XRP investor Zach Humphries is examining how far XRP could decline during its current pullback, with the $1 level emerging as a possibility if selling pressure intensifies.
In a video posted on X, Humphries addressed concerns about the cryptocurrency’s price action and identified $1.27 as the key level XRP needs to hold to preserve its current weekly structure.
Humphries began by asking whether XRP could return to the $0.99 to $1 range. He recalled that XRP briefly traded around that level in August before recovering sharply and reaching $1.70 within several days. He said investors are now asking how low XRP could go and what the current pullback means for the broader market.
How low will the price of XRP go here? This is XRP price analysis you need to see if you won this asset.
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IMPORTANT VIDEO TO WATCH 👇 pic.twitter.com/HtTToyaEd5
— Zach Humphries (@ZachHumphries) October 8, 2026
Bitcoin and Macro Conditions Remain Important
Humphries linked the recent weakness in crypto to broader market conditions, noting that the stock market has also declined. He said Bitcoin plays an important role in determining crypto market conditions, while macroeconomic factors influence Bitcoin and other risk assets.
He discussed concerns surrounding Treasury yields and the wider market environment in October. However, Humphries said he does not consider the current yield situation a major concern for his long-term investment approach. He also noted that a strong U.S. dollar can affect risk assets.
The XRP investor also cited leverage and recent ETF outflows as factors worth monitoring. According to Humphries, crypto markets have experienced excessive leverage, while ETF outflows have continued for several days. He said these developments provide useful information about current market conditions.
$1.27 Becomes the Critical XRP Level
Humphries then turned to XRP’s weekly chart and identified $1.27 as the most important level for the cryptocurrency’s current structure. He said XRP needs to remain above $1.27 for its weekly recovery structure to stay intact.
At the time of his analysis, XRP had fallen toward about $1.32 before rebounding. Humphries said continued weekly closes above $1.27 would allow the current structure to remain in place.
He also referred to the $0.98 to $1 area reached in August as an important previous low. XRP recovered strongly after reaching that range and later moved toward $1.70.
Humphries Maintains a Bullish XRP Outlook
Humphries said the current chart appears to show a head-and-shoulders formation with a left shoulder, head, and developing right shoulder. He considers the pattern bullish as long as XRP maintains $1.27.
According to his analysis, a sustained move below that level would damage the structure that has developed since the August low. However, as long as XRP holds above $1.27, Humphries said he would not become concerned about the short-term price movements.
He concluded that the current decline is short-term market noise from a long-term perspective, while the $1.27 level remains the key threshold for determining whether XRP can maintain its bullish weekly structure.
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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