XRP is currently at an interesting point. It is trading around $1.42, but many analysts are debating whether a serious crash is coming. The asset's market capitalization reaches $87.41 billion, making it one of the largest.

Pessimists point to technical signals. According to TradingShot, XRP has been moving within a descending channel since the price exceeded $3.65. If you look at the charts, the previous correction in February reached the target at the 200-day moving average. The next potential drop could bring the asset below $0.90 — this level is critical, as it is the June 2022 bottom. User WealthManager also warns that XRP looks "very dangerous" and a significant decline could be imminent.

But there is another scenario. Major players bought about 4.2 billion tokens worth approximately $5.7 billion after the October crash. This reduces the number of coins available for sale and, according to economic logic, should support the price. Additionally, net assets are constantly flowing out of centralized platforms into personal wallets — investors are moving XRP into self-custody, which also reduces selling pressure.

The RSI level has dropped to 30 on the weekly chart, signaling oversold conditions. Historically, this often precedes rebounds. So, the picture is mixed — one group of analysts expects a drop below the psychological mark of $1, while another sees potential for recovery. The market has not made a clear decision.