\n<\/p>\n
\n\t\t\t\t\t\t\t\t\tA potential ascent to $1.16 would invalidate the bearish outlook. \t\t\t\t\t\t\t\t<\/p>\n<\/p><\/div>\n
The past months have not been kind to Ripple\u2019s cross-border token, whose price is down roughly 65% on a yearly scale.<\/p>\n
One analyst warned that it may soon fall well below the $1 psychological mark, while many others remain optimistic that a major rebound is coming next.<\/p>\n
As of press time, XRP trades at around $1.08, which translates into a 4% weekly loss. According to X user Hamza, the asset\u2019s recent decline has resulted in a breakdown from a critical symmetrical triangle that could lead to an additional pullback.<\/p>\n
The analyst claimed<\/a> that retail is still \u201cbagholding on hope\u201d while smart money had left and set a target of $0.836. At the same time, they said a potential rise to $1.16 would invalidate the bearish setup.<\/p>\n FOUR | Crypto Spaces also issued<\/a> a pessimistic forecast, envisioning a plunge to $1.02, while Carl Hawley opined<\/a> that XRP has shown \u201cextreme weakness\u201d on higher timeframes, making the asset the most oversold since COVID times. Usually, entering such a territory is a precursor to a resurgence, yet the analyst couldn\u2019t predict the exact direction of the upcoming move, saying:<\/p>\n \u201cCapitulation or opportunity? The next few weeks could be decisive.\u201d<\/p>\n<\/blockquote>\n The rising number of XRP tokens stored on Binance suggests the bearish perspective is more likely. The figure has reached a nearly three-week high of approximately 2.62 billion coins, signaling that some investors have abandoned self-custody methods and moved their holdings to the exchange. This, in turn, increases the immediate selling pressure.<\/p>\n It is important to note that the majority of people making XRP predictions remain optimistic. X user MARMOT recently claimed<\/a> that the asset is repeating the exact pattern from 2017, which led to a 60,000% explosion. They believe the path to the next bull run involves three different phases, envisioning an eventual ascent to a new all-time high of $13.<\/p>\n Celal Kucuker also chipped in, seeing<\/a> compression, exhausted sellers, and asymmetric risk. In their view, if XRP breaks above its current structure, those who called for $0.50 may suddenly start calling for $10.<\/p>\n The most bullish forecast came from xrpl_Adam, who suggested<\/a> that Ripple\u2019s native token may become a $100 trillion asset in the future. As of now, it\u2019s hard to imagine an explosion of that magnitude, given that the entire market capitalization of the crypto sector is around $2.3 trillion.<\/p>\n\n
The Bullish Scenarios<\/h2>\n
You may also like:<\/h3>\n
\nLIMITED OFFER for CryptoPotato readers at Bybit: Use this link<\/a> to register and open a $500 FREE position on any coin!<\/b><\/div>\n<\/div>\n
![<\/a>XRP Binance Reserves, Source: CryptoQuant<\/figcaption><\/figure>\nThe Bullish Scenarios<\/h2>\nIt is important to note that the majority of people making XRP predictions remain optimistic. X user MARMOT recently claimed<\/a> that the asset is repeating the exact pattern from 2017, which led to a 60,000% explosion. They believe the path to the next bull run involves three different phases, envisioning an eventual ascent to a new all-time high of $13.<\/p>\nYou may also like:<\/h3>\nCelal Kucuker also chipped in, seeing<\/a> compression, exhausted sellers, and asymmetric risk. In their view, if XRP breaks above its current structure, those who called for $0.50 may suddenly start calling for $10.<\/p>\nThe most bullish forecast came from xrpl_Adam, who suggested<\/a> that Ripple\u2019s native token may become a $100 trillion asset in the future. As of now, it\u2019s hard to imagine an explosion of that magnitude, given that the entire market capitalization of the crypto sector is around $2.3 trillion.<\/p>\n\nSPECIAL OFFER (Exclusive)<\/span><\/center>\nLIMITED OFFER for CryptoPotato readers at Bybit: Use this link<\/a> to register and open a $500 FREE position on any coin!<\/b><\/div>\n<\/div>\n<\/p><\/div>\n\nSource link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":" A potential ascent to $1.16 would invalidate the bearish outlook. The past months have not been kind…\n","protected":false},"author":2,"featured_media":45201,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[13],"tags":[],"class_list":["post-45884","post","type-post","status-publish","format-standard","has-post-thumbnail","category-crypto","cs-entry","cs-video-wrap"],"_links":{"self":[{"href":"https:\/\/financialrush.com\/index.php?rest_route=\/wp\/v2\/posts\/45884","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/financialrush.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/financialrush.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/financialrush.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/financialrush.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=45884"}],"version-history":[{"count":0,"href":"https:\/\/financialrush.com\/index.php?rest_route=\/wp\/v2\/posts\/45884\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/financialrush.com\/index.php?rest_route=\/wp\/v2\/media\/45201"}],"wp:attachment":[{"href":"https:\/\/financialrush.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=45884"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/financialrush.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=45884"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/financialrush.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=45884"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}](\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2026\/07\/XRP-Reserves-on-Binance.png\"){kind=link}