XRP’s continued decline has pushed price toward a major long-term support intersection, while Patrick L. Riley says a deeper move to $0.80 could create an unusually attractive accumulation opportunity.
“If $XRP drops to $0.80, it may well be the buy of a lifetime,” Riley said. His public profile identifies him as an entrepreneur, founder, and Army veteran.
XRP currently trades around $1.05, down roughly 3% over 24 hours, with CoinMarketCap showing an intraday range between approximately $1.04 and $1.10.
XRP Reaches a Major Weekly Trend Intersection
XRP’s weekly structure has deteriorated substantially since the mid-2025 peak.
A descending trendline connecting the major highs has continued pressing price lower, while a rising long-term support line from the earlier accumulation structure has moved upward beneath the market.
Those two lines are now converging around the $1.00-$1.10 region.
XRP is already testing that intersection. The current weekly candle traded as low as roughly $1.03 before moving back toward $1.05, although the candle remains unfinished and cannot yet confirm whether the support will hold.
The Crypto Basic recently highlighted XRP’s move deeper into a major fair value gap extending toward $1, making the psychological level the first major downside area before $0.80 becomes relevant.
Why $0.80 Matters
The deeper support sits near $0.80-$0.82, where a separate long-term rising trendline passes beneath the current market.
From XRP’s current $1.05 price, a decline to $0.80 would represent approximately 23.8% additional downside.
That region is not appearing in isolation. Another XRP structure recently identified $0.8214 as the last significant support inside a former descending channel if $0.98 and $0.90 fail. The Crypto Basic previously detailed that deeper support sequence.
The current weekly setup therefore produces a clear hierarchy:
$1.00-$1.05 is the immediate battleground.
$0.98-$0.90 forms the next deeper support region.
$0.80-$0.82 represents the major long-term trendline area.
Riley’s “buy of a lifetime” description is his personal assessment of that final zone, not confirmation that XRP will reach $0.80 or rebound from it.
XRP Still Needs to Prove a Bottom
The broader structure remains bearish while XRP trades beneath its descending resistance line.
Even if the current weekly support produces a bounce, price would need to begin reclaiming levels lost during the decline before a larger recovery can be established.
The first important task is defending the $1 region. A sustained break beneath it would increase the relevance of the $0.90 area, while the broader bullish macro structure has previously been tied to XRP holding around $0.98.
If those levels fail, Riley’s $0.80 scenario would move much closer to the market.
For now, XRP remains roughly 24% above that deeper support. The next observable test is whether buyers can establish a durable weekly floor around $1.00-$1.05 or whether the correction extends through $0.98 and $0.90 toward the long-term trendline near $0.80.