XRP Price Has Fallen 64% from All-Time High: Time to Buy or Wait for a Deeper Drop?
Jakarta, Pintu News – The price of XRP stood at $1.35 on Sunday after failing to rally through the $1.40 resistance level, extending the latest consolidation phase. Ripple had dropped 1.02% on March 8, 2026, reflecting caution in the crypto market in general. This raises the question: is now the right moment to buy on a price correction.
Pressure Continues amid Risk Assessment
According to Coingape, XRP remains under pressure despite attempts to resume its uptrend, as market participants assess macroeconomic risks and weakening inflows into the market.
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XRP price is now trading about 64% below its all-time high of $3.84, which was recorded on January 4, 2018 during the peak of the previous bull cycle. The sharp decline from these historical levels has again sparked a debate on whether the current correction is a strategic opportunity for accumulation.
Total crypto market capitalization fell 1.19% to $2.3 trillion on March 8, signaling strengthening risk-off sentiment among investors. Bitcoin price also fell 1.12% to $67,166, moving in line with broader market weakness.
Rising geopolitical tensions, particularly regarding the United States and Iran, rattled financial markets and prompted a sell-off in risky assets. In addition, spot Bitcoin ETFs recorded outflows of more than $348 million earlier this week, adding pressure to price stability in the short term.
XRP price could fall further if BTC breaks $60,000, analysts say
A crypto analyst shared a cautious view on the price of XRP after a sharp correction. He said the token is now trading around 64% below its previous peak. He also outlined a number of accumulation zones that may be relevant if broader market pressures continue in the coming months.
He highlighted the $0.85 to $0.95 range as the first key support area. This level could potentially emerge if the price of Bitcoin drops through $60,000 and drags market sentiment even more negatively. He added that a drop towards $0.56 to $0.66 could reflect a full market capitulation and wipe out all the gains this cycle.
XRP Price Prediction: Key Levels to Watch This Week
The price of XRP was most recently trading at $1.34, near a crucial support level, reflecting continued consolidation pressure within the broader range.
The MACD indicator is slightly below the zero line, confirming the weakening upward momentum, while indicating that buyers don’t yet have the immediate strength to push for a breakout move.
The Chaikin Money Flow (CMF) value of around -0.27 indicates that capital flows are still trending outward, thus supporting a bearish bias in the short term.
As long as XRP prices stay above the $1.33 support zone, the first upside level could potentially form at $1.40. A strong four-hour candle close above $1.40 could re-trigger bullish activity towards the $1.50 resistance level.
However, failure to hold $1.33 could accelerate the weakness to the $1.30 area, with the risk of the downside continuing and potentially approaching the $1.25 support zone.
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*Disclaimer
This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities are subject to high risk and volatility, always do your own research and use cold hard cash before investing. All activities of buying and selling Bitcoin and other crypto asset investments are the responsibility of the reader.
Reference:
- CoinGape. Is It A Good Time To Buy XRP As Price Falls 64% From All-Time High? Accessed on March 10, 2026
