Analyst Austin Hilton describes XRP as “a falling knife” as its price rests at $1.15. Down nearly 3% amid a broader bearish turn in the cryptocurrency market—with Bitcoin trading at $75,000—many XRP holders are wondering how much deeper the decline might reach.
Sentiment Tells the Story
According to Hilton, the current market climate reflects an “extremely bearish” mood. He points to a core structural issue: a fundamental lack of bullish liquidity. Investors who typically deploy capital to drive prices upward are currently staying on the sidelines, allowing XRP to continue its descent.
With the bearish momentum meeting minimal resistance, XRP remains under steady downward pressure. Hilton has noted in multiple videos that XRP dropping to the $1 mark is a distinct possibility. Trading now at $1.15, that threshold is close at hand.
XRP is a falling knife!
How low XRP go – find out! pic.twitter.com/ds8jygAT9C
— Austin Hilton (@austinahilton) November 7, 2026
What the 200-Day Moving Average Shows
A key technical indicator highlighted in Hilton’s assessment is the 200-day moving average, currently positioned at $1.25, below which XRP is trading. Hilton observes that historically, purchasing XRP underneath this average has generally proven to be a reasonable entry strategy.
While he acknowledges the risk of additional price drops, he suggests that for long-term investors targeting future price milestones of $3, $4, or $5, the distinction between acquiring the asset at $1.20 versus $1.90 loses importance. A difference of $0.20 to $0.30 in the purchase price matters far less over that horizon.
Short-Term Signals in the Chart
Hilton’s chart evaluation uncovers buy signals emerging around the current price range. He points to past rallies following comparable signals, including a 44% surge across 39 days, a 48% increase over 22 days, and a 13% rise in a 19-day span, though he stresses that past performance does not guarantee future results.
The absence of any sell signal at present prices is viewed by him as a positive indicator. Based on the charts, he believes XRP could be nearing a floor, stating: “I think we are close to the bottom from XRP charting standpoint and with all the other assets.”
Two Types of Investors
Hilton categorizes market participants into two distinct groups. The first consists of long-term holders who ride out market swings. For this group, the exact entry price at these levels matters very little.
The second group focuses on short-term profits and requires precise timing. Technical indicators hold greater significance for these traders, given that historical patterns demonstrate XRP’s capacity for substantial percentage gains within specific timeframes when technical conditions align.