A well-known analyst has suggested that $XRP dropping to deeper lows remains possible but insisted that this would present the “opportunity of a lifetime.”
$XRP’s bearish run has spilled into March 2026, after the token’s price closed February with a 16.35% drop, representing its largest monthly loss in a year and its fifth consecutive monthly red candle. The last time $XRP saw five consecutive monthly losses was in early 2017.
However, despite the declines, market data suggests that a steeper drop to lower levels remains possible. Nonetheless, analysts believe any drop to such a region, marked the “death zone,” would present the opportunity of a lifetime for investors, as the bullish path points to an ultimate target of $27.
Key Points
- $XRP’s 16.35% drop in February meant the token had recorded its largest monthly decline in a year and fifth consecutive monthly loss since October 2025.
- $XRP has now collapsed 26.76% this year, already outpacing the 11.54% loss from 2025.
- Despite the downturn that has ravaged the market over the past five months, data shows $XRP may still witness deeper losses.
- Chart data indicates that a crash to the “Death Zone” between $0.64 and $0.77 remains a possibility.
- Analysts insist that such a crash would present the opportunity of a lifetime for investors, as bullish targets still point to $27.
Steeper $XRP Declines Still Possible
Notably, EGRAG Crypto is specifically championing this narrative, as he maintains his bullish stance on $XRP despite the market crash. In his recent analysis, the market watcher set an ultimate $XRP price target of $27. However, he suggested that $XRP could follow one of two paths from the current position to this price.
While the first blue path involves steeper declines to find solid support before an eventual surge to $27, this direction would only involve a slight dip to the “Death Zone,” a support area identified on the monthly chart that ranges from $0.64 to $0.77. This blue path represents the fastest means to $27.
Meanwhile, EGRAG also identified a second yellow path, which would lead to much greater declines for $XRP, potentially pushing it deeper into the lower ends of the Death Zone. From the current price of $1.35, $XRP would have to drop by another 53% to reach the lower range of the Death Zone at $0.64.
“Opportunity of a Lifetime”
Interestingly, EGRAG insisted that a drop to this lower range would represent the “opportunity of a lifetime” for investors.
Notably, this comes from his belief that $XRP’s drop to this level would only mark a temporary setback, presenting an accumulation opportunity. For context, at a price of $0.64, investors could procure 7,812 $XRP with $5,000. The same amount would have amassed just 2,336 tokens a year ago.
EGRAG maintains a conviction that $XRP would soar toward a level he calls the “Face-Melting Phase” once it recovers from the Death Zone. “No pain, no gain,” he remarked, stressing that this face-melting phase would not reward investors who invest comfortably but those who have endured the pains of an $XRP decline.
The $XRP Journey to $27
Meanwhile, EGRAG’s chart highlights several areas $XRP must first overcome before it can hit $27, especially after recovering from the Death Zone. Specifically, above the Death Zone is the “Psychology Support Zone” ranging from $1 to $1.34. $XRP is currently testing this area, and a close below it could flip it into resistance on the path to $27.
Once this area gives way, $XRP could rise to the “Psychology Resistant Zone” between $2.7 and $5. Entering this area could take $XRP to a new all-time high before reaching $27. Above this zone lie three targets at $9, $13, and $17. After reaching these price regions, $XRP could then push to the ultimate $27 target. From the current price, $XRP would have to rise 1,900% to hit $27.
thecryptobasic.com