XRP Price Hits 23-Month Low, Analysts Weigh in on Recovery Chances

XRP's price has hit a 23-month low of $0.99 on Tuesday this week, sparking concerns about its recovery potential.

Despite being one of the top chains, XRP's performance has been underwhelming, with investors questioning whether it's worth adding to their portfolios.

The cryptocurrency has been in decline since July 2025, with a few brief periods of bullish activity. Its current price is at $1, which represents a critical support level for holders.

However, XRP's address activity has seen a slight increase, which could be interpreted as a sign of accumulation. But the lack of new address activity suggests that fresh demand may still be lacking.

An analyst named Egrag Crypto predicts that XRP's next price target on the downside could be around $0.80, while also suggesting it could surge to $2.5 if it recovers. In the long run, they believe XRP could reach as high as $15.