[Digital Today reporter Yoonseo Lee] As XRP tests a long-term support zone around $1, crypto analyst Patrick L. Riley said a drop to $0.80 could be a buy-of-a-lifetime opportunity.
On Nov. 12, blockchain outlet The Crypto Basic said the market focus is currently on the $1.00 to $1.05 range. XRP was pushed back around $1.00 and fell about 3.79 percent over 24 hours. Its intraday trading range was about $1.04 to $1.10. The weekly candle has not closed yet, so it has not been confirmed whether the current support level actually held.
Charts show the bearish 흐름 continuing. A downtrend line linking major highs since a peak in mid-2025 is pressing on the top of the price, while a long-term rising support line formed in a past accumulation zone is rising from below the market. As the two lines converge around $1.00 to $1.10, the range has emerged as a key zone that will determine the short-term direction.
Riley said if XRP drops to $0.80 it could be a buy-of-a-lifetime opportunity. But he said this is only a subjective judgment and does not mean XRP will actually fall to $0.80 or rebound at that price. As long as XRP stays below the falling resistance line, the overall structure is bearish.
The market is discussing $0.90 to $0.98 as the next support area. If that range breaks, the long-term trend line in the $0.80 to $0.82 band becomes the next key support. If the price falls from the current level to $0.80, the additional decline would be about 23.8 percent.
The $0.80 band is not just a numerical range. A separate long-term uptrend line runs through that area, and in another XRP chart structure, $0.8214 was presented as the last meaningful support within a past descending channel. Before that, it must first be confirmed whether $0.98 and $0.90 hold.
In the end, the focus on the weekly chart is clear. $1.00 to $1.05 is the immediate defensive line, and $0.98 to $0.90 is the support zone below it. Finally, $0.80 to $0.82 is a key price band where the long-term trend line lies. Even if XRP rebounds from the current support, it must recover levels lost during the decline for a signal of a larger rebound to emerge.
Regardless of market assessments, the first thing the market must confirm is defence of the $1 level. If XRP forms a weekly bottom in this zone, it could leave room for a short-term rebound. By contrast, the $0.80 scenario becomes a more realistic path when $0.98 and $0.90 break in turn. For now, the next turning point is whether buying holds at $1.00 to $1.05 or whether the correction extends to around $0.80 where the long-term trend line lies.
If $XRP drops to $0.80 it may well be the buy of a lifetime... https://t.co/O2wYLkWFqn