NewsBTC
Feb 26, 2026
2 0

BEARISH 📉 : Analyst warns XRP may crash below $1 amidst sell strength

XRP Price Analysis:

  • Analyst CasiTrades indicates a bearish shift in XRP's price structure, suggesting possible further decline.
  • Key downside targets identified at $1.11 and $0.87, with resistance at $1.40.
  • Current levels are deemed a no-trade zone until lower supports or a reversal above $1.65 resistance occur.

XRP

  • XRP recently surpassed the $1.40 resistance; breaking above $1.65 could invalidate the bearish outlook.
  • CoinGlass reports a 33% surge in trading volume to $6.20 billion and a 6% increase in open interest to $2.39 billion.
  • The long/short ratio suggests a majority of traders currently favor long positions on XRP.

Bottom Not Confirmed:

  • Analyst TARA remains cautious, stating confirmation of the bottom requires a break above $1.88.
  • A critical resistance level is being tested at $1.47, with further confirmation needed for trend reversal.
  • XRP is trading around $1.44, up over 6% in the past 24 hours.