Reputed Analyst Says XRP Price Action Still Weak, Expects Significant Move Down

• Reputed analyst says XRP price action still weak.

• The expect expects a significant move down for XRP soon.

• The price of XRP could dip to below $1 before a massive rally to ATH targets.

The crypto community continues to wait for the highly anticipated altseason, even after facing the most stoic bear signals across the market. While long-term analytics point to bullish surges in the future, the timeline is still unclear, meaning accumulation phases are aplenty. Presently, some experts believe a full market dip will occur before a surge. One reputed analyst says XRP price action still weak, expects significant move down for the altcoin.

Reputed Analyst Says XRP Price Action Still Weak

According to several altcoin experts and XRP enthusiasts in the space, the price outlook for XRP remains under pressure as technical indicators continue to point toward further downside, with analysts warning that a sharper decline could be approaching. Recent market behavior suggests that bullish momentum is fading, with every attempted rebound failing to gain traction.

🚨XRP Price Action Still Weak! Move Down Getting Closer!! 🚨

I’m still expecting us to come down and reach lower supports… It’s just taking its time getting there, SO frustrating!!

What’s standing out right now is how weak every bounce has been. All of these relief moves are… pic.twitter.com/ks0RwB3aIK

— CasiTrades 🔥 (@CasiTrades) March 30, 2026

As we can see from the post above, this expert notes that relief rallies have consistently stalled near the 0.382 Fibonacci retracement level, a signal widely interpreted as ongoing seller dominance. This pattern indicates that market participants are using short-term price strength as an opportunity to exit positions rather than accumulate. In the short term, XRP is attempting to stabilize around the $1.31 level.

However, analysts caution that this zone is acting less as support and more as a potential resistance point, limiting upward movement. The inability to break above this level convincingly has reinforced bearish sentiment, increasing the likelihood of a continuation lower. What’s more concerning is the fact that selling momentum has begun to accelerate in recent trading sessions.

Expect a Significant Move Down for the Altcoin

The expert then highlights a pickup in downward pressure within a compressed timeframe, suggesting that the current slow drift could transition into a more aggressive sell-off. Thus, if the $1.31 level fails to hold, price action could quickly deteriorate. Additionally, current targets place this phase near $1.09, with possible intraday extensions toward $1.06. Such levels would represent a significant drop from recent highs and could test investor confidence.

Following this anticipated decline, the analyst expects a temporary recovery phase, or ‘Wave 4’, which could see prices rebound into the $1.22 to $1.31 range. However, this bounce is likely to be corrective rather than trend-changing, meaning any upside could be limited before the broader downtrend resumes. Looking further ahead, the larger macro structure suggests a potential move toward the $0.87 level, identified as a key support zone.

A drop to this range would mark a deeper correction and could serve as a critical test for long-term holders. Despite the ongoing weakness, analysts emphasize that the broader outlook has not fundamentally changed. Instead, the current price action appears to be gradually aligning with previously established bearish scenarios.