XRP holders are heading into Monday with a lot of questions. After five consecutive weekly red candles and a drop to $1.11, crypto analyst Zach Humphries has caught the community’s attention.
XRP holders are heading into Monday with a lot of questions. After five consecutive weekly red candles and a drop to $1.11, crypto analyst Zach Humphries has caught the community’s attention.
In a new post, he called his recent support level wrong, and he’s telling his audience exactly what to watch as markets open.
Humphries had been watching $1.15 as a key support level for XRP, expecting a bounce back toward the $1.27 to $1.32 range as a short-term swing trade setup. That prediction did not hold. XRP fell through $1.15 and was trading around $1.11 at the time of his video.
He traces the breakdown partly to NVIDIA. After news surfaced about NVIDIA CEO Jensen Huang and a Chinese spy allegation, Huang responded publicly, and stock futures began to react. NVIDIA, which Humphries had purchased at $183, looked set to open below $180. The ripple effect hit crypto hard, with Bitcoin sliding to $74,400 and XRP following.
XRP HOLDERS: I WAS WRONG. I ADMIT IT.
WATCH THIS BEFORE TOMORROW.
THIS IS NOT GOOD RIGHT NOW. IT FEELS LIKE THIS IS THE MOMENT THAT MOST PEOPLE ARE GETTING COMPLETELY FED UP WITH MARKETS….$XRP$BTC$NVDApic.twitter.com/VfG69DGJoh
— Zach Humphries (@ZachHumphries) November 8, 2026
With $1.15 gone, Humphries now has his eye on $1.11 as the next critical test. He sees that level as a potential base where buyers could step in. If it fails, he’s looking at $1.07 and $1.05 as the next areas of possible support. He noted that $1.07 corresponds to where XRP traded back in November 2021, giving it historical significance on the monthly chart.
He was clear that this is not a moment for new positions. “You’re really trying to catch a falling knife at this point,” he said. He wants to see some stabilization before taking any new trades.
Humphries described the broader environment as deeply uncertain. Nerves around the AI trade, interest rates, and an upcoming inflation report are all piling on simultaneously. He views NVIDIA’s decline as a primary culprit behind the latest leg down, and he sees crypto reacting the same way it always does in these environments.
He did note one longer-term positive, which is the political gridlock in Washington following the Democratic sweep in the midterm elections. He believes markets can begin pricing that in over time, but acknowledged the timing is difficult to predict.
Humphries has consolidated his holdings and is keeping cash on hand right now. Capital preservation is his priority. He remains a long-term believer in XRP. He expects a major parabolic run that would take the asset to new all-time highs, though he says the timing is impossible to call.
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The post Pundit to XRP Holders: I Was Wrong. I Admit It. Watch This Before Tomorrow appeared first on Times Tabloid.
