XRP bearishness has extended into February, with the asset breaching key support levels and analysts now projecting a possible further drop toward the $1 zone.
In this context, market analyst Ali Martinez has outlined a clear technical framework suggesting the token could slide further if current conditions persist.
In an X post on February 1, the analyst based his outlook on XRP’s weekly charts, which show the token locked in a prolonged downtrend after failing to sustain momentum above the $3.40 region earlier in the cycle.
XRP price analysis chart. Source: Ali Martinez
That rejection marked a major macro top, followed by a steady sequence of lower highs and lower lows. Price action has since deteriorated, with XRP recently slipping below the $2.52 mid-range level that previously acted as a consolidation zone, confirming a broader loss of bullish structure.
According to Martinez’s assessment, resistance is firmly established at $1.86, a level that aligns with prior w
We współpracy z: https://finbold.com/expert-sets-xrps-path-to-1-crash/
