XRP is currently trading around $1.10, and analysts believe several technical indicators – including the Relative Strength Index (RSI), Moving Average Convergence Divergence (MACD), Fibonacci levels, and a wedge pattern – suggest a potential rare bullish reversal, indicating the price may be bottoming out.
As a researcher tracking cryptocurrency markets, I’ve noticed XRP is currently trading around $1.10. There’s some discussion among technical analysts about whether the recent price dip represents the lowest point we’ll see for this token. Trading volume over the past 24 hours reached over $577 million, according to data from CoinGecko.
Prices moved up 0.03% over the past day and 0.19% across the week.
Traders are noticing a unique combination of technical indicators, leading them to wonder what’s next for XRP.
XRP Technical Signals Point To A Reversal Zone
An analyst named LongTermHold3r pointed out how the XRP price tends to react around its 200-week Simple Moving Average (SMA). They observed that the SMA seems to pull the price towards it whenever XRP gets close.
This trend is happening because the market is becoming more established, there’s more money flowing into it, and more institutions are investing. As a result, the 200-day Simple Moving Average has become a key level where the price is likely to change direction, according to the analyst.
🚨 ripple:native continues to flash strong trend reversal signals!
This weekly chart demonstrates that XRP’s price consistently reacts strongly to the 200-day Simple Moving Average (SMA). Over time, this reaction has become more pronounced, probably because the market is becoming more established and liquid.
— Long-Term Holder (@LongTermHold3r) July 26, 2026
Momentum indicators add weight to the theory.
The analysis suggests the MACD is showing a bullish divergence, indicating that upward momentum is starting to build.
As a crypto investor, I’ve been watching the RSI, and it’s been kind of flatlining near where we usually see buying opportunities. This, combined with other indicators, makes me think the recent selling pressure is starting to ease up, and we might be nearing a bottom.
Fibonacci And Wedge Patterns Strengthen The Case
Traders are also watching the 0.618 Fibonacci retracement level for potential support, as it’s a commonly used indicator in technical analysis.
XRP also sits at the support line of a falling wedge pattern.
Falling wedges often signal that a downtrend might be ending, especially when the price stays above the lower edge of the wedge. One trader, LongTermHold3r, noted that seeing these patterns together creates a particularly strong indication of a potential price increase.
The analysis argues a deeper correction now looks less probable given this alignment.
Looking at the chart, I’m leaning towards an immediate bounce back in prices – it seems like the more probable scenario. Those who agree with me aren’t seeing this current level as just a temporary drop; they view it as a potential buying opportunity.
Read also: History Suggests XRP May Bottom Before Bitcoin, But There’s a Catch
Macro Pressure Complicates The XRP Bottom Debate
Not every trader reads the setup the same way.
ChartNerdTA offered a wider perspective on the discussion, focusing on overall market trends. The main reason to be optimistic about XRP is that it has remained above $1 and potentially hit its lowest point in June – earlier than Bitcoin. This pattern is similar to what happened in 2014 and 2022.
The main idea – that XRP won’t fall below $1 and likely hit its lowest point for June, before Bitcoin does (like in 2014 and 2022) – is supported by a few key things. These include recently discovered strong demand for XRP ETFs from institutions, large investors (‘whales’) buying more, and patterns observed in XRP’s price history.
However, the FEDs…
— 🇬🇧 ChartNerd 📊 (@ChartNerdTA) July 26, 2026
Strong ETF demand and whale accumulation get cited as supporting factors for that thesis.
According to ChartNerdTA, the Federal Reserve’s continued focus on controlling inflation changed the market outlook. Better-than-expected economic reports led investors to believe interest rate cuts were less likely. This change caused a shortage of available funds, which then led to a downturn in the overall crypto market as investors became more cautious.
XRP tagged its $1 floor during that stretch, per the analyst’s account.
ChartNerdTA didn’t see this as a definitive low point, but rather as a potential buying opportunity. The analyst noted that further price declines are still possible due to broader economic challenges.
Despite recent challenges, historical patterns and growing interest from institutions suggest XRP could still find support around its June lows. Analysts on both sides agree the next few weeks will be crucial for determining where XRP goes next, though they have different views on the potential risks.
2026-07-26 20:29