XRP is trading at $1.04 after losing its bullish structure, with analysts warning of a potential further decline of 20% to 40% before a sustainable trend reversal can occur. Despite the short-term bearish outlook, long-term upside targets of $3, $5, $7, and $10 or more are possible if a bullish pattern emerges. Institutional interest is showing signs of revival, as Franklin Templeton and Bitwise have injected $3.45 million into XRP ETFs, marking the first positive flow in roughly a month. This renewed investment could improve market sentiment, though sustained inflows will be needed to confirm a broader recovery.
XRP is trading at $1.04 with a 24-hour trading volume of $1.03 billion and a market capitalization of $65.15 billion. The token has gained 1.01% over the last 24 hours.
According to crypto analyst Crypto Patel, XRP has declined approximately 72% from its cycle peak and 52% from the breakdown zone. The analyst notes that attention is shifting toward the $0.85 to $0.65 area, which is viewed as a potential macro accumulation zone.
The analyst projects another 20% to 40% drop before any reversal can occur. Long-term upside targets of $3, $5, $7, and more than $10 are possible if a bullish pattern emerges.
Data from Xora Finance shows that Franklin Templeton and Bitwise have made institutional investments totaling $3.45 million for XRP ETFs. This marks a reversal of the first negative flow seen in about a month.
The most recent ETF flow could serve as a key catalyst for XRP price movement if such flows persist in positive territory. Sustained purchases by institutions would indicate increased conviction and generate additional demand for XRP.
The XRP price is expected to stay within the $0.85 to $0.65 accumulation range as investors assess whether selling pressure is exhausted. Continued institutional buying would enhance XRP’s potential for a rebound, while continued selling would delay moves to higher levels.
