On August 3, crypto analyst Ali Martinez posted on X that $1.06 is the make-or-break zone for XRP. “Hold it, and bulls can target $1.35 and $1.64. Lose it, and the path opens toward $0.80 and
On August 3, crypto analyst Ali Martinez posted on X that $1.06 is the make-or-break zone for XRP.
“Hold it, and bulls can target $1.35 and $1.64. Lose it, and the path opens toward $0.80 and potentially $0.62,” the analyst wrote.
XRP was trading near $1.06 to $1.07 in recent sessions, sitting almost exactly on the level Ali identified.
The analyst has repeatedly highlighted $1.06 as a major concentration of historical trading volume. On-chain data shows a large number of XRP changed hands around this price, creating a natural support and decision point for holders.
Many addresses sit near break-even here, which often increases volatility as traders decide whether to defend the level or exit.
Martinez earlier noted that whale activity on the XRP Ledger had cooled sharply, with large transactions over $1 million dropping from dozens in a week to just a handful in a single day.
The quieter flow of big money adds weight to the technical test now underway.
If buyers manage to hold $1.06 and push the price higher, the next upside targets sit at $1.35 and then $1.64, areas that previously acted as resistance and volume clusters.
A clean break above those levels would signal stronger recovery momentum.
A decisive daily close below $1.06, however, would open the door to deeper support zones near $0.80 and potentially $0.62, according to the same volume-profile analysis.
XRP has spent recent weeks consolidating in a tight range after a broader market pullback. Open interest has declined and leveraged positions have unwound, leaving the market less crowded but still sensitive to the outcome at this key level.
Traders are watching closely for confirmation in either direction. For now, the entire short-term outlook for XRP appears to rest on whether $1.06 holds or gives way.
Disclaimer: This article is for informational purposes only and is not investment, financial, or tax advice, or a recommendation to buy or sell any asset. Price predictions and targets are speculative opinions, not guarantees, and prices are accurate only as of the time of writing. Assets, especially digital assets, are volatile and can result in loss of capital — do your own research before investing.
Related: Bitcoin has never broken this line in 15 years, it is on it right now
