XRP Crashes 18% This Month: But Here Are the Bullish Signals You Shouldn’t Ignore

XRP has fallen 18% this month, slipping to $2.19 at press time. The drop has introduced the value close to a robust help stage, which might resolve its subsequent transfer.

In the final 24 hours, Ripple’s token rose by 1%, and over the previous week, it gained 3%. Daily buying and selling quantity is $3.89 billion. XRP continues to be buying and selling 40% under its July 2025 high of $3.65.

XRP Tests Critical Support

Analyst CRYPTOWZRD described the present transfer as one other “inverse parabolic decline.” The same drop earlier this yr led to a fast rally. This latest drop is even sharper. According to the identical analyst,

“Sharp declines usually precede an equally violent rally.”

Notably, the market is now watching to see if the $2.00 help zone can maintain. If it does, XRP might aim for the $2.60 space, which is the center of its latest buying and selling vary.

Consolidation Could Be a Setup

ChartNerd shared a long-term chart exhibiting XRP in a multi-month consolidation part. This vary is forming simply above a serious stage that when marked its all-time high shut and now acts as important help.

The asset has remained regular inside this field for a number of months. If it holds, the subsequent goal might be round $8.00. This space comes from a Fibonacci projection used to estimate breakout strikes.

“Valid so long as help holds,” the analyst famous.

Moreover, one other chart from ChartNerd shows XRP could also be close to the ultimate leg of a wave sample. This construction contains 5 phases, and XRP seems to be in the fourth part. The present consolidation sits simply above the 2021 high, now performing as help.

The fifth and ultimate transfer, if it occurs, factors towards $24. This view relies on the Elliott Wave construction, which tracks patterns in value over time.

ETF Flows and Market Liquidity

ETF exercise round XRP has picked up. Data shared by CryptosRus reveals sturdy inflows into new funds, with over 80 million tokens added on the first day. Grayscale and Franklin Templeton noticed $130 million mixed at launch. Canary’s fund holds the largest share, now at $331 million.

Meanwhile, merchants are additionally waiting for a breakout from a doable flag sample. The subsequent short-term transfer might goal $2.35 to $2.45. Heatmap knowledge from Steph Is Crypto shows high liquidity between $2.30 and $2.40.

“This zone stays a magnet,” the put up learn.

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