
XRP has dropped back to $1.29, nearly 65% below its all-time high. This is the third time since September that the token has fallen to this level, and the charts do not yet show a confirmed bottom.
According to an analyst who tracks XRP’s cycles, the next move depends on whether the $1.10 to $1.29 zone holds.
Each Bounce Is Getting Weaker
The two recent bounces from the same support area tell the story:
The weaker second rebound suggests buyers are running out of strength. When XRP fell below its October 8 low, the price action became more choppy.
The Timing Looks Familiar
XRP’s current cycle has followed a similar timeline to its last one:
That low came at $0.985, the 50% retracement of the previous rally. The similar timing is interesting, but timing alone does not confirm a bottom.
History Says XRP Takes Its Time
Even after past lows, XRP has been slow to recover. After the June 2022 bottom, it traded sideways for almost two and a half years, mostly below $0.80. The low only became obvious in November 2024, when XRP broke out of that range and climbed from about $0.50 to above $2 within roughly a month.
There is also a warning from earlier cycles. After its early 2018 peak, XRP made a first low about eight months later. The real bottom came more than two years after the peak, roughly 95% below it. A first low is not always the final one.
XRP Price Levels To Watch
What Would Confirm A Bottom
Confirming a meaningful low would take a strong five-leg rally from support followed by a three-leg pullback that holds above the previous low. That pattern has not appeared yet. Until it does, the chart view is that XRP is in a corrective pullback, and higher prices remain possible as long as the $1.10 to $1.29 zone holds.
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