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Analyst Ali Martinez has identified the sub-$1 level as a potential long-term buying opportunity for $XRP in the next rebound phase.
In a recent post on X, he highlighted a bullish market structure that points to much higher prices in the double digits.
Martinez said he is closely watching the $0.90 region for $XRP. He believes it could provide an attractive entry point for long-term holders if the asset falls to that level. Notably, this projection comes as $XRP prices have come close to losing the $1 mark for the first time in eight months.
Long-Term Chart Remains Bullish
Martinez shared a monthly $XRP chart showing a long-term ascending support trendline. The trendline has held since $XRP traded near $0.11. According to the analyst, $XRP remains within a bullish structure despite recent market weakness.
The chart highlights several potential upside targets:
- $3.32 — about 191% above the current price of $1.14
- $8.47 — about 643% above current levels
- $13.57 — about 1,091% above the current price
The analysis suggests that as long as the long-term support trendline holds, $XRP could remain on track for another major expansion phase.
Analyst Sees Three-Part Impulse Developing
Meanwhile, market analyst RWA_Investor believes $XRP may be in the early stages of a strong upward move.
The analyst shared an Elliott Wave-style chart and said he expects $XRP to form a three-part impulse structure. He described the anticipated move as “very impulsive.”
The chart shows a possible rally from the recent low near $1.08 toward resistance around $2.00. A pullback could follow before a larger advance toward the $2.70–$3.10 range.
$3.10 Could Be the Key Confirmation Level
According to RWA_Investor, the next major signal for $XRP will come at $3.10. The analyst believes a decisive break above that level would confirm that $XRP has already formed its macro bottom. It would also suggest that a new bullish cycle has begun.
However, if $XRP fails to reclaim that level, the current rebound could be nothing more than a corrective rally within a broader bearish structure.
In that scenario, $XRP could revisit the $0.75–$1.00 range. The analyst says such a move would complete Macro Wave 2 before a more sustained uptrend begins.
Bulls and Bears Focus on Key Support
The two analyses offer different short-term outlooks. However, both emphasize the importance of key support levels.
Martinez sees a potential drop toward $0.90 as an attractive accumulation opportunity within a long-term bullish framework.
RWA_Investor, on the other hand, believes $XRP’s next major move depends on whether buyers can push the asset above the critical $3.10 resistance level.
At the moment, $XRP is still struggling to recover from last week’s dip. The token is now trading at $1.13 after a 1.18% gain over the past day.
While many analysts agree that a move below $1 remains possible, many also view such a dip as a potential launchpad for much higher prices during the next bull market cycle.