[Digital Today reporter Yoonseo Lee (이윤서)] As XRP moves within a descending channel on the daily chart, one analysis said the $0.80 to $0.90 range could be the end zone of the latest downtrend.

The Crypto Basic, a blockchain outlet, reported on July 25 that some in the market raised the possibility that XRP could be pushed down to around $0.84, the channel’s lower boundary.

The key question in the market is whether XRP can test another leg lower before any rebound. XRP has continued to post lower highs and lower lows since its all-time high (ATH) of $3.60 recorded in July 2025. The current price is down about 70 percent from that peak.

Technically, a clear descending channel has formed since July 2025. In this pattern, the upper trendline acts as resistance and the lower trendline as support. The price keeps making lower highs and lower lows between the two lines and continues its downtrend until it breaks above the upper trendline.

Since entering the channel, XRP has tried twice to break above the upper boundary, but both attempts were blocked by resistance. The first attempt came in early October 2025. XRP rose to $3.10 but faced resistance in the area overlapping the upper trendline, then slid to $1.27 during a broader market plunge on Oct. 10. In a rebound phase in January 2026, it climbed to $2.41 but pulled back again near the upper trendline and fell to $1.10 in early February 2026.

Buying has repeatedly come in near the channel’s lower boundary. Buyers defended support near the early-February 2026 low, after which XRP traded up and down in the middle of the channel for 5 months. After falling from the $3.60 peak earlier this week, the price is again tilting toward the lower trendline.

If broader market selling pressure strengthens again in this zone, XRP could move to confirm the channel’s lower boundary. The expected support range is in the $0.80 to $0.90 area, with $0.84 cited specifically. That is about 20 percent below the current price of $1.11. It also represents a 75 percent drop from the $3.60 peak.

The focus is whether buying steps in again to defend at this level. The $0.80 range could also be the bottom of this downtrend, and a rebound from here could lead to a move that targets $2 again along with a break above the channel’s upper boundary.

The market is also watching similar levels flagged by chart analysts Chart Nerd and CasiTrades. The two analysts suggested the $0.80 range could be a bottom candidate. As a result, XRP has entered a phase in which whether it holds support at the channel’s lower boundary matters more than near-term rebound expectations. One assessment said the likelihood of an end to the downtrend rises if this support holds, while additional bearish pressure could follow if it breaks.