XRP (XRP) has fallen nearly 63% from its multi-year high of $3.66 to trade at $1.36 on Wednesday, a technical situation that might have a bearish impact on the worth, in response to a market analyst.
Key Takeaways:
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XRP gave the impression to be bearish below $1.40, with technicals pointing to an extra decline towards $0.70-$1.
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Sustained spot XRP ETF inflows, whale accumulation, and a surge in lively addresses could negate the bearish outlook.
Where will XRP price bottom?
In a Tuesday post
The Gaussian Channel is a technical evaluation indicator used to discover trends, detect potential support/resistance levels and overbought/oversold conditions.
The chart below shows that each time XRP price has risen, it has corrected to retest the upper regression band of the Gaussian channel, currently at $1.16.
Historically, this has resulted in three to 4 months of “further decline towards the center regression band of the Gaussian channel before marking a foundation and continuing the upward trajectory,” the analyst said, adding:
“The median regression band is currently around $0.70, which can also be a one-year resistance level dating back to 2023/2024 and has not yet been tested for support.” XRP/USD monthly chart depicting the Gaussian channel. Source: Chart Nerd
Chart Nerd added that this scenario shall be confirmed if XRP falls below the local lows of $1.12 reached on Friday.
Meanwhile, analyst Crypto Patel said that while a drop to $1 would represent a superb entry zone for XRP buyers, the “best accumulation zone” may very well be $0.50 to $0.70.
“Currently, XRP/USDT is roughly 70% below its recent peak. After a historic 96% decline from $3.28 to $0.1050 in 2018,” an analogous crash is “unlikely,” the technical analyst said, adding:
“A corrective retracement below $1 stays possible.”
XRP/USD monthly chart. Source: Crypto Patel
As Cointelegraph reported, the likelihood of XRP falling below $1 increased once the worth was rejected from the 200-week moving average around $1.40.
Is there hope for XRP price recovery?
Despite XRP’s price weakness, institutional demand and whale accumulation continued.
Spot XRP ETFs launched in late 2025 have now reached a cumulative net inflow of $1.23 billion. Tuesday's $3.26 million inflows marked the fifth consecutive day of inflows, bringing total assets under management to $1.01 billion.
Spot XRP ETFs flow table. Source: SoSoValue
“Institutional demand and XRP ETF inflows proceed, with continued spot ETF net inflows underscoring institutional confidence,” said trader Levi in a recent post on X.
XRP's recent rally to $1.50 from $1.12 got here as speculators debated whether the worth would fall below $1, market research platform Santiment said in a recent post on X.
Another hope for bulls is that whales accrued in the course of the crash as transactions of over $100,000 in XRP surged to a four-month high of 1,389.
The variety of lively addresses on the
“These are each necessary signals of a price reversal for any asset.”
Daily lively XRP addresses and whale transactions. Source: Santiment
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