XRP could present a strong buying opportunity below $1.05 as its bullish momentum continues to weaken.
After dropping below its key support level around $2 earlier in 2026, XRP extended its decline sharply, signaling continued downside pressure. Against this backdrop, trading expert Ali Martinez suggests the token could see further losses in the near term.
According to Martinez, XRP may fall below $1, with a potential support level forming around $0.84. This would represent a further decline of about 42% from current levels, where the asset could stabilize before any broader recovery.
The analyst identified a multi-year ascending support trendline on a logarithmic scale, where XRP has historically rebounded on several retests across previous market cycles. As a result, XRP price could offer a better buying opportunity for long-term buyers after another capitulation in the near future.
“This trendline could offer a strong buying opportunity for XRP,” Martinez stated.
XRP price stalls despite whale accumulation
Despite the potential support levels highlighted by Martinez, XRP’s near-term momentum remains weak. On-chain data shows that whales have accumulated more than 220 million tokens, valued at over $331 million, in the past two weeks. However, this buying activity has yet to translate into meaningful price gains, with XRP rising less than 1% over the past week.
At the time of writing, XRP is trading at $1.45, down around 1% on the day and up approximately 1.1% over the last seven days. The token’s 24-hour trading volume stands at $2.26 billion, down 27%, according to data from CoinMarketCap.
