Could XRP's Painful Drop to $0.90 Be the Launchpad to Reclaim the ATH of $3.65?

Analyst predicts XRP could slide to $0.90 before surging back to its $3.65 record high.

Source: Shutterstock
Source: Shutterstock

XRP Could Be Headed for $0.90 Before the Next Bull Run, Analyst Notes

XRP may have some slightly more room to fall before its next major breakout, according to market analyst Diana, who says the cryptocurrency is now playing out the bearish scenario she projected after losing the critical $1.09 support level.

Diana had outlined two possible paths for XRP. A successful defense of $1.09 would have kept the bullish trend intact, but a decisive break below that level would likely trigger a deeper correction toward the macro support zone between $0.90 and $0.87.

"The market has now chosen," she said after XRP slipped below the key threshold.

According to the analyst, XRP's drop beneath the 0.786 Fibonacci retracement has significantly weakened its short-term market structure, increasing the probability of a decline toward $0.90. If selling pressure persists, the next major support sits near $0.87 at the 0.854 Fibonacci retracement.

While the near-term outlook remains bearish, Diana believes the correction could become the launchpad for XRP's next major rally. She describes the $0.87-$0.90 range as the point of maximum fear, where panic selling often peaks before market sentiment reverses.

If buyers successfully defend this zone, she expects XRP to begin recovering, with an initial move back above $1.30 followed by a breakout beyond $1.65. Reclaiming those levels, she argues, would signal that the correction is over and a new bullish trend has begun.

Is XRP Facing the Final Shakeout Before Potential Rally to a New All-Time High?

If XRP is able to surge to the $1.65 zone, Diana expects the top altcoin to retest its previous all-time high of $3.65 before pushing into uncharted territory above $3.66, assuming broader market conditions remain supportive.

More notably,  XRP's explosive rally to the historic high of $3.65 happened in July last year after the U.S. House of Representatives passed three landmark crypto bills, including the GENIUS Act and the CLARITY Act. The legislation boosted confidence in the regulatory outlook for digital assets and helped fuel one of XRP's strongest rallies in history.

At the time of writing, XRP is trading at $1.04 per CoinCodex data, placing it only slightly above Diana's projected support zone. 

Source: CoinCodex
Source: CoinCodex

Is there light at the end of the tunnel? Well, bulls will have to defend the $0.87-$0.90 range since this will determine whether the current pullback marks the final shakeout before XRP resumes its climb toward $1.65 and eventually new record highs above $3.66.