 ▲ XRP / AI-generated image |
As volatility expands in the cryptocurrency market, an expert analysis suggests that if XRP enters the so-called “death zone” following a breakdown of its support level, it should be viewed as a once-in-a-lifetime buying opportunity.
According to cryptocurrency-focused outlet The Crypto Basic on March 2 (local time), prominent analyst Dark Defender stated that while XRP’s recent price decline may be painful in the short term, it could represent a historic entry point for long-term investors, echoing the saying, “No pain, no gain.” Dark Defender analyzed that if XRP fails to hold its current psychological support level at $1.33, it is highly likely to enter the technical gap range between $1.03 and $0.88, referred to as the death zone.
Technical indicators are already signaling extreme oversold conditions. Dark Defender highlighted that XRP’s Relative Strength Index (RSI) has fallen to 23.90, its lowest level since mid-2024. Historically, whenever the RSI dropped to this level, XRP recorded strong technical rebounds and successfully reversed its trend. “If the price is pushed into the death zone, it would not simply signify a decline, but rather that a once-in-a-lifetime opportunity is approaching us,” the analyst emphasized.
Amid a broader downturn in the crypto market, Bitcoin (BTC) and Ethereum (ETH) are also facing downward pressure, but XRP is forming a distinct technical pattern of its own. Dark Defender projected that if XRP establishes support within the death zone and rebounds, it could sequentially target $1.88 and $5.85. Signs of accumulation by whale investors during a period of extreme market pessimism are further reinforcing this optimistic outlook.
However, external uncertainties such as geopolitical tensions in the Middle East remain variables investors must watch closely. If large-scale capital exits the crypto market due to fears of war, technical support levels could become meaningless. Nevertheless, Dark Defender reminded investors that even such macroeconomic headwinds are ultimately priced in, and periods of peak market fear have historically offered the highest returns. Technological progress within the XRP Ledger ecosystem and efforts toward institutional adoption are expected to shine even more during price downturns.
The XRP market is currently enduring temporary pain while preparing for a significant leap forward. The death zone identified by the analyst may represent both a source of fear and a stage of opportunity where wealth redistribution occurs. XRP is currently locked in a fierce battle in the mid-$1.30 range, and price movements over the coming days are likely to determine the overall direction for the year. Investors are closely monitoring real-time technical indicators while formulating cautious response strategies.
Disclaimer: This article is for investment reference only, and no responsibility is taken for any investment losses incurred based on it. The content should be interpreted for informational purposes only.