27 October 2025
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Analyst Warns XRP Price May Fall Below $1 Due to Bearish Signals
Crypto analyst Bobby A highlights potential challenges for XRP's price. Key points include:
- The monthly chart shows weak signs, suggesting a bearish trend might be forming.
- XRP is trading below the 1.618 Fibonacci level, indicating a rejection rather than a breakout.
- The current price action coincides with the monthly candle closing near the BMSB line, a concerning signal.
- The Bressert indicator crossing bearishly on the monthly chart has historically been unfavorable for XRP.
- Bobby A believes the mid-term trend may weaken further, and traders should focus on risk control.
- The possibility of XRP dropping below $1 to find support remains as sellers exert pressure.
Despite his concerns, Bobby A continues to support XRP's long-term prospects but acknowledges that current market conditions do not favor a significant bullish move.