Analyst: Where Do You Buy XRP? At $0.70, $0.32, or $0.15? XRP Army Responds

XRP may be approaching a level that has played a major role in some of its biggest rallies. Crypto analyst Ali Martinez (@ali_charts) recently shared a weekly XRP chart and posed a question to investors: “Where do you buy $XRP? At $0.70, $0.32, or $0.15?”

The chart focuses on a rising trendline that has supported XRP’s price action for years. Each time XRP reached that line in previous market cycles, a strong upward move followed. Martinez’s post has renewed attention on these levels. He asked market participants where they plan to increase their positions.

XRP Army Reacts

XRP traded at $1.10 at the time of Martinez’s post, and market participants had varying reactions to all his targets, which sit well below $1. One commenter agreed that XRP will go below $1, and called it a great buying opportunity. However, he predicted that the asset would not stay down for long, giving investors a limited window to acquire tokens.

One commenter revealed that he already bought XRP at $1.07, and another added that any price below $1 is a good deal. The last time XRP traded below $1 was November 2024, just before the 500% rally that pushed it above $3.

With the asset now sitting around that level, many investors are eager to accumulate tokens. Another community member stated that if XRP is going to fall, it should fall to the lowest target of $0.15. This would give investors looking to buy the dip a golden opportunity, as XRP has not traded that low in over six years.

Will XRP Drop Below $1?

Not everyone was optimistic about XRP falling below $1. One commenter complained about the recent trend of analysts predicting a decline for the digital asset, as many experts have pointed to short-term targets below $1. He questioned their desire to see XRP hit rock bottom, noting that “When markets collapse, life will be very expensive.”

Another commenter called Martinez’s targets interesting, but pointed out that XRP was on the rise, climbing 1.24% in the hour before his post. He noted that buyers are also showing more interest in the asset.

One market participant set the target at $0.67, another went much lower, predicting $0.20. Many experts suggest that XRP will continue its downward trajectory, but their targets don’t extend that low. Investors looking to buy the dip may settle for Martinez’s first target of $0.70.

Disclaimer: This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses.

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