An analysis said XRP is again approaching a key buying zone that has supported its price floor over the past 8 years.

Blockchain outlet The Crypto Basic reported on Tuesday that analyst Ali Martinez (알리 마르티네즈) sees XRP entering a move to retest an ascending support trendline that has held since May 2017.

XRP is priced at $1.09. That is about 70 percent below its July 2025 peak of $3.66, but Martinez focused on long-term market structure rather than short-term swings. He judged the drop as closer to a retest of support as long as XRP remains above the support line that has guided its long-term trend for more than 8 years.

Martinez put the key zone at $0.70 to $0.90. The area aligns with the long-term rising support line, and he described it as XRP's biggest buying zone over the past 10 years. Based on the current price, XRP is positioned to potentially fall about 18 to 36 percent more to reach that support range.

The trendline has also served as a zone for confirming lows in past market cycles. XRP slid to $0.10 near that support line in March 2020 before rebounding to $1.96 in April 2021. In July 2024, it also bottomed near the same support line at $0.38 and then turned to a recovery, setting a new all-time high of $3.66. Martinez pointed out, "Every time it touched this trendline, a strong rebound followed."

The next inflection point the market is watching is the upper resistance line. On charts, the first major resistance was presented at $3.32. That price level also capped XRP's rise in past rallies. A move from the current price of $1.10 to $3.32 would amount to a gain of about 202 percent. If it starts from the $0.70 to $0.90 support zone, the gain would be larger at 269 to 374 percent.

The key issue is whether XRP breaks above $3.32. Martinez said a move above $3.32, which he referred to as an "8-year resistance line", could open room for further gains. In that case, chart targets were cited at $8.37 and $13.57. Both prices would mark new all-time highs for XRP.

Targets around $13 have also been repeatedly mentioned among other analysts. Analyst Egrag Crypto (이그랙 크립토) also presented a bullish scenario, saying XRP could reach a new high based on the formation of a long-term rising channel.

But the analysis hinges on maintaining the long-term support structure. Buying interest must return and the $0.70 to $0.90 area must function as support for a renewed push toward $3.32 and the $8.37 and $13.57 scenario to remain valid. With XRP having extended a pullback from its peak over the past 11 months, the market sees a retest of the long-term trendline and a resistance break as the next key variables.

$XRP has repeated the same pattern for 8 years… And it might be about to do it again. https://t.co/aFHyt1Wdo1 pic.twitter.com/rIC8oMXBU1