XRP is trading at $1.02. Crypto commentator Bobby A (@Bobby_1111888) shared a message with his followers on X, stating, “It’s time to start slowly accumulating XRP again.” The post comes at a moment when analysts are watching the token closely for signs of where it moves next.
The Case for Accumulation
Bobby A has been consistent on his price threshold. He told a follower, “I always said I only buy it under $1.” His accumulation call at $1.02 signals that he sees the current level as close enough to justify building a position. It also suggests that XRP may decline further, providing an even better buying opportunity.
Recent technical analysis supports this idea. Analyst CasiTrades has been tracking XRP on the 4-hour Coinbase chart and identifies $0.87 as the macro support level she expects the price to reach. Her Elliott Wave count projects a bounce toward $1.0363 around mid-August, followed by a reversal toward $0.86 before September.
She identifies $1 as the critical psychological level, also coinciding with Binance’s 0.786 Fibonacci retracement at $1.0041.
It’s time to start slowly accumulating XRP again.
— Bobby A (@Bobby_1111888) August 10, 2026
Sentiment Within the XRP Army
One follower agreed with the bullish outlook and said October would bring upward price movement. They expect XRP to stay low this month, and then rise significantly in October. Another said breaking below $1 would be his signal to begin accumulating tokens heavily.
One commenter noted that the low $0.9 range on the chart looks constructive for a one-week bull divergence on the RSI. When the price makes a new low but the RSI does not, it signals that selling momentum is weakening and a reversal to the upside may follow. This suggests that XRP’s price will dip temporarily before a swift rebound.
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What the Analysis Says
XRP entered August at approximately $1.06, far below its cycle peak of $3.65 from July 2025. The RSI on the 4-hour chart reads 36.62, below the 40 threshold, consistent with a corrective structure. Polymarket odds currently show a 65% probability that XRP falls below $1 before the end of August. XRP has held above $1 for over 600 days, but that streak is now under pressure.
A recent analysis by ChatGPT places the base case between $1.05 and $1.35 by August 31. It assigned a 50% probability to this scenario. However, the bearish scenario, should $1 fail to hold, points toward $0.85 to $0.95.
Disclaimer: This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses.
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