important near-term downside level
- $1.00: Psychological price level
- $1.62: Potential breakout target
- Descending channel resistance: Key confirmation area for a bullish reversal
The latest XRP price analysis suggests that the cryptocurrency may have more downside risk before a potential recovery. Mango Research identifies $0.80–$0.91 as an important zone to watch, while a confirmed breakout from the long-term falling channel could open the path toward $1.62.
