XRP holders had a rough week. As panic swept through global markets, the token dropped as low as $1.60, hit by fresh U.S. tariffs and broader economic fear.

On top of that, the chart isn’t looking too friendly. A bearish head-and-shoulders pattern has formed, and analyst Ali Martinez says XRP could head for a retest of $1.30—a zone that’s acted as a major pivot in the past.

But don’t count XRP out just yet.

Tariff Delay Sparks Market Bounce—Is This the Turning Point?

In a surprise move on Wednesday, President Trump delayed new tariffs for some countries by 90 days—and markets loved it. Stocks jumped, crypto bounced, and XRP snapped back from its 200-day moving average, a technical line that often signals a bottom.

With that bounce and easing macro fear, some traders now see a rally to $3+ as possible—especially if Bitcoin stabilizes and the crypto market regains momentum.

If XRP were to push back to its recent $3.40 high, that’s a 70% rally from current levels. Still far from last year’s explosive 5x move, but definitely a step in the right direction.

What Could Derail the Rally?

All eyes are now on Thursday’s CPI report. If inflation stays hot and the Fed refuses to cut rates, the market could cool off fast—and that would hit risk assets like XRP hard.

So yes, Ali’s $1.30 call is still very possible.

Should You Buy XRP Right Now?

It depends on your strategy. If you’re a short-term trader, expect some chop. But if you’re thinking long-term, this could be a rare discount on one of the most battle-tested altcoins out there.

A lot of smart investors are turning to Dollar-Cost Averaging (DCA)—buying small amounts of XRP regularly to ride out the noise and capture a solid entry over time.

And with crypto now gaining bipartisan support, including pro-innovation policies from Trump and Congress, the bigger picture still looks strong.

So even if the short-term is shaky, XRP’s future? Still full of upside.