XRP: $0.28 bottom, DCA chance around $1.01
Crypto analyst JD (on X) says XRP is approaching a key technical zone for this cycle. He previously called the last XRP bottom at $0.28 and later projected a top at $3.37. In his latest update, XRP has fallen about 72% into a target accumulation area near $1.01. JD points to a large symmetrical triangle pattern on his chart and labels the apex region “BUY!”, implying a potential breakout if the historical structure repeats.
He also discussed timing and risk. JD noted a possible short-term bullish divergence that could support a temporary rebound, but he expects major bottoms often form in Q3 or Q4, so a definitive reversal may take longer. When questioned about an older public buy range ($0.60–$0.80), JD said he still holds bids there, but shares different trade data publicly vs. on Patreon. Overall, the update frames XRP’s current level as a high-priority DCA zone while acknowledging further downside remains possible.
(Disclaimer: Not financial advice.)
Bullish
This is mildly bullish for traders. JD claims XRP has already dropped ~72% into an accumulation zone near $1.01, and he highlights a symmetrical triangle pattern with a “BUY!” label at the apex. If the pattern resolves upward as in the prior cycle, dip-buyers may gain confidence, increasing the odds of a rally attempt.
However, the note is not a clean “buy now” signal. JD also flags the likelihood that the most important bottom often comes in Q3–Q4, and he mentions further downside could still occur. That combination usually leads to choppy price action: near-term bounces (from possible bullish divergence) versus ongoing volatility until a broader cycle confirmation.
Similar setups in past bear-to-recovery transitions often produce two phases: (1) technical oversold relief rallies that fail temporarily, followed by (2) a later confirmation-led move when the market shows sustained higher highs/lows and volume expansion. Traders may therefore use this as a DCA/scale-in thesis for XRP rather than an all-in timing call, while watching whether price breaks the triangle’s resistance with confirmation.