XRP has reached its lowest point since late 2024, dropping to $1.009 on June 26, 2026. This recent decline has sparked concerns about the currency’s future, even as steady inflows into XRP spot ETFs suggest that institutional interest remains strong. This paradox highlights a growing dichotomy between sustained investment through funds and broader market forces pressuring XRP downward.
What Drives ETF Inflows?
The ongoing investment into XRP spot ETFs is attributed to their ability to absorb some of the circulating supply, despite weakened demand and declining speculative activities hindering price recovery. While XRP is integral to the Ripple ecosystem, primarily used for cross-border payments, this has not been sufficient to spark a notable rally recently.
Futures data remains tepid, reflecting the same lackluster market conditions. Open interest has stabilized at about 400 million XRP, and the Open Interest Turnover Ratio lingers at 0.71, indicating limited speculative drive.
According to Arab Chain, monitoring open interest and turnover ratios could be crucial for anticipating dramatic price trends.
Can Technical Analysis Predict a Reversal?
No, technical indicators continue to suggest a bearish outlook for XRP. Daily chart analysis confirms a downturn since July 2025, exacerbated by a break below the April 2025 low of $1.61, cementing the negative trend. Although there was a slight recovery in mid-June toward the 78.6% Fibonacci retracement, further selling pressure pushed XRP back to $1.05.
Indicators provide a clearer picture:
- June 26, 2026, low – $1.009
- Mid-June peak – $1.2935
- Resistance at $1.13
- Potential downside to $0.975 and $0.854
Should the selling momentum continue, the trading community is eyeing potential falls below $0.975 and $0.854, as speculation over breaching $1 in July heats up.
Historically, XRP has shown resilience around the $0.90 to $1 levels, with buyers often stepping in. Whether this trend continues, with resistance now at $1.13, remains to be seen. A breakthrough past this resistance could herald renewed strength.
Celal Kucuker suggests XRP could reach $10 in a year if it maintains support, though noting such gains would come with increased volatility.
Recent patterns of positive divergence on daily charts also suggest fading selling pressure. Analyst ChartNerd compares this decline to past bearish cycles, noting the current one is relatively shorter, hinting at a potential stabilization phase.
For now, the market’s focus is firmly on the $1 level. Holding above this crucial threshold remains vital for another attempt at breaching the $1.13 resistance. Conversely, dropping below could shift the focus to a new support zone between $0.87 and $0.90.
