XRP has fallen below the critical $1.31 support level, raising concerns of a potential 33% decline to $0.87. The altcoin dipped to an intraday low of $1.281 on Thursday, briefly breaching the support area amid macroeconomic pressures. Although XRP has reclaimed the $1.315 level, market analyst CasiTrades warns of a possible sharp correction, with initial targets set between $1.05 and $1.09. CasiTrades highlights that the current bearish trend could lead to a final leg down to the $0.87 macro support, aligning with the 0.854 Fibonacci retracement level. Despite the downtrend, long-term projections for XRP remain optimistic, with some analysts predicting prices as high as $80 per coin. However, these views are speculative, and investors are advised to conduct thorough research before making decisions.