Ripple [XRP] was down 2.23% in the past 24 hours, 4.24% in a week, and 6.83% over the past month. The steady price decline traces its origin back to August 2025, when the altcoin set a swing high, but not an all-time high, at $3.66 before descending.
AMBCrypto reported that the Open Interest has been in decline, showing a reluctance from derivatives traders to place directional bets. Falling exchange reserve trends were also spotted. It suggested accumulation but does not promise a quick recovery.
Low whale-to-exchange flows might be a sign of reduced selling intent from large market participants, but the price trends remained bearish. Sustained negative funding rates could be a medium-term buying opportunity, an analyst observed.
XRP price prediction- Here’s what a bullish reversal hinges on
The 1-day chart showed a bearish swing structure continuation in June, when the prices slipped below the February swing low at $1.11. This signaled a downward trend continuation.
The technical indicators agreed with this idea. The OBV has been moving sideways in the past six weeks as XRP prices bounced between $1.0 and $1.2.
The Awesome Oscillator was below the zero line, but did not show strong momentum in progress.
Based on the swing structure and the Fibonacci retracement levels [yellow], a bounce as high as the 78.6% retracement level at $1.529 is possible.
However, it is unclear if the bounce could go that high. Market sentiment across the crypto sphere was pessimistic. The OBV showed a lack of accumulation in recent weeks.
Absent demand meant a price drop below $1 is more likely than a recovery toward $1.5. The falling wedge pattern would need a confirmed breakout above resistance before it can be treated as a reliable reversal signal.
Traders call to action- Wait to buy
In a post on X, popular technical analyst Chart Nerd pointed out that XRP’s drawdown from the cycle’s peak has not yet reached the average from previous cycles. This average came to 87%.
A bear market correction from the peak would take XRP prices to $0.44, if this average drawdown figure is met.
As things stand, XRP traders and investors need to keep an eye on $1.0, $0.85, and $0.60 as the next staunch supports.
Final Summary
- The dwindling Open Interest pointed to reduced speculative activity around XRP.
- Accumulation trends need to be backed by strong spot buying to give the altcoin a chance at recovery.
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