XRP price prediction: Will the $1.0703–$1.1482 range hold as XRP falls 5.15%?

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XRP drops 5.15% today to $1.112

Highlights

XRP holders are realizing increased losses, as the profit-to-loss ratio sharply declines following broad market capitulation.
The upcoming XRP Ledger version 3.2.0 upgrade, supported by active testnet and migration activity, underlines ongoing protocol development despite market pressures.
Technical momentum remains decisively bearish, with XRP projected to trade in a $1.0703–$1.1482 range, and little probability of recovery in the short term.

Capitulation accelerates as realized losses outpace gains post-downturn

Glassnode data indicated a recent sharp decline in the realized profit-to-loss ratio for XRP, as investors recorded losses in the aftermath of a market downturn. This metric suggests sustained capitulation and exit by holders, escalating realized losses relative to gains. Meanwhile, the XRP Ledger's imminent upgrade to version 3.2.0, highlighted by operator migration and testnet deployment activity as reported by 99bitcoins.com, provided signs of ongoing technical development, though price action has remained under broader selling pressure.

Broad technical weakness as all momentum signals align bearish

On the hourly chart, XRP trades below the MA-20 at $1.1365 and the MA-50 at $1.1517, while on the daily chart it remains under the MA-200 at $1.6030. The Ichimoku Kijun level at $1.1440 is acting as immediate resistance. Technical indicators reflect pronounced downside momentum: the MACD points to continued selling activity, the ADX indicates a neutral trend, and the RSI is at 29.7. Both the Commodity Channel Index and Stochastic RSI are in oversold territory, and the Bull/Bear Power (BBP) confirms seller dominance intraday. The Awesome Oscillator also reinforces a persistent negative tone, with all oscillators and momentum signals consistently aligning to describe an intraday environment of sustained downside pressure.

Limited rebound prospects as volatility favors renewed downside

Over the next 2 3 trading days, XRP is forecast to fluctuate within a typical volatility band ranging from $1.0703 to $1.1482. The probability of a rebound is considered very low, with further downside viewed as highly likely absent a clear breakout above immediate resistance near the Ichimoku Kijun. The baseline scenario suggests XRP will remain rangebound, while a bearish move could unfold if the projected support area is breached.

Anton Kharitonov, analyst at Traders Union, highlights persistent technical and sentiment weakness in XRP. He sees continuous price pressure below all major moving averages and little sign of investor re-engagement, despite upcoming network upgrades. Downside momentum remains dominant, with indicators confirming oversold conditions and no bullish trigger in sight. "Unless we see a clear breakout above $1.1440, my base case is for further weakness in XRP in the near term."

Earlier, analysts noted that XRP was trading within a consolidation phase, supported by ongoing development of the XRP Ledger despite mixed technical signals. The recent acceleration of downside momentum and heightened investor losses now signal increased bearish risk, making any sustained move above immediate resistance a vital indicator to monitor for a potential change in direction.

Source of Data: XRP Price Analysis by TU

The analysis is based on a proprietary model combining technical, on-chain, and expert data. Not investment advice. See methodology

The information is based on forecasts and does not constitute investment advice or a guarantee of future results. Market conditions may change. See our Disclaimer and Editorial Integrity for details.