XRP Faces Further Decline Before Cycle Bottom
The price of XRP has been volatile in recent times, and historical market data suggests that it may still have room to decline before finding its cycle bottom. After a brief recovery last week, climbing to $1.69, sellers pushed the price back down, and it fell toward $1.42. However, the weekly chart indicates that XRP may not have reached its cycle bottom yet.
The current price action bears resemblance to what happened during the previous bear cycle, particularly after XRP faced rejection at the 1-week 50-period moving average (MA50). Based on this pattern and several important support levels, XRP could still have another move lower before finding a lasting bottom.
XRP has traded inside a broad Channel Up pattern since April 2021, containing its major price movements through the 2022 bear market, the following accumulation period, and the rally that led to a new Higher High at $3.66 in July 2025. The July 2025 peak marked the confirmed top of the latest Bull Cycle.
The recent rejection at the 1-week MA50 has become one of the most important developments on the chart, similar to XRP's position in 2022. In September 2022, XRP made another move lower before getting close to its previous cycle low, and it could see another decline before finding stronger support.
Several technical levels now point toward the $1 to $0.8 range as a possible area for XRP to find its cycle bottom. The combination of these levels makes the zone more important than any single support level on its own. A monthly close above the 1-month 150-period moving average (MA150) would keep the long-term Channel Up structure intact.