Rector Sees XRP Bear Market Correction Nearing End

Crypto commentator Zach Rector believes XRP may be approaching its final phase of bear market correction, even as he acknowledges the possibility of a brief drop below $1.

In his latest post on social media platform X, Rector pointed out that XRP has fallen approximately 72% from its all-time high reached last year, suggesting the market is nearing the end of its bearish cycle.

Rector views this move as a buying opportunity rather than a reason to exit the market and has added to his long position at $1.055.

The analyst expects only limited downside from current levels, estimating that a 75% drop would bring XRP's price to around $0.90.