XRP price hovered at $1.35 on Sunday after failing to rally above the $1.40 resistance level, extending its recent consolidation phase. The Ripple dropped by 1.02% in the last 24 hours, which indicates the reserved mood in the overall cryptocurrency market. Is it a good time to buy the dip?.
The XRP continues to be pressured despite efforts to resume an upward trend where traders evaluate risks in the macroeconomy and the shrinking market flows.
The XRP price is now trading nearly 64% below its all-time high of $3.84, which was recorded on January 4, 2018, during the height of the previous bull cycle. The sharp decline from that historic peak has revived debate over whether the current pullback presents a strategic accumulation opportunity.
The total cryptocurrency market capitalization declined 1.19% to $2.3 trillion within 24 hours, signaling a wider risk-off tone among investors. Bitcoin price dropped 1.12% to $67,166, moving closely in line with the broader market downturn.
The increasing geopolitical tensions, especially in the United States and Iran, have rattled the financial markets and caused selling in risk-sensitive assets. Moreover, spot Bitcoin ETFs have registered over $348 million of outflows earlier this week, straining on short-term price stability.
XRP Price Could Slide Further if BTC Breaks $60,000, Expert Says
A crypto analyst has shared a cautious outlook on the XRP price after its sharp retreat. He said the token now trades 64% below its previous high. He outlined possible accumulation zones if broader market pressure persists in the months ahead.
$XRP Bear Market Plan (Detailed View)$XRP has fallen 64% from its high.
Potential Entry Zones Over the Coming Months:$0.85–$0.95 — If Bitcoin breaks below $60,000 and drags the entire market down, this is the next area where historical buyers have clustered. It would… pic.twitter.com/U9fzWRXFvO
— Solberg Invest (@SolbergInvest) March 8, 2026
He pointed to the $0.85 to $0.95 range as the first key support area. That level could emerge if Bitcoin price slips under $60,000 and drags sentiment lower. He added that a fall toward $0.56 to $0.66 would reflect full market capitulation and erase the cycle’s gains.
XRP Price Prediction: Key Levels to Monitor This Week
The latest XRP price traded $1.34 trades, near a critical support level, reflecting continued consolidation pressure across the broader range.
The MACD indicator is marginally below the zero line, affirming declining upside momentum, and indicates that buyers have no immediate power to make a breakout move.
The Chaikin Money Flow value of around -0.27 shows that there are still capital flows, which supports a short-term bearish bias.
As long as XRP price continues to stay above the support zone of $1.33, the first upside level of $1.40 might form. A strong four-hour close above $1.40 can lead to the resurgence of bullish activity to the $1.50 resistance level.
Nevertheless, the inability to guard $1.33 might hasten the losses to the range of $1.30, with the downside risk that extends and may approach the support zone of $1.25.
Source: https://coingape.com/markets/is-it-a-good-time-to-buy-xrp-as-price-falls-64-from-all-time-high/