XRP is back at the center of market discussion after crypto analyst Crypto Patel said the token still carries a $10 long-term target, even as the near-term path remains uncertain. In his view, traders should not expect a straight move higher. The first major level to watch is $1, and XRP could still dip below that mark before any stronger recovery takes shape.
$1 comes first before any move toward higher targets
Patel’s message is clear: the idea of XRP quickly exploding to $10 is not how he sees the chart in the short run. He pointed to $1 as the first important milestone, arguing that XRP may need to test and stabilize around that level before any sustained push upward can develop. That makes the short-term picture far less certain than some bullish calls suggest.
He also noted that XRP has fallen roughly 70% from its recent peak. That scale of decline has reopened the debate over what comes next. A rebound is possible, but so is another leg lower if the market has not fully completed its correction.
Patel highlights $0.50 to $0.70 as the preferred accumulation range
Rather than chasing price at elevated levels, Patel said the better accumulation zone sits between $0.50 and $0.70. He described that range as the more favorable entry area for investors looking to position before a possible recovery. It is a simple framework: wait for price to come into a lower zone, then assess whether the setup improves.
That does not mean a rebound is guaranteed from those levels. His point is narrower. If XRP continues to retrace, the $0.50-$0.70 band may offer a more attractive risk-reward profile than buying into strength after a sharp move.
Past drawdowns show how violent XRP corrections can be
To frame the current setup, Patel referred to a previous collapse in XRP, when the token dropped from $3.28 to $0.1050, a decline of 96%. That historical move highlights the asset’s tendency toward severe volatility. Large corrections are not unusual in XRP’s trading history, and that context matters when evaluating current price calls.
At the same time, Patel did not say the market is certain to repeat that kind of plunge. His stance was more restrained: a correction below $1 remains possible, even if a full repeat of the prior crash is not assumed. For market participants, that leaves room for lower entry opportunities if weakness continues.
The main takeaway is patience, not aggressive chasing
Patel’s framework leans on patience. He remains constructive on the long-term $10 thesis, but he does not treat it as an immediate destination. The focus is on waiting for XRP to enter a better accumulation area instead of buying into higher prices while the market is still unstable.
For now, the structure he outlined revolves around a few levels. $1 stands out as the first checkpoint, while $0.50 to $0.70 is the range he sees as the strongest entry zone. The $10 target remains part of the longer-term view, but only after XRP works through a more uneven path first.