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XRP price prediction: Weak demand leaves $1 support under pressure

XRP price prediction: Weak demand leaves $1 support under pressure

CryptoNewsNetCryptoNewsNet2026/07/13 20:24
By:CryptoNewsNet
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XRP price prediction: Weak demand leaves $1 support under pressure

XRP price prediction: Weak demand leaves $1 support under pressure image 0  ambcrypto.com 39 m
XRP price prediction: Weak demand leaves $1 support under pressure image 1

Ripple [$XRP] was down 2.23% in the past 24 hours, 4.24% in a week, and 6.83% over the past month. The steady price decline traces its origin back to August 2025, when the altcoin set a swing high, but not an all-time high, at $3.66 before descending.

AMBCrypto reported that the Open Interest has been in decline, showing a reluctance from derivatives traders to place directional bets. Falling exchange reserve trends were also spotted. It suggested accumulation but does not promise a quick recovery.

Low whale-to-exchange flows might be a sign of reduced selling intent from large market participants, but the price trends remained bearish. Sustained negative funding rates could be a medium-term buying opportunity, an analyst observed.

$XRP price prediction- Here’s what a bullish reversal hinges on

XRP price prediction: Weak demand leaves $1 support under pressure image 2 Source: $XRP/USDT on TradingView

The 1-day chart showed a bearish swing structure continuation in June, when the prices slipped below the February swing low at $1.11. This signaled a downward trend continuation.

The technical indicators agreed with this idea. The OBV has been moving sideways in the past six weeks as $XRP prices bounced between $1.0 and $1.2.

The Awesome Oscillator was below the zero line, but did not show strong momentum in progress.

Based on the swing structure and the Fibonacci retracement levels [yellow], a bounce as high as the 78.6% retracement level at $1.529 is possible.

However, it is unclear if the bounce could go that high. Market sentiment across the crypto sphere was pessimistic. The OBV showed a lack of accumulation in recent weeks.

Absent demand meant a price drop below $1 is more likely than a recovery toward $1.5. The falling wedge pattern would need a confirmed breakout above resistance before it can be treated as a reliable reversal signal.

Traders call to action- Wait to buy

XRP price prediction: Weak demand leaves $1 support under pressure image 3 Source: X

In a post on X, popular technical analyst Chart Nerd pointed out that $XRP’s drawdown from the cycle’s peak has not yet reached the average from previous cycles. This average came to 87%.

A bear market correction from the peak would take $XRP prices to $0.44, if this average drawdown figure is met.

As things stand, $XRP traders and investors need to keep an eye on $1.0, $0.85, and $0.60 as the next staunch supports.

Final Summary

  • The dwindling Open Interest pointed to reduced speculative activity around $XRP.
  • Accumulation trends need to be backed by strong spot buying to give the altcoin a chance at recovery.
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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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