According to Woofun AI, XRP dropped 3.7% within 24 hours, sparking intense debate over whether a bottom has been confirmed.

Chart analyst Ali Martinez judges that the asset may have already touched a阶段性 low, while research firm Cryptoinsightuk takes a cautious wait-and-see stance, believing the current price action is not yet sufficient to draw a conclusion.

This divergence of opinion highlights the market's hesitation around key price levels, with investors closely watching subsequent technical signals to determine direction.

From a technical perspective, data compiled by Woofun AI shows that XRP's RSI (Relative Strength Index) on the 4-hour timeframe has fallen into severely oversold territory, providing potential momentum for a short-term rebound.

Cryptoinsightuk points out that if the price can recover to around $1.30, it would not only help fill the value gap but also establish a higher low at the bottom of the trading range.

The more critical variable lies in the formation of a divergence signal: analysts expect to see the price making a new low while the RSI forms a higher low, which would be strong evidence that selling pressure is exhausting and bullish momentum is rebuilding.

However, downside risks have not been completely eliminated.

Cryptoinsightuk warns that the current chart may be forming a descending triangle pattern, and the recent decline could be merely a bull trap.

If XRP fails to hold current levels, the price could very likely break below the range low, in which case $1.22 would become a clear downside target.

Conversely, if support is successfully defended with good liquidity backing, the price has an opportunity to rebound to the range high.

The uncertainty of this pattern requires traders to set strict stop-losses to cope with potential breakdown risks.

Regarding trading strategy, analysts suggest treating the area above $1.30 and below $1.35 as a potential entry window.

Within this range, investors may consider spot accumulation or establishing low-leverage long positions to capture potential rebound gains.

However, it is worth noting that any operation should wait for clearer signal confirmation to avoid blindly entering when the trend is unclear.

This marks another critical moment after several recent bouts of volatility in which the market is once again testing the validity of a key support level.