XRP Could Rise to $1, Leading Analyst Says

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XRP Could Fall to $1, Major Analyst Says
XRP Could Fall to $1, Major Analyst Says
March 4, 2025


XRP

Ali Martinez, a well-known analyst, warned that XRP is at significant risk of a sharp crash to $1. Martinez shared this sentiment today on X, stating that “XRP is on its way to $1.” At press time, XRP is trading at $2.37. A drop to $1 would result in a staggering 58% loss from current levels.
The main factor influencing this bearish prediction is the pattern formed by XRP’s candlestick chart since December 2024. Martinez noted that XRP’s price pattern has formed a head and shoulders pattern on the daily chart.
The neckline of this pattern is located at $2, which acts as a strong support level. Meanwhile, he noted that XRP has formed the right shoulder of this bearish pattern over the past 24 hours. According to Martinez, this is not a positive sign.
Therefore, he suggested that a sustained break below $2 would increase the risk and a drop to $1 by 58% could occur. Notably, Martinez is not the only one to express concerns that XRP is about to see a major crash.
Other analysts call for a massive sell-off of XRP
Financial analyst Jesse Colombo expressed similar concerns about XRP today on X. Colombo also mentioned the head and shoulders pattern that has emerged on the daily chart of XRP and highlighted the $2 mark as a decision point for XRP’s next move.
Colombo stressed that if XRP closes below $2, it would validate this bearish pattern and could trigger a rapid sell-off. At the same time, he did not specify how low XRP might fall.
Previously, there have been multiple calls for XRP to crash back to its November 2024 lows, but the asset has continued to move upwards. Those who expect a crash are mostly critics who do not believe that the coin can continue its upward trend in a bull run.
For example, an expert named “IncomeSharks” warned that XRP could see a dramatic price drop to $0.60. The main factor influencing this prediction is that they believe that XRP's historical trend is similar to the "pump and sell" pattern, that is, XRP will rise sharply for a period of time and then be hard sold, with the same magnitude as its rise.
Although they had long expected this to happen, it did not happen. However, the recently formed head and shoulders pattern reinforces the bearish outlook.
Bullish sentiment amid bearish calls
Despite the bearish sentiment, some analysts still see bullish signals on XRP’s chart. One analyst, “Captain Faibik,” looked at the same XRP daily chart and argued that a bullish flag pattern is currently forming and that a move back to $5 is more likely.
Currently, the price of XRP has fallen by more than 10% today as Bitcoin corrects back to the $83,000 price level. With some analysts predicting that the Bitcoin price will reach $70,000, XRP may face challenges in maintaining its position above $2.

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