XRP (Ripple) Reaches Bottom Again... Attempts Rebound Amid Exhaustion of Fear Selling

▲ XRP

XRP has once again reached its low point for 2026. While the downtrend persists after the breakdown of the $1.28 support level, signs of selling fatigue are accumulating, and the possibility of a rebound has emerged as a new market variable.

According to U.Today, a cryptocurrency specialized media outlet, on June 25 (local time), XRP moved around $1.08 after being pushed back again from its short-term resistance level. Since giving up the key support level of $1.28 earlier this month, significant upward momentum has been hard to revive.

The chart trend is still leaning towards bearish. Each rebound attempt has created lower highs, which is interpreted as a sign that sellers still dominate the market structure. $1.28 has turned from a support level into a major resistance level.

However, the price range where XRP is currently trading is not to be taken lightly. This support area previously prevented a sharp decline in February and led to a strong rebound. Markets often retest key demand zones before a major trend reversal.

Oversold signals are also a factor raising hopes for a rebound. While oversold conditions alone cannot confirm a trend reversal, they suggest that fear selling may have largely exhausted itself after a prolonged bearish period. XRP has a history of strong rebounds from extremely pessimistic zones.

The conditions for recovery are clear. XRP remains below its 50-day, 100-day, and 200-day moving averages, and long-term moving averages are still pointing downwards. Expectations for a recovery within a broader range will only be revived if the $1.05-$1.10 support zone is maintained and the price rises above $1.18. Until $1.28 is recovered, the overall trend is more akin to a rebound attempt within a bear market.

*Disclaimer: This article is for investment reference only, and we are not responsible for any investment losses based on it. The content should be interpreted for informational purposes only.*