XRP Price Hits Lowest Level Since February: Is $10 Still Possible This Cycle?

XRP price has entered one of its weakest periods in months after falling below the important $1.30 support zone. Ripple price dropped to $1.26 earlier today before slightly recovering to around $1.28 at the time of writing. That marked the first time XRP traded this low since February, and the sudden decline has started raising questions about whether bullish hopes for 2026 are fading too quickly.

That decline becomes even more important after our earlier XRP price prediction today pointed out that the token needed to close above the $1.30 zone to keep short-term reversal hopes alive this week. Current price action now places XRP in a sensitive position where another rejection below resistance could increase pressure across the market.

Historical XRP price cycles show that these sharp pullbacks often create emotional reactions before major trend reversals begin. Another factor deserves attention here because some analysts still maintain a strong long term outlook despite the recent weakness.

XRP Price Chart / TradingView.com

XRP Price Drop Has Pushed Ripple Back Into Major Historical Support Zones

A look at the XRP chart shows Ripple price trading near levels that previously acted as strong accumulation areas during earlier market corrections. XRP spent months building support below $1 before eventually breaking into a much stronger rally phase earlier this year.

Current price weakness has now returned XRP close to those same psychological zones. That explains why some long-term analysts believe this period could become an important accumulation window instead of the end of the bullish cycle.

Crypto analyst Crypto Patel shared his latest XRP accumulation strategy after the recent decline. Patel explained that many investors have turned bearish after XRP dropped toward $1.28. His strategy focuses on gradually accumulating during periods of fear instead of chasing rallies after prices recover.

Patel identified $1 to $1.20 as his first XRP accumulation zone. That range has already been filled after the recent decline. His second major buy zone sits between $0.85 and $0.70, and another large accumulation area exists between $0.65 and $0.50 if market weakness continues further.

Analyst Maintains $10 XRP Price Prediction Despite Current Weakness

Crypto Patel still maintains long term XRP price targets of $3, $7, and eventually $10 despite current bearish sentiment. Those targets remain long term expectations and not short term forecasts.

That outlook may sound unrealistic to some investors after XRP dropped below $1.30. Historical crypto cycles often produce deep corrections before larger expansions begin. Ripple itself has experienced similar phases before major rallies during earlier market cycles.

@CryptoPatel / X

A move toward $10 would require massive growth from current levels. XRP would need stronger adoption, higher market participation, and broader confidence returning across the crypto market. Ripple’s legal clarity progress and institutional payment narrative could still play an important role if market conditions improve again later in the cycle.

Another factor that could influence XRP price comes from broader Bitcoin market direction. Crypto markets usually struggle when Bitcoin enters heavy correction phases. Stable recovery across the larger market could help XRP rebuild strength above key resistance levels again.

Read Also: Here’s Why Stellar (XLM) Price Is Pumping While Crypto Market Is Crashing

Short-term price action now matters more than ever for XRP. The $1.30 level has become an important resistance zone after the recent breakdown. Buyers may attempt to reclaim that area before the weekly close arrives.

Failure to recover above that zone could expose XRP to deeper support tests closer to Patel’s lower accumulation ranges. Recovery above resistance could help stabilize sentiment after several days of consistent downside pressure.

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Temitope Olatunji
Temitope Olatunji

Temitope is a seasoned writer with over four years of experience. He specializes in Web3 and FinTech topics and enjoys creating content in these areas. He holds both a bachelor's and master's degree in Linguistics. When not writing, he trades forex and plays video games.

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