XRP slips below $1.26 as analyst sees $1.10 possibility

XRP is approaching a possible $1.10 level, according to an outlook from analyst Casi Trades cited by The Crypto Basic. The analyst’s projection follows XRP falling below $1.26, a level described as support in the report, after the asset’s recovery above $1.30 failed to gain further momentum. This is a single-source report, and no additional outlet coverage was supplied to corroborate the analyst’s forecast or technical interpretation. The report provides no fundamental catalyst or broader market development for the decline; its focus is the price structure and the analyst’s projected downside level. Live data place XRP at $1.17, about 2.02% lower over 24 hours and 6.16% lower over seven days. Its market capitalization stands at $74.3 billion. The quoted $1.10 scenario is therefore only $0.07 below the latest reported price, while the $1.26 level referenced by the analyst has already been lost following the earlier recovery above $1.30.

The wider crypto market presents a relatively subdued backdrop. Total market capitalization is $2.61T and the overall market is flat, while Bitcoin is down 0.11% over 24 hours. The Fear & Greed Index stands at 25, labelled Extreme Fear, showing that sentiment remains cautious despite the broader market showing little directional movement.

What to watch is whether XRP can move back above the cited $1.26 level or whether its current decline continues toward the analyst’s $1.10 projection. The available coverage identifies $1.26 as the relevant support level and $1.30 as the prior recovery threshold, but it does not provide evidence that either will be reached.