Zach Humphries Says His $1.15 XRP Support Call Has Failed

Crypto analyst Zach Humphries acknowledged that his $1.15 support level for XRP had failed and outlined lower price areas he is watching after five consecutive weekly declines.

Humphries wrote in a Nov. 8 post, “I was wrong. I admit it.” He had treated $1.15 as support and described $1.27 to $1.32 as a potential short-term swing target before XRP fell below the level.

He now sees $1.11 as a possible base, with $1.07 and $1.05 as additional support areas if $1.11 fails. Humphries connected $1.07 to a price XRP traded at in November 2021 and discussed its historical significance on the monthly chart.

Humphries cited NVIDIA’s decline, uncertainty around AI-related trading, interest rates and an upcoming inflation report as factors weighing on markets. He also linked weakness in crypto to a decline in Bitcoin.

Humphries said he had consolidated his holdings and was keeping cash on hand while waiting for the market to stabilize before taking new trades. The revised support view follows an earlier move toward $1.15, when large holders added nearly 16.5 million XRP.