Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesStocksEarnInstitutionAI & More
XRP Finding Bottom at $1.15 Could Mean 800 Days of Boring Price Action

XRP Finding Bottom at $1.15 Could Mean 800 Days of Boring Price Action

CryptoNewsNetCryptoNewsNet2026/06/13 04:45
By:CryptoNewsNet
Back to the list

XRP Finding Bottom at $1.15 Could Mean 800 Days of Boring Price Action

XRP Finding Bottom at $1.15 Could Mean 800 Days of Boring Price Action image 0  u.today 7 m
XRP Finding Bottom at $1.15 Could Mean 800 Days of Boring Price Action image 1

The cryptocurrency $XRP has likely found its bottom at around $1.15, suggesting the worst is finally behind. However, technical analysis of the weekly chart shows that it is still too early to celebrate, as token holders may be facing an 800-day sideways drift - all the way until the end of 2027.

Data from TradingView confirms that the primary signal of a 2-year flat market is hidden on the weekly timeframe, where the four-year macrocycle makes the 2022 setup and the current 2026 structure look almost identical.

XRP Finding Bottom at $1.15 Could Mean 800 Days of Boring Price Action image 2 $XRP weekly price chart with Bollinger Bands and RSI setups in 2022 and 2026, Source: TradingView

Exactly four years ago, the Bollinger Bands narrowed in the exact same manner, while the Relative Strength Index (RSI) slowly settled near the bottom. This specific combination of factors indicates that volatility has been fully suppressed, signaling that the market has officially entered an accumulation phase.

While retail waits, spot ETFs vacuum up $1.4 billion in $XRP

At the same time, a unique paradox is forming as while retail traders are bored, institutions have arranged a hidden buying campaign. According to reports from SoSoValue, cumulative net inflows into U.S. spot $XRP ETFs have exceeded $1.434 billion. Funds such as Franklin Templeton's XRPZ ETF are recording multimillion-dollar inflows, while May 2026 became the strongest month of the year in terms of capital raised.

XRP Finding Bottom at $1.15 Could Mean 800 Days of Boring Price Action image 3 Total US $XRP spot ETF net inflows, Source: SoSoValue

More to it, every new week, the media space rewards investors with loud headlines about how major banks such as Bank of America, payment giants such as Mastercard, and Ripple are launching new pilots or announcing another stage of $XRP Ledger integration for their cross-border tasks.

However, because mass speculation among ordinary traders is still absent, this is not yet enough to launch an immediate bullish rally.

Where will $XRP be in 2027?

Over the next two and a half years, the coin will most likely continue to move monotonously within the range of $1.15 to $2.00, gradually absorbing institutional billions. $XRP may return to full-scale growth toward $3.50 and higher closer to 2030, when the next major four-year rise in the crypto market begins.

A move above $10.00, however, will become possible only when the liquidity accumulated by funds collides with mass recognition of $XRP as the main global standard for interbank settlements.

0
0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!

You may also like

Federal Reserve meeting minutes: All 19 policymakers support a rate hike in September, but reasons vary; most expect further hikes this year, suggesting no urgency in October.

Most officials view a September interest rate hike as an "insurance" measure against stubborn inflation; a minority see it as a necessary step to curb inflation. Overall, there is no indication of a desire to push for consecutive rate hikes. The "New Fed News Agency" emphasized the minutes: "Most participants believe that it may be appropriate to raise interest rates again before the end of the year." Nearly all officials believe inflation remains elevated and the labor market is close to full employment. Many noted that, despite the rise in long-term U.S. Treasury yields, financial conditions are still conducive to economic growth. Some officials believe that AI will boost investment and productivity, but may also contribute to inflation. The minutes revealed that the U.S.-Japan joint intervention in July to support the yen was a U.S. Treasury action, with no Federal Reserve funds used.

华尔街见闻•2026/10/07 20:07

Solana Consolidates After Sharp Expansion

Cryptonewsland•2026/10/07 19:33

FLOKI Recovery Tests Key Resistance

Cryptonewsland•2026/10/07 18:51

100 Million Barrels Shrinkage? Reports Say EU Believes Oil Reserve Release Plan Mainly Fulfills Previous Commitments, Not New Quotas

Last Friday, G7 member countries agreed to release up to 100 million barrels of crude oil and diesel reserves. The IEA had announced a plan to release 400 million barrels in March, and as of last Friday, about 75 million barrels had yet to be released. Most EU member states believe that this action is simply fulfilling previous commitments rather than adding new releases. Regarding the earlier-than-scheduled release of diesel stocks emphasized in last week's G7 agreement, EU member states consider it feasible, but on a limited scale.

华尔街见闻•2026/10/07 18:41