XRP is trying to recover, but the broader market still looks pinned down by a bear trend, according to CryptoPotato. One analyst the outlet cites is focused on a simple scenario. XRP could fall under $1 in the short term.
CryptoPotato says the “hidden benefit” in that scenario is the potential for a cheaper entry if price weakens further. As of the time of writing, XRP trades at about $1.15, based on CoinGecko data, which CryptoPotato frames as a 12% drop from last Monday.
The sub-$1 map traders are watching
CryptoPotato points to X user Ali Martinez, who says he is monitoring $0.90. The outlet reports that Martinez called a slip to that level “a compelling long-term buying opportunity.”
Not everyone bought the idea that XRP would actually crack $1. CryptoPotato notes that some commenters doubted Ripple’s cross-border token would tumble below $1. Others pushed back in a more practical way. The outlet says some commentators reported placing buy orders around $0.50.
CryptoPotato includes Martinez’s response as well. He described that $0.50 plan as “not a bad idea.”
This is the key tension in the post. One camp is waiting for lower prices and treating them like a threshold event. The other camp is skeptical the market gives that much downside.
Whale selling and a new short raise the odds
CryptoPotato links the bearish setup to whale behavior. It says market participants offloaded 60 million XRP over a week, signaling “fading confidence” and potentially sparking panic among smaller holders.
CryptoPotato also highlights a more direct bet. It says an anonymous whale opened a nearly $1.5 million short position on XRP.
The outcome here is not guaranteed. CryptoPotato stresses that the whale could either profit or turn the move into a “reckless gamble,” depending on how price reacts after the position is established.
If you are watching risk instead of narratives, this is the part that matters most. Large sell flows can pressure order books quickly, and shorts can accelerate volatility in both directions if liquidity is thin.
Bulls point to ETF flow and a near-term trigger
CryptoPotato doesn’t present this as a one-way story. It also cites analysts who argue the “worst is over” and claim XRP has room to bounce.
One X user, CRYPTOWZRD, is cited as saying XRP closed the prior day on a bullish note. CryptoPotato reports CRYPTOWZRD added that a surge above $1.15 could create an upside move.
Another cited participant, Joshua Dalton, reportedly envisioned a push to $3.50 by the end of June. CryptoPotato calls that target “rather unreal” at the moment, but includes it to show what some traders are pricing into their models.
CryptoPotato also points to Zach Humphries, who says he bought XRP for the first time in two years. The outlet says Humphries compared the moment to his prior entry, noting he last bought XRP at $0.50 and that scooping at $1.09 felt similar.
Finally, CryptoPotato brings in the ETF angle. It says institutional interest remains solid because spot XRP ETFs, unlike spot BTC and ETH ETFs, have attracted “a substantial amount of capital” even during the market crash. The outlet frames this as evidence that big players, including pension funds and hedge funds, may still be increasing exposure.
XRP fact snapshot from the cited reporting
| Item | What CryptoPotato reports | Source in text |
|---|---|---|
| Current XRP price | Around $1.15 | CoinGecko data via CryptoPotato |
| Move vs last Monday | About 12% decline | CoinGecko data via CryptoPotato |
| Key downside level to watch | $0.90 | X user Ali Martinez via CryptoPotato |
| Bull trigger level | Above $1.15 | X user CRYPTOWZRD via CryptoPotato |
| Whale selling | 60 million XRP offloaded over a week | CryptoPotato report |
| Whale short position | Nearly $1.5 million short on XRP | CryptoPotato report |
| Spot XRP ETF flow claim | “Substantial amount of capital” despite crash | CryptoPotato cites SoSoValue |
What to watch next
CryptoPotato sets up a classic battlefield: traders watching price levels like $1.00 and $0.90, while whales and shorts try to dictate whether the market breaks or snaps back.
If XRP can hold above the $1.15 area cited by CRYPTOWZRD, the upside case gains traction. If large holders keep selling, the sub-$1 scenario stays on the table.
Either way, remember the headline logic is still conditional. A short can unwind fast. A whale can change posture. And an ETF narrative can coexist with near-term downside.
For now, CryptoPotato’s strongest “next-step” signal is simple. Track follow-through in whale flows and the market’s reaction to big positioning, not just the optimistic targets floating on social media.