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XRP Price Prediction: Can Bulls Regain Control Above $1.15?

XRP Price Prediction: Can Bulls Regain Control Above $1.15?

CoineditionCoinedition2026/07/08 13:03
By:Coinedition

XRP continues to face mounting pressure as buyers struggle to regain control after a brief recovery attempt. The token recently lost momentum near an important Fibonacci retracement level, allowing sellers to push prices back below a key short-term moving average. Although XRP avoided a deeper breakdown for now, several technical indicators suggest the market still favors the downside. 

The broader trend continues to point lower because XRP trades beneath every major exponential moving average. Price now sits below the 20-day EMA at $1.1136, while the 50-day, 100-day, and 200-day EMAs remain much higher. This alignment highlights that sellers still control the larger market structure.

XRP Price Prediction: Can Bulls Regain Control Above $1.15? image 0

Moreover, momentum indicators show the recent rebound has already started losing strength. The Stochastic RSI has rolled over from overbought conditions, suggesting buyers no longer hold the same conviction. Consequently, XRP could remain vulnerable unless bulls quickly reclaim higher resistance levels.

The first hurdle stands near the 20-day EMA around $1.1136. Beyond that, the $1.15 to $1.1570 region represents another major obstacle because it coincides with the 50% Fibonacci retracement. A move above the 50-day EMA at $1.1760 would strengthen the short-term outlook. If buying pressure accelerates, XRP could challenge $1.1841 before targeting $1.2318 and eventually $1.2925.

XRP Price Prediction: Can Bulls Regain Control Above $1.15? image 1 Source:

Open interest paints a similarly restrained picture. Earlier peaks above $10 billion have faded dramatically, leaving current open interest near $2.35 billion while XRP trades around $1.11.

Additionally, recent sessions reveal little change in leveraged positioning. Traders appear reluctant to open aggressive new positions despite price stability. This balanced activity suggests neither bulls nor bears have established a decisive advantage. Hence, any meaningful breakout may require fresh participation from derivatives traders.

XRP Price Prediction: Can Bulls Regain Control Above $1.15? image 2 Source:

Spot market data also reflects cautious investor behavior. Net outflows have outweighed inflows throughout the observed period, highlighting continued distribution rather than accumulation.

Although buyers occasionally returned during brief inflow spikes, those purchases failed to shift the broader trend. The latest reading recorded a $21.64 million net outflow with XRP trading near $1.08.

Key levels remain clearly defined as XRP trades within a broader bearish structure despite recent stabilization.

Upside levels: $1.1136 (20-day EMA) serves as the first resistance, followed by the $1.1500–$1.1570 Fibonacci zone. A decisive move above the 50-day EMA at $1.1760 could open the door toward $1.1841 (61.8% Fibonacci retracement), with $1.2318 and $1.2925 becoming the next upside objectives.

Downside levels: Immediate support lies at $1.0757, followed by $1.0500. The most critical floor remains $1.0088, the July low. Losing this level would reinforce the prevailing bearish trend and increase the risk of a move below the psychological $1.00 mark.

Resistance ceiling: The 50-day EMA at $1.1760 remains the key level bulls must reclaim to shift the medium-term trend. Until then, XRP continues trading below all major moving averages, keeping sellers in control.

The technical setup shows XRP consolidating after a failed recovery, while weakening momentum and subdued derivatives activity suggest conviction remains limited. A decisive breakout above the Fibonacci resistance cluster could spark renewed buying interest, whereas a breakdown below key support may accelerate selling pressure.

XRP’s near-term outlook depends on whether buyers can defend the $1.0757 support zone and generate enough momentum to reclaim the $1.15–$1.18 resistance area. A recovery accompanied by rising open interest and sustained spot inflows would strengthen the bullish case and increase the likelihood of a move toward $1.23 and $1.29.

However, continued capital outflows and muted derivatives participation indicate investors remain cautious. If XRP fails to hold above $1.0757, attention will shift to $1.05 and the crucial $1.0088 support. 

A break below that level could expose the token to a deeper decline below $1.00. For now, XRP remains at a pivotal technical crossroads, with price action, capital flows, and trader participation likely to determine its next directional move.

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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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