{"id":137463,"date":"2026-02-23T17:00:20","date_gmt":"2026-02-23T17:00:20","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=137463"},"modified":"2026-02-23T17:00:20","modified_gmt":"2026-02-23T17:00:20","slug":"xrp-panic-at-1-39-but-structure-still-favors-a-larger-upside-rotation","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=137463","title":{"rendered":"XRP Panic At $1.39, But Structure Still Favors A Larger Upside Rotation"},"content":{"rendered":"

Panic is rising at $1.39, but the bigger picture hasn\u2019t broken. XRP remains within a broader bullish structure, with price testing key support after a sharp correction. Unless critical levels fail, the setup still favors a larger upside rotation rather than a trend reversal<\/a>.<\/p>\n

69% Drop Sparks Panic Across The Market<\/h2>\n

XRP has plunged 69%, sparking widespread panic across the market, but history suggests this may not be the first time such fear has marked a major turning point. The last time XRP experienced a similar deep correction, it eventually followed up with an explosive 835% rally<\/a>, leaving traders wondering whether a comparable setup is forming again.<\/p>\n

According to<\/a> Crypto Patel, XRP is trading around $1.39 after breaking down from the key $2 support zone. Price is now retesting a higher-timeframe demand level that previously acted as the upper boundary of a multi-year accumulation range, placing the asset at a technically significant area.<\/p>\n

The token has already corrected 69% from its recent $3.66 high, forming what some analysts view as a classic breakout-and-retest structure. After surging 835% from its prior accumulation phase, XRP is now testing a critical support zone.<\/p>\n

On-chain data adds another layer to the narrative. Ripple just recorded its largest realized loss spike since November 2022, attracting $1.93 billion in weekly losses as holders capitulate, according to Santiment<\/a>. Historically, periods of extreme capitulation have often coincided with local bottoms, raising the question of whether this sharp correction could ultimately set the stage for the next major move.<\/p>\n

Key XRP Bullish Accumulation Zone: $0.86\u2013$0.66<\/h2>\n

Crypto Patel further outlined XRP\u2019s current technical structure, highlighting a key bullish support zone between $0.86 and $0.66. Maintaining a price above $0.66 is critical for preserving the broader bullish outlook. This area represents a confluence of a multi-year breakout retest and a historical accumulation<\/a> range, reinforcing it as a strong demand zone.<\/p>\n

The analyst <\/a>emphasized that the combination of a major capitulation event and price testing a key higher-timeframe support level creates a high-probability reversal area. However, he made it clear that a weekly close below $0.66 would invalidate the bullish thesis and signal a structural breakdown.<\/p>\n

Looking at upside projections, Patel outlined a series of potential targets at $2, $3, $5, and ultimately $10+, suggesting the possibility of a near 10x move from the accumulation zone if the structure holds and momentum returns.<\/p>\n

In his view, XRP is currently trading within what he describes as a generational re-accumulation zone following a breakout<\/a> retest. He noted that the recent $1.93 billion capitulation event often marks market bottoms, arguing that while weaker hands exit during panic, larger players may be quietly accumulating at these levels.<\/p>","protected":false},"excerpt":{"rendered":"

Panic is rising at $1.39, but the bigger picture hasn\u2019t broken. XRP remains within a broader bullish structure, with price testing key support after a sharp correction. Unless critical levels fail, the setup still favors a larger upside rotation rather than a trend reversal. 69% Drop Sparks Panic Across The Market XRP has plunged 69%, […]<\/p>\n","protected":false},"author":0,"featured_media":137464,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-137463","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/137463"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=137463"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/137463\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/137464"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=137463"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=137463"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=137463"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}