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Edo Farina Crypto - XRP · Aug 6, 2026

URGENT XRP UPDATE: $1.05 Support Lost + My New Buy Orders

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Edo Farina Crypto - XRP · Edo Farina Crypto - XRP

XRP lost the critical $1.05 support level and must reclaim it quickly, otherwise, the probability of a move below $1 increases significantly.

In my last market update, I explained why I was taking profits on my Bitcoin longs near $66,000, closing my Ethereum position, and stepping aside from SUI after its sharp rally. The market was approaching a major resistance zone while the broader technical structure continued to weaken. Since then, the market has moved largely in the direction I warned about: Bitcoin failed to establish a sustainable recovery and traded sideways, while selling pressure continued across the broader crypto market.

My base case was for Bitcoin to revisit the $61,700 region, with $59,000 remaining the major support line, so preservation should remain the priority until the market proves the correction is over, because losing $59,000 on Bitcoin would trigger the next crypto apocalypse.

For XRP specifically, despite my long-term conviction, a move below $1 remains a very real possibility. XRP just lost the major support level at $1.05, so this scenario is no longer theoretical. XRP must quickly reclaim the $1.05 critical support level. If it doesn’t, the probability of seeing sub-$1 XRP within the next few days increases significantly.

The real question is what happens if $1 fails completely. Below, I break down the XRP levels I’m watching, where the strongest historical liquidity sits, and the exact prices where I’m personally looking to accumulate.

🔒 Paid subscribers get access to:

  • My exact XRP buy orders and accumulation levels

  • Key downside targets if XRP loses $1

  • Bitcoin levels that could trigger the next crypto apocalypse

  • My positioning and portfolio updates

  • Exclusive market analysis and selected trade ideas

Read the original on edofarina.substack.com

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