The warning comes as traders watch whether XRP can defend the $1.26 support level under mounting selling pressure.
Crypto analyst Ali Charts has issued a fresh warning on XRP, pointing to a possible decline toward $0.98 if whale selling intensifies. The call centers on behavior from large XRP holders, often referred to as whales, whose transactions can move thinly traded order books more than retail activity typically does.
The warning arrives alongside separate reporting that raises questions about whether XRP can hold the $1.26 level. That price point has emerged as a closely watched support zone for traders tracking the token's short-term structure. A break below it would open the door to further downside, according to the concerns being raised.
Whale activity has long served as a signal that traders and analysts monitor for early clues about market direction. Large holders moving significant volumes of XRP, whether to exchanges for potential sale or into cold storage, can shift sentiment quickly. When such movements coincide with weakening price support, analysts often flag the combination as a warning sign.
XRP has a long history tied to Ripple Labs and its use in cross-border payment settlement. The token has experienced sharp price swings over the years, often linked to regulatory developments, exchange listings, and shifts in broader crypto market sentiment. Analyst commentary around specific price targets, including the $0.98 level cited here, reflects technical reading of price charts rather than confirmed market outcomes.
It remains unclear whether whale selling will accelerate to the degree needed to push XRP toward the levels described. Market conditions can shift quickly, and support levels that appear vulnerable in one trading session can hold in the next if buying demand returns. Analysts frequently caution that technical targets represent scenarios rather than certainties.
Traders watching XRP in the near term are likely to focus on whether the $1.26 support holds, and on any visible changes in whale wallet activity. Exchange inflow data, often used as a proxy for potential selling intent, tends to draw particular attention during periods of heightened uncertainty like this one.
Market Impact
If whale selling pressure increases as described, XRP could face renewed downside testing toward the $0.98 level flagged by Ali Charts. A breakdown below the $1.26 support zone would likely be read by traders as a bearish technical signal, potentially inviting further selling from shorter-term participants.
Conversely, if the $1.26 level holds and whale selling fails to materialize at scale, XRP could stabilize or recover. Broader crypto market sentiment, liquidity conditions, and any regulatory or corporate news tied to Ripple could also influence which scenario plays out.
XRP's near-term path appears tied to whether whale selling accelerates and whether the $1.26 support level can hold. Traders will likely watch wallet and exchange flow data closely in the days ahead for further signals.
Frequently Asked Questions
What price target has analyst Ali Charts set for XRP?
Ali Charts has warned that XRP could fall to $0.98 if selling from large holders, known as whales, increases significantly.
Why does the $1.26 level matter for XRP?
The $1.26 level is being watched as a key support zone. A break below it could signal further downside, according to reporting on the current selling pressure.
What does whale selling mean for XRP's price?
Whale selling refers to large holders moving significant amounts of XRP, often to exchanges, which can increase supply pressure and influence short-term price direction.
Is a drop to $0.98 confirmed to happen?
No. The $0.98 level is a technical warning based on analyst commentary, not a confirmed outcome. Actual price movement will depend on market conditions and whale behavior going forward.
Originally reported by AltcoinGordon, written by Daniel Foster. Republished with permission.
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