Ripple Price Forecast: XRP decline targets $1.00 support

Source Fxstreet
  • XRP extends its correction for the third consecutive day amid a dominantly weak technical structure.
  • Very mild retail and institutional demand fails to lift XRP’s outlook, as headwinds weigh on price action.
  • The Parabolic SAR is in line to provide support near $1.04 and prevent the sell-off from reaching $1.00.

Ripple (XRP) remains in a dominant bearish trend, trading at $10.08 as of Monday. This marks the third straight day the remittance token has extended its correction, with targets at the next key support levels of $0.04 and $1.00, respectively.

XRP attracts mild capital inflows

Appetite for XRP investment products has remained significantly suppressed despite marginal improvement in sentiment. According to the crypto Fear & Greed Index, sentiment analysis remains in Fear Territory at 28 on Monday, up slightly from 26 the previous day and 24 last week.

Crypto Fear & Greed Index | Source: Alternative

Inflows into XRP spot Exchange-Traded Funds (ETFs) returned on Friday, totaling $107,000 following muted activity on Thursday and roughly $7 million in outflows on Wednesday. SoSoValue data shows that cumulative inflows stand at $1.48 billion despite subdued demand. Sustained demand is needed to reinforce XRP’s recovery and lower the risk of dropping below $1.00.

XRP ETF flows | Source: SoSoValue

Retail demand is also on the back foot, even though perpetual futures Open Interest (OI) has increased to 2.13 billion XRP on Monday, from 2.10 billion XRP the previous day.

Nevertheless, an expanded scope shows a general narrowing of retail demand given that OI averaged 2.38 billion XRP on June 23. Hence, demand must hold steady over an extended period to affirm a strong bullish grip. Otherwise, XRP would remain at risk of dropping below the psychological $1.00 level.

XRP Futures OI | Source: CoinGlass

"XRP, currently around $1.08, continues to consolidate following recent regulatory progress. The long-term outlook remains constructive as Ripple expands its payments infrastructure and cross-border use cases, but sustained upside will likely depend on broader improvements in market sentiment and stronger capital inflows into the altcoin market. Until then, range-bound trading is likely to continue," Ryan Lee, Chief Analyst at Bitget Research said in a comment sent to FXStreet.

Ripple once weighed handing XRP to shareholders

Ripple’s CEO Brad Garlinghouse opened up about the difficult moments that followed the lawsuit by the Securities and Exchange Commission (SEC) in 2020, saying that he and the co-founder Chris Larsen considered winding down the company and handing over XRP to shareholders.

Garlinghouse was speaking at the University of Kansas School of Business last week, where he intimated that it would have been the easier path, as opposed to a legal battle with a government he described as having “infinite power and resources.”

“I’m glad in retrospect, but that was not obvious at the time,” Garlinghouse said regarding the hundreds of jobs that would have been lost if they had gone ahead and handed the company to shareholders on a pro rata basis, dissolving it and ultimately ending the suit.

The SEC sued Ripple alleging that it had sold XRP as unregistered securities. Garlinghouse and Larsen were named as respondents in the lawsuit. However, Ripple was granted a second chance when Judge Analisa Torres ruled that XRP in itself was not a security. The SEC and Ripple settled the case in May 2025.

Technical outlook: XRP eyes lower levels

XRP retains a bearish near-term bias as price holds inside a downward parallel channel and below the key Exponential Moving Averages (EMAs). The 50-day EMA at $1.16, the 100-day EMA at $1.26 and the 200-day EMA near $1.47 all sit overhead, suggesting rallies remain corrective within a broader downtrend.

The Relative Strength Index (RSI) hovering around 42 hints at subdued momentum on the daily chart, reinforcing the idea that sellers still have the upper hand unless price can reclaim the overhead structure.

XRP/USDT daily chart

On the topside, initial resistance appears at the channel top around $1.12, with further barriers at the 50-day EMA near $1.16 and then the 100-day EMA at $1.26, before the longer-term 200-day EMA around $1.47 caps the broader recovery scope. Looking down, the Parabolic SAR support around $1.04 is the first level to watch. A sustained break below it would expose the lower boundary of the descending channel near $0.78, where buyers may again attempt to stabilize the pair.

(The technical analysis of this story was written with the help of an AI tool. Know more.)

Open Interest, funding rate FAQs

Higher Open Interest is associated with higher liquidity and new capital inflow to the market. This is considered the equivalent of increase in efficiency and the ongoing trend continues. When Open Interest decreases, it is considered a sign of liquidation in the market, investors are leaving and the overall demand for an asset is on a decline, fueling a bearish sentiment among investors.

Funding fees bridge the difference between spot prices and prices of futures contracts of an asset by increasing liquidation risks faced by traders. A consistently high and positive funding rate implies there is a bullish sentiment among market participants and there is an expectation of a price hike. A consistently negative funding rate for an asset implies a bearish sentiment, indicating that traders expect the cryptocurrency’s price to fall and a bearish trend reversal is likely to occur.

Disclaimer: For information purposes only. Past performance is not indicative of future results.
placeholder
Gold Price Forecast: XAU/USD jumps above $4,350 on US-Venezuela tensions Gold price (XAU/USD) climbs to around $4,370 during the early Asian trading hours on Monday. The precious metal extends its upside amid a renewed surge in geopolitical risk after the United States' (US) capture of Venezuelan President Nicolas Maduro.
Author  FXStreet
Jan 05, Mon
Gold price (XAU/USD) climbs to around $4,370 during the early Asian trading hours on Monday. The precious metal extends its upside amid a renewed surge in geopolitical risk after the United States' (US) capture of Venezuelan President Nicolas Maduro.
placeholder
WTI consolidates below $72.00 as traders monitor geopolitical developmentsWest Texas Intermediate (WTI) – the benchmark US Crude Oil price – steadies during the Asian session on Friday, stalling the previous day's downfall amid mixed messaging from the US and Iran.
Author  FXStreet
Jul 10, Fri
West Texas Intermediate (WTI) – the benchmark US Crude Oil price – steadies during the Asian session on Friday, stalling the previous day's downfall amid mixed messaging from the US and Iran.
placeholder
Gold recovers above $4,100 as traders assess US-Iran conflict Gold price (XAU/USD) rebounds to around $4,120 during the early Asian session on Friday. The precious metal edges higher as traders weigh a resumption of war in the Middle East.
Author  FXStreet
Jul 10, Fri
Gold price (XAU/USD) rebounds to around $4,120 during the early Asian session on Friday. The precious metal edges higher as traders weigh a resumption of war in the Middle East.
placeholder
WTI rally takes a timeout amid signs of US-Iran war de-escalationWest Texas Intermediate (WTI) Oil futures on NYMEX trade slightly lower to near $71.50 during the European trading session on Friday. The Oil price extends its correction after posting a fresh over two-week high at $75.73 on Wednesday.
Author  FXStreet
Jul 10, Fri
West Texas Intermediate (WTI) Oil futures on NYMEX trade slightly lower to near $71.50 during the European trading session on Friday. The Oil price extends its correction after posting a fresh over two-week high at $75.73 on Wednesday.
placeholder
WTI surges above $74.00 as US-Iran strikes reignite Hormuz risksWest Texas Intermediate (WTI) oil price rises after two days of losses, trading around $74.20 during the Asian hours on Monday.
Author  FXStreet
10 hours ago
West Texas Intermediate (WTI) oil price rises after two days of losses, trading around $74.20 during the Asian hours on Monday.
Related Instrument
goTop
quote