Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesStocksEarnInstitutionAI & More
XRP Hits $1 Price as Analysts Prepare for Prices Below This Target, $0.94 Average Buy Zone

XRP Hits $1 Price as Analysts Prepare for Prices Below This Target, $0.94 Average Buy Zone

CryptonewslandCryptonewsland2026/08/13 19:51
By:Cryptonewsland
  • Altcoin XRP hits $1 price as analysts prepare for prices below this target.
  • Expert declares $0.94 as average buy zone.
  • The price of XRP is likely to bottom at the $0.87 price range.

The crypto community has been patiently awaiting for crypto prices to set their bottom price targets. Starting with Bitcoin (BTC), the bottom price targets changed from $40,000 to $54,000 expectations. Now, it seems that altcoins are also preparing for the final leg down. For instance, altcoin XRP hits $1 price as analysts prepare for prices below this target, $0.94 is declared to be the average buy zone for XRP.  

XRP Hits $1 Price as Analysts Prepare for Prices Below

Among the many bullish altcoins in the market, Ripple’s XRP remains to be one of the most anticipated, especially for the long-awaited altseason peak phase. Ever since the Ripple vs SEC case concluded in favor of XRP, the asset has been growing more and more bullish. This paired with the fact that the price of XRP had missed the previous two bull cycle, expectations for an explosive surge was high. 

However, following the legal victory, the price of XRP only surged twice. While both were significant surges, the price of XRP failed to reclaim its previous ATH target in the $3 price range set over 8 years ago. Instead, the price began to fall and now has finally hit the $1 price range, leading experts to believe that XRP is simply making its final dip to set a bottom before entering the new bull market cycle.

Analyst Sets as $0.94 as Average XRP Buy Zone

Since many altcoins failed to set new ATH prices in the last cycle, some believe this new cycle will be when the spotlight will fall on altcoins. Already, the total altcoin price chart has built multi-year bullish patterns, signaling significant altcoins surges in the near future. So much so that some experts believe that ETH could very well outperform BTC in the coming bull cycle. 

As we can see from the post above, the fact that XRP has hit the $1 price target is a huge indicator that the price could slip below it. The expert highlights how XRP has printed a 2-year low below $1, while the supply on exchanges has hit a 7-year low. Holders are refusing to sell, and the structure is converging toward a major reversal, identical to the setup seen in 2017. New pump targets for XRP are set around $1.4, $1.9, $3.4, and $5.

Another XRP enthusiast and crypto price analyst makes a bold statement as seen in the post above. In short, she says she will be buying XRP when it hits the $0.94 price range even though she expects the price of XRP to fall as low as the $0.87 price range to set its bottom. She says this will ensure that her entire order will be filled and that a potential relief could arrive before the final bottom is met.

0
0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!

You may also like

"Agent vs US Treasury" — Who Will Dominate the US Stock Market?

The wave of AI Agents and US Treasury yields are splitting the US stock market into two worlds: Meta's release of the Muse model boosted its market value by $220 billion in a single week, propelling the Nasdaq's standout performance; however, excluding AI stocks, the S&P 500 actually fell 1% this week, with the number of new lows on the New York Stock Exchange surpassing new highs for nine consecutive days, signaling the near end of "breadth trading." Goldman Sachs bluntly stated that this is a "frustrating cat-and-mouse game" between the stock market and interest rates—any breakout can be snuffed out by the bond market at any time, so equity holders must short US Treasury bonds to hedge simultaneously.

华尔街见闻•2026/09/26 02:31

Hopes for a ceasefire between the US and Iran encounter obstacles again! Trump rejects Iran's seven-day proposal; inflation pressure under $100 oil prices remains difficult to ease

Trump rejects a ceasefire with Iran, and it is expected that bombings will occur again after the midterm elections. The president doubts whether Tehran will meet his demands.

智通财经•2026/09/26 02:31