XRP Crash to $0.60? Expert Warns of Critical Support Test Ahead

• XRP risks deeper correction toward major long term support
• Analyst highlights $0.90 to $0.60 critical zone
• Monthly triangle structure signals pivotal moment for XRP

XRP is facing renewed market pressure after a widely followed technical analyst cautioned that the asset could revisit significantly lower levels if current structural support fails to hold. Traders have shifted their focus toward long term trendlines after a recent rejection from a major resistance zone altered short term sentiment. According to Ali Charts on X, XRP could find support along the triangle’s hypotenuse between $0.90 and $0.60.

That warning follows a pronounced rejection near the long established $3.32 ceiling visible on the monthly chart, a level that previously marked a historical peak and recently acted as a firm barrier to further upside expansion. Although bullish momentum initially pushed price toward that resistance, sellers regained dominance and triggered a pullback that has since reshaped the near term outlook. Consequently, XRP has entered a broader corrective phase within a multi year compression structure that has been forming since the previous cycle high.

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Multi Year Triangle Tightens After $3.32 Rejection

The monthly chart illustrates a symmetrical triangle defined by a horizontal resistance band near $3.32 and a steadily rising support line that connects higher lows formed since 2020, creating a long term consolidation pattern that continues to narrow. At the same time, repeated failures to secure a decisive breakout above resistance have reinforced the strength of overhead supply, thereby increasing the relevance of the ascending trendline below.

According to Ali Charts, the lower boundary of this formation now projects into the $0.90 to $0.60 region, an area that also coincides with previous consolidation zones and historical reaction levels that once attracted strong buying interest. Significantly, this rising trendline has guided price structure for several years, meaning that any sustained breakdown below it would represent a material shift in long term positioning.

Moreover, the scale of this triangle adds weight to the current setup, as it spans nearly seven years of price compression and reflects a prolonged balance between buyers and sellers. Such extended consolidation phases often precede substantial directional moves once price eventually resolves beyond structural boundaries.

Daily Chart Reflects Cooling Momentum Beneath Key Levels

Short term indicators further highlight the current hesitation in momentum, as the daily TradingView chart shows XRP trading near $1.41 while remaining below near term resistance around $1.50. Bollinger Bands suggest contained volatility, with price hovering near the middle band rather than expanding toward the upper boundary.

Additionally, the 14 day RSI prints near 43, remaining below the neutral 50 threshold and signaling that bullish momentum has yet to regain control. Although the indicator has shown minor upward movement, it has not confirmed sustained strength that would suggest immediate recovery.

Taken together, the higher timeframe triangle structure and the softer daily momentum readings reinforce the expert’s warning, placing the $0.90 to $0.60 region at the center of the current technical narrative as traders evaluate whether XRP will stabilize above long term support or move closer to that projected range.

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