XRP trades near $1.10 as analysts cite RSI, MACD, Fibonacci support, and wedge signals hinting at a rare bullish bottom formation.
XRP trades near $1.10 as chart analysts debate whether the token has already found its bottom. The coin posted a 24-hour trading volume of $577,045,061, per CoinGecko data.
Prices moved up 0.03% over the past day and 0.19% across the week.
Several traders now point to a rare mix of technical signals lining up at once. Where could XRP be headed next?
XRP Technical Signals Point To A Reversal Zone
Analyst LongTermHold3r highlighted the weekly chart’s relationship with the 200 SMA. The moving average has acted as a magnet for price whenever XRP approaches it, the analyst noted.
Growing market maturity, deeper liquidity, and rising institutional participation get credited for this pattern. That dynamic has turned the 200 SMA into what the analyst called a major reversal zone.
🚨 ripple:native continues to flash strong trend reversal signals!
As this weekly chart clearly shows, the magnetic effect of the 200 SMA on XRP’s price has strengthened over the years whenever price approaches it. This is likely due to increasing market maturity, deeper… pic.twitter.com/sJ74CiTTcL
— Long-Term Holder (@LongTermHold3r) July 26, 2026
Momentum indicators add weight to the theory.
The MACD shows a bullish divergence, according to the analysis, with early signs of upward momentum building.
RSI has moved sideways near oversold territory, a pattern often tied to fading seller pressure. Both signals together suggest the selling phase may be running out of steam.
Fibonacci And Wedge Patterns Strengthen The Case
Additional support comes from the 0.618 Fibonacci retracement level, a widely watched marker among technical traders.
XRP also sits at the support line of a falling wedge pattern.
Falling wedges are typically read as bullish reversal formations once price holds the lower trendline. LongTermHold3r described the combination of these signals as a very strong confluence zone.
The analysis argues a deeper correction now looks less probable given this alignment.
Instead, the chart points toward an immediate bullish rebound as the more likely outcome. Traders following this view see the current price zone as a setup rather than a random dip.
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 weighed in with a broader macro angle on the debate. The core bullish argument rests on XRP staying above $1 and bottoming in June, ahead of Bitcoin, mirroring patterns from 2014 and 2022.
Besides the charts, the core argument that $XRP avoids dropping below $1 and puts in a June bottom ahead of Bitcoin (similar to 2014 and 2022) relies on newly found strong institutional ETF demand, whale accumulation, and previous historical cycle rhythms.
However, the FEDs…
— 🇬🇧 ChartNerd 📊 (@ChartNerdTA) July 26, 2026
Strong ETF demand and whale accumulation get cited as supporting factors for that thesis.
The Federal Reserve’s hawkish hold shifted the picture, according to ChartNerdTA. Stronger than expected economic data forced investors to price out further rate cuts. That shift triggered a liquidity crunch, dragging the broader crypto market into a risk-off correction.
XRP tagged its $1 floor during that stretch, per the analyst’s account.
ChartNerdTA framed the moment less as a bottom call and more as an “area of opportunity.” Lower downside targets remain possible given ongoing macro pressure, the analyst wrote.
Even so, historical cycle data and institutional interest around June lows keep the bottom thesis alive. Both analysts agree the coming period carries real significance for XRP’s next move, even as they frame the risks differently.
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