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XRP faces deeper correction risk, possibly dropping 25-40% toward $0.80-$0.65 range.

Technical Signals
04 Aug 2026
Finbold
View Source
Bearish
pluang ai news

XRP closed below its monthly 50-period moving average for the second month, signaling a potential deeper correction. Historical patterns suggest XRP could fall 25-40% to between $0.80 and $0.65, aligning with long-term support levels and a key Fibonacci retracement zone. The monthly RSI indicates a possible buy signal within 3-4 months, but further downside may occur first. Despite near-term bearish momentum, a new bull cycle could emerge after the correction, with a breakout above resistance potentially pushing XRP toward $6.

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