An interesting situation is developing around XRP in recent days. The token is trading around $1.38, but analysts are sharing quite conflicting views on where it will go next.

On one hand, major players are actively accumulating XRP — they have bought nearly 4.2 billion tokens worth about $5.7 billion since October. The net assets moving from centralized platforms to self-custody are also increasing, meaning fewer coins are available for sale on the market. The RSI has dropped to 30 on the weekly chart — a classic oversold condition that often precedes rebounds. Whales are clearly seeing something in this asset at current levels.

But here’s the interesting part — some traders, including TradingShot, point to serious risks. They see XRP has been moving within a descending channel since July 2025, when the price fell from a high of over $3.65. The next downward target could be around the $0.90 level — the bottom of the 2022 bear cycle. WealthManager also warns that the cryptocurrency looks “very dangerous” right now.

The XRP market capitalization margin is about $85 billion, and it remains the fourth-largest asset. But if the market turns around — everything could change quickly. The net assets held by whales could either support the price or cause a sudden crash if sentiment shifts. Keep an eye on this level of $1.39 — if we fall below, things will get interesting.