XRP (XRP) is printing a convincing bearish continuation on its daily chart, with a higher likelihood of the price dipping toward or below $1 in the coming weeks.
XRP’s daily chart shows a bearish breakdown from a symmetrical triangle, raising the risk of a deeper decline toward $0.97 in the coming weeks.
Analyst Crypto Patel’s bullish XRP outlook still leaves room for another leg lower.
His two-week chart marks $1.30–$1.10 as the first accumulation zone after XRP’s roughly 66% pullback, arguing that similar accumulation in 2024 preceded an 835% rally. He also lists long-term upside targets at $5, $10 and $15.
But that view is not purely bullish in the short term. Patel’s deeper “generational entry” zone sits near $0.85–$0.65 if current support fails.
That overlaps with ChartNerd’s fractal view, which suggests XRP can still drop toward $0.90–$0.70 before any major reversal. His monthly chart also shows XRP’s RSI approaching a historically oversold zone, a level that has appeared only a few times in the past 13 years.
XRP may be entering a long-term accumulation phase, but that does not rule out more downside first. A drop below $1.10 would make the $0.90–$0.70 range the next major area to watch.
Institutional demand for XRP is showing signs of resilience despite the price decline.
SoSoValue data shows US spot XRP ETFs posted $4.13 million in daily net inflows, while total net assets stood at around $1.11 billion. That is notable with XRP trading near $1.30, close to multi-month lows.
The flows are much smaller than the November–December surge, when some daily inflows topped $100 million–$200 million. Still, the absence of sustained redemptions suggests ETF investors are not exiting aggressively into weakness.
This creates a mild bullish divergence. XRP’s spot price remains under pressure, but ETF demand has stayed positive. In simple terms, institutions appear to be buying the dip rather than capitulating.
Yashu Gola is a crypto journalist and analyst with expertise in digital assets, blockchain, and macroeconomics. He provides in-depth market analysis, technical chart patterns, and insights on global economic impacts. His work bridges traditional finance and crypto, offering actionable advice and educational content. Passionate about blockchain's role in finance, he studies behavioral finance to predict memecoin trends.