XRP has returned to a key price range identified by cryptocurrency analyst JD, known on social media as @jaydee_757, marking a significant moment for traders following his technical outlook over recent months.
Key price zone retested
JD has been monitoring this “grey box” price region since early August, sharing his analysis with followers and Patreon subscribers. The zone spans between $1.25 and $1.30, where XRP now trades after a noticeable pullback from its recent high near $1.4197.
According to JD, this area represents a dollar-cost averaging (DCA) zone that he had highlighted well in advance of the current sell-off. The pullback into this range has reinforced his earlier technical perspective.
JD’s recent social media post emphasized the asset’s precise return to the targeted area, writing, “We crashed right back into my grey box again,” underscoring the alignment between his chart and XRP’s price action.
“We crashed right back into my grey box again,” JD wrote in reference to the DCA area, highlighting the accuracy of his technical forecast and alerting followers to ongoing risks.
Technical chart details
JD’s chart highlights several notable features on the weekly timeframe. XRP currently trades below its EMA, positioned at $1.5085. The gap between the price and this key moving average underlines persistent selling pressure that has weighed on the asset throughout recent weeks.
In addition to the orange-highlighted DCA zone, the chart displays a downward-sloping yellow trendline, which provides additional context for the bearish momentum currently affecting XRP.
The asset has produced a series of red weekly candles, with price action drifting steadily into the identified support region, reinforcing JD’s technical thesis.
| Metric | Current Value | Relevant Zone |
|---|---|---|
| Price | ~$1.28 | $1.25–$1.30 (DCA zone) |
| Weekly EMA | $1.5085 | Above current price |
| Recent High | $1.4197 | Prior to latest pullback |
Ongoing warning signs
Despite the technical precision, JD urged caution, stating that major warning signs remain. He indicated that these signals must be resolved before he considers any shift from his bearish outlook. While he did not list every specific risk, his chart and commentary suggest that holding the “grey box” support is critical for any potential stabilization.
Should XRP lose this level, JD expects a much deeper correction, saying he stands ready to increase his buying activity via additional dollar-cost averaging if prices drop further.
JD cautioned that unless critical warning signs are negated, he expects a much deeper crash and will be increasing his DCA strategy accordingly.
Approach to dollar-cost averaging
Dollar-cost averaging is a strategy where investors purchase fixed amounts of an asset at regular intervals, regardless of price fluctuations, in an effort to reduce market timing risk. JD’s approach focuses on accumulating XRP at these pre-determined levels, a method he considers more disciplined than reacting to daily swings. The fact that this price region was flagged months ahead lends additional significance to its retest.
JD announced plans for a full chart update, which is expected to provide further clarity on whether warning signs are subsiding or if lower targets may emerge. Defending the $1.25–$1.30 level remains his central concern in the near term.
Mini dictionary: Dollar-cost averaging (DCA) is an investment strategy that involves buying a fixed dollar amount of an asset at regular intervals, regardless of its price, in order to average out the purchase price over time and reduce the impact of volatility.
