XRP Price Struggles at Two-Year Lows as Bounce or Capitulation Imminent
XRP's price has been on a steady decline since July 2025, but recent activity suggests it may be gearing up for a bounce from its current critical zone.
The cryptocurrency's price fell as low as $0.99 on Tuesday this week, marking its lowest level in almost two years and retesting levels seen in November 2024.
Despite the bearish bias, XRP is not yet oversold, and a bounce like the one observed in June might occur. However, cryptocurrency markets are highly speculative, and technical price targets may not materialize due to evolving market dynamics.
The recent spike in address activity linked to XRP could be an accumulation indicator, but on-chain data did not register a noteworthy spike in new address activity.
XRP crypto flows still favored the bears, but whale order flows reveal that larger addresses might be positioning for a bounce. Analyst Egrag Crypto believes XRP's next price target on the downside could be around $0.80, while its upside potential is estimated to reach as high as $2.5 if it enters recovery mode.