XRP is still grinding in the mid-$1 range, with the past 24 hours, for instance, spent trading between $1.38 and $1.46. Although XRP is trading with some stability compared to the crash last week, the outlook among crypto traders and analysts is divided.Â
Some traders are positioning for additional downside, while others are anticipating a rebound to higher price levels. A technical outlook shared on X added uncertainty to the discussion around where XRP could be headed next, with the analyst warning of a possible crash to $1.
It is no secret that a large section of the XRP community across social media believes the token is on the verge of entering double-digit territory. Expectations of a rapid move to $10 have become increasingly common in recent discussions on various social media platforms. However, an analysis, which was shared by crypto analyst Crypto Patel, pushes back against the optimism around a straight move to $10 in the next altseason.
Analyst Questions Whether $10 Comes Before A Drop To $1
Recent price action, most especially the crash in early February, has shown that the market-wide sentiment needed for XRP to trade at $10 might not actually be there yet. According to Crypto Patel, the path to $10 may not be as linear as many expect.
Related Reading: Next XRP Breakout Target At $15 Following This Measured Move; Analyst
The army is focused on a $10 target, but the price action could first put that conviction to the test through a deeper corrective phase. The important question raised by the analyst is whether XRP pushes straight toward double digits, or does it revisit $1 first?
Clues to that answer can be found on the monthly candlestick chart, which shows a higher probability of XRP revisiting the $1 area before any sustained push toward $10. XRP is currently trading about 60% below its July 2025 peak, and the chart highlights a broad resistance band above current prices and a clearly defined accumulation zone lower down.Â
The structure shows that although a repeat of the brutal 96% collapse seen from $3.28 to $0.105 back in 2018 is unlikely, a controlled retracement beneath $1 cannot be ruled out. A strong support is marked well below the $1 level, and the analyst suggested that the $0.70 to $0.50 region is the most attractive long-term accumulation area if the price were to unwind below $1.
Patience Over FOMO
Chasing price at local highs carries significant risk in the current setup. The best place to buy, according to the analyst, is between $0.70 and $0.50. The $1 level is also a reasonable entry point, though only for small position sizes. The most important thing, however, is patience and not falling into FOMO at the top.
At the time of writing, XRP is trading at $1.42. A decisive move higher, particularly a weekly close above the $1.50 level, would likely shift sentiment back toward a more bullish outlook.
