TubeRank
XRPBearpending
Stock MoeStock Moe

Target Price

$0.88

88 cents at one point I said 88 cents is where I think we will hit right there it is if we can't hold that line that dollar line.

Thesis at the time

Bearish

Stock Moe describes XRP as in a technically weak position, having broken below the $1.04 weekly support and now trading near or below $1, with RSI near 35 signaling continued bearish pressure without an oversold bounce. He expects further downside if the $1 level fails to hold, while also flagging regulatory catalysts (Congress's Clarity Act vote in September) as a wildcard.

Key arguments

  • XRP broke below the $1.04 weekly support level he had been tracking and is now trading near/below $1
  • RSI is around 35, showing sustained selling pressure without a clear oversold reversal setup
  • Congress is on break until September and any Clarity Act vote is uncertain, adding regulatory overhang
  • Rising Fed rates would further pressure risk assets like crypto

Counter-arguments acknowledged

  • A short-term wick/bounce back above the level is possible but less likely than continuation lower

Hedges and caveats (from the video)

  • Creator acknowledges uncertainty about exact timing and price levels
  • Admits people have disagreed with bearish outlook
  • States 'I don't want to see that' regarding price decline
  • Relies on technical analysis which can be subjective
  • Video contains promotional links for paid memberships and trading platforms
  • Creator uses speculative language ('I'm concerned about', 'scary stuff')

The call

Date said
Aug 12, 2026
Price at prediction
$11.40
Current price (live)
$1.63$0.75 above target
Confidence
low
Specificity
specific

How it resolved

Status
pending

Confidence Reasoning

Conditional on losing the $1 support level and hedged with 'I think', reducing conviction strength.