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Analyst sees XRP's deep correction as a setup for a major new bull run.

Analyst Insights
19 Jul 2026
Coinpaper
View Source
Bullish
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XRP has undergone a significant correction since its all-time high of $3.65 in July last year, but analysts suggest this pullback may be an accumulation phase before a new rally. Historical patterns show XRP often experiences deep corrections over 70% that lead to long periods of accumulation by strong hands, setting the stage for future price surges. Key support at $1.08 remains crucial, with a breakout above $1.10-$1.12 potentially triggering a move toward $1.30 resistance. Institutional interest remains strong, with nearly $1.5 billion inflows into spot XRP ETFs, indicating confidence despite retail cooling. This consolidation phase could be the foundation for XRP's next major expansion and possibly a 10x price breakout if it clears resistance levels.

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