thecryptobasic.com
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$XRP may fall below $1 again after showing a bearish signal that previously led to a 30% price drop, according to crypto analyst ChartNerd.
In a post on X, ChartNerd said $XRP formed a daily 20/50 EMA death cross on October 19. This occurs when the 20-day exponential moving average (EMA) falls below the 50-day EMA, signaling weakening price momentum.
The analyst noted that $XRP has struggled to recover above both moving averages, raising concerns about another potential price decline.
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ChartNerd compared the current signal with a similar one observed between May and August, when $XRP fell from around $1.40 to below $1.00, marking a drop of roughly 30%. The price later rebounded to $1.70 in August and $1.60 in September following a 20% dip.
Now that $XRP has formed another death cross and remains below both moving averages, the analyst warns that the price could fall toward or even below $1 if history repeats itself. $XRP is currently trading at $1.30, down 15% over the past month.
$XRP’s next move depends on whether it can rise above its short-term moving averages. If it succeeds, the price could recover. However, if it continues to struggle, $XRP may fall further.
The previous 30% drop illustrates what happened the last time $XRP formed this bearish signal, but it does not guarantee that the same scenario will play out again.
Interestingly, $XRP has flashed a buy signal on its three-day chart, according to crypto analyst Ali Martinez, raising hopes of a potential price rebound.
In a post on X, Martinez said the TD Sequential indicator had signaled a possible buying opportunity for $XRP. The TD Sequential is a technical indicator that traders use to identify potential trend reversals. He noted that the last three similar signals were followed by price rebounds of 31%, 24%, and 18%, respectively.
However, $XRP’s next move depends on what happens around the $1.25 level. Martinez said that if $XRP stays above $1.25, it could recover toward $1.40.
$XRP FLASHES BUY SIGNAL
The TD Sequential has flashed a buy signal on the $XRP 3-day chart. The last three similar signals triggered rebounds of 31%, 24%, and 18%.
That makes the latest signal worth paying attention to. But everything depends on $1.25.
Hold it, and $XRP could… https://t.co/lbpEjlPaWJ pic.twitter.com/fxVx9zzqof
— Ali Charts (@alicharts) October 27, 2026
On the other hand, if $XRP falls below $1.25, its price could drop toward $0.98, Martinez warned. He added that the risk could increase if large $XRP holders, often called whales, continue selling to take profits.
Notably, $XRP dipped to $0.98 in August but surged 70% days later. However, that rally eventually lost momentum, and the price is now at $1.30, amid renewed fears of a fall below $1.
For now, traders will be watching to see whether $XRP can hold the $1.25 level, which was already tested over the weekend. The price has yet to fully recover from that test.
