XRP’s price action in recent days has led to speculations among crypto traders over whether it could fall below the $2 support zone and how deep any pullback might go before a bottom is established.
Popular XRP analyst Zach Rector addressed this concern shared by many market participants during an interview on the Paul Barron Podcast as to how low XRP could realistically fall before buyers step in and whether a return to the $1 level is still possible under current conditions.
Zach Rector Says $1 XRP Is Virtually Impossible
Inflows into Spot XRP ETFs have been largely offset by selling pressure on centralized exchanges, keeping the cryptocurrency range-bound just above $2 even as long-term demand builds in the background. This range-bound trading has left the cryptocurrency at risk of losing $2 and breaking further downwards. The question now is whether this downward risk can cause the XRP price to return to $1.
Addressing the question from Paul Barron directly, Zach
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