A leading market analyst has spotlighted a critical technical structure, outlining where XRP could find its next major support zone.
Although XRP recently climbed above $1.40, analysts continue to warn that the token and the broader crypto market remain under bearish pressure. Consequently, prominent analyst Ali Martinez has identified a key price region that could act as a cushion in the event of a deeper market pullback.
Key Points
- Despite XRP’s rally above $1.40, skeptics argue that broader bearish pressure still lingers across the market.
- Ali Martinez highlights a key support zone between $0.90 and $0.60 in case of a major pullback.
- XRP’s demand metrics have improved even as the token remains down 22% year to date.
- Binance’s XRP exchange supply ratio fell to a two-year low of 0.025, while Bitrue recorded a 212% surge in spot buying activity.
Martinez Identifies Crucial Support for XRP
In his latest technical outlook, Martinez shifts attention to XRP’s long-term price structure as volatility continues to shape market sentiment. Examining the monthly chart, he identified a broad triangular pattern that has been developing since 2020, with its rising lower boundary forming a potential long-term support trendline.
According to the chart, the upper boundary of this pattern sits near $3.30, a level that repeatedly capped XRP’s upside on a few occasions last year. Meanwhile, the support trendline projects potential support between $0.90 and $0.60, representing a zone that could attract new buying interest during any major corrective phase.
Notably, this trendline dates back to the 2022 bear-market bottom, when XRP stabilized before embarking on a gradual recovery that eventually lifted prices above $1 in late 2024. Since then, XRP has consistently traded above this boundary, further strengthening its technical significance.
Caution Still Imperative Despite Recent Surge
Martinez’s analysis comes shortly after XRP enjoyed a strong short-term rally, which pushed it above $1.40 earlier this week. However, despite the bullish momentum, Martinez’s outlook cautions that sharp rallies often invite periods of consolidation or corrective pullbacks.
Therefore, he emphasizes the importance of closely monitoring robust support zones, particularly the $0.90 to $0.60 region. Holding this range would help preserve XRP’s broader bullish structure, while a breakdown could expose the asset to heightened downside risks.
In the meantime, market reactions to the analysis remain mixed. While some traders hope XRP retests support to buy at lower prices, others note that the token still trades well above that zone.
XRP Demand Spikes on Exchanges
Although persistent bearish pressure has pushed XRP down 22.7% this year, the token’s demand metrics have gained momentum lately. Notably, its exchange supply ratio on Binance fell to 0.025, marking a two-year low and a sharp drop from 0.0302 in October 2025.
Reports indicate that users have withdrawn roughly 500 million XRP from Binance since the October 2025 crash. As more tokens leave Binance, reduced exchange supply could ease selling pressure and support price stability.
Meanwhile, Bitrue reported a 212% surge in XRP spot purchases, with buy orders exceeding sales by more than twofold. The exchange attributed the spike to sustained institutional accumulation following the launch of XRP ETFs.
Amid rising interest and tightening supply, investors believe XRP could be preparing for a major move, though the direction remains uncertain.
DisClamier: This content is informational and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not reflect The Crypto Basic opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.