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.