Just noticed XRP is sitting at $1.44 right now, up about 1.5% today. One analyst I've been following, Zach Rector, thinks we might see a dip toward the $1 zone before any real recovery kicks in. He's calling it a double bottom pattern that could form around that psychological level.

Rector's been pretty vocal about rejecting the doom predictions of $0.50 or even lower. Instead, he sees a more realistic double bottom pattern setting up between $1.20 and $0.90, with $1 being the key area to watch. Interestingly, he mentioned that some of the long-time XRP holders he talks to privately are already positioning for this move—basically waiting for that $1 opportunity to stack again.

What caught my attention is that Rector himself is placing buy orders slightly above $1 rather than waiting for an exact bottom. He said it's the first time in years he's accumulating spot XRP at these levels, mainly to avoid missing the bounce if it reverses before actually hitting that psychological mark. Makes sense, honestly.

Looking at the bigger picture, Rector's projecting a $7 target for XRP down the line, comparing it to silver's historic breakout. He's thinking a 500–600% move from $1, which would put it in the $5–$10 range eventually. Right now XRP is still way down from its ATH, so if this double bottom pattern plays out and holds, we could be looking at a solid setup for the next leg up.