XRP has declined 2.23% in 24 hours, 4.24% in a week, and 6.83% over the past month, continuing a downtrend from a swing high of $3.66 in August 2025. Open interest has fallen, signaling reduced speculative activity, while falling exchange reserves suggest accumulation but do not guarantee a quick recovery. Low whale-to-exchange flows indicate reduced selling intent, yet price trends remain bearish. Sustained negative funding rates may present a medium-term buying opportunity. Technical indicators show a bearish structure, with support levels at $1.00, $0.85, and $0.60. A historical cycle average drawdown of 87% could push XRP to $0.44.
XRP’s price has declined steadily since setting a swing high of $3.66 in August 2025. The altcoin was down 2.23% in the past 24 hours, 4.24% in a week, and 6.83% over the past month.
Open interest has been declining, reflecting reluctance from derivatives traders to place directional bets. Falling exchange reserve trends were also observed, which may indicate accumulation but do not promise a quick recovery.
Low whale-to-exchange flows could signify reduced selling intent from large market participants. However, price trends remained bearish, and sustained negative funding rates might be a medium-term buying opportunity, according to an analyst.
The one-day chart showed a bearish swing structure continuation in June, when prices slipped below the February swing low at $1.11. This signaled a downward trend continuation, and technical indicators agreed.
The On-Balance Volume has moved sideways over 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.
Based on swing structure and Fibonacci retracement levels, a bounce as high as the 78.6% retracement level at $1.529 is possible. However, it is unclear if such a bounce can materialize, as market sentiment across the crypto sphere was pessimistic.
The OBV showed a lack of accumulation in recent weeks. Absent demand makes a price drop below $1 more likely than a recovery toward $1.5.
Technical analyst Chart Nerd noted on X that XRP’s drawdown from its cycle peak has not yet reached the average from previous cycles, which is 87%. If that average drawdown is met, a bear market correction would take XRP prices to $0.44.
As it stands, XRP traders and investors need to keep an eye on $1.0, $0.85, and $0.60 as the next staunch supports. The dwindling open interest points to reduced speculative activity, and accumulation trends need to be backed by strong spot buying to give the altcoin a chance at recovery.
