Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesStocksEarnInstitutionAI & More
Chart Shows Top XRP DCA Zone at $0.42 to $0.72

Chart Shows Top XRP DCA Zone at $0.42 to $0.72

CryptoNewsNetCryptoNewsNet2026/06/24 21:45
By:CryptoNewsNet
Back to the list

Chart Shows Top XRP DCA Zone at $0.42 to $0.72

Chart Shows Top XRP DCA Zone at $0.42 to $0.72 image 0  thecryptobasic.com 18 m
Chart Shows Top XRP DCA Zone at $0.42 to $0.72 image 1

Chart structure suggests $XRP remains well above top DCA areas, and the price might drop further, offering better entry points.

The $XRP price continues to trade under pressure, as the broader market maintains its corrective phase. Currently, $XRP’s price action sits beneath a cluster of declining moving averages that have capped every recovery attempt since the asset peaked at $3.66 in July 2025.

The broader trend remains firmly bearish, with momentum still favoring sellers as $XRP hovers near the $1.10 support. Meanwhile, chart analysis shows the price might see further downside.

$XRP Long-Term Support Zone Still Below Market Price

On the daily chart, the long-term area attracting the most attention is a broad accumulation range between roughly $0.42 and $0.72. This zone has repeatedly acted as a key price area during previous market cycles.

Chart Shows Top XRP DCA Zone at $0.42 to $0.72 image 2 $XRP DCA Zone

For context, $XRP consolidated around this area for most of 2023 and 2024 before breaking out. The token entered this price zone in March 2023 and accumulated for 20 months, breaking out in November 2024 to higher prices. So far, $XRP has spent 19 months above this support, during which it reached a new all-time high before the current correction.

This long-term range could act as an opportunity zone for $XRP should the current pullback persist. At this region, the asset’s risk-reward ratio becomes significantly more attractive, making it a good point to dollar-cost average (DCA) for existing holders or gain exposure for new holders. Currently at $1.08, the coin would have to fall by 33% to 61% to reach the $0.72 to $0.42 zone.

Price Trend Remains Weak Despite Extended Pullback

Further fueling the expectation that $XRP could fall further is the current structure setup. The asset is trading below multiple exponential moving averages. It trades below both short-term and long-term trend indicators like the 200 EMA, 100 EMA, 50 EMA, and 5 EMA on the daily timeframe, signaling price weakness.

These EMAs also continue to slope lower, reinforcing price weakness. Unless the trend changes, $XRP could continue to visit lower prices. The relative strength index (RSI) also shows a lack of upward momentum in the market as it begins to enter oversold territory.

Nonetheless, previous rallies came after sharp corrections that eventually revisited major support areas. If history repeats, $XRP could continue drifting lower to zones where long-term accumulation becomes more compelling before the next leg up.

On-chain data shows that traders are still expressing skepticism, preferring to observe $XRP from the sidelines. Trading volume has dropped 11% in the past 24 hours, with futures flows also experiencing a net outflow of $32.3 million. Open interest has also dropped by 1.15% to $2.54 billion in the past day.

Chart Shows Top XRP DCA Zone at $0.42 to $0.72 image 3 $XRP Futures Flow/Coinglass
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

US Treasury yields approach 20-year highs! The U.S. debt dilemma enters a "danger zone"—what options does Washington have left?

The borrowing costs for the U.S. government are rising, and there are few easy options left to curb these costs.

智通财经•2026/10/06 01:17

TSMC captures Intel's market and discusses Terafab cooperation with Musk, reaching a record high in stock price

TSMC's US stock closed up 2.8%, while Intel, which joined the Terafab project in April this year, saw its share price fall by 2.6%. Musk confirmed on social media that preliminary discussions have taken place between TSMC and Terafab. According to reports, industry insiders estimate there is over an 80% probability of collaboration between TSMC and Terafab.

华尔街见闻•2026/10/06 00:26

Record-breaking AI chip financing launches distribution: 42 billion senior debt backed by Broadcom credit endorsement, 18 billion subordinated debt awaits Anthropic IPO

According to reports, approximately $42 billion in Broadcom-secured senior secured loans have taken the lead in syndicate distribution, with Bank of America, Citigroup, and Morgan Stanley beginning to sell portions of the debt to other banks. Leveraging Broadcom's A- credit rating, the debt may later enter the private placement or investment-grade bond markets. Additionally, $18 billion in unsecured subordinated debt not guaranteed by Broadcom will be launched later, with Blackstone having committed to subscribe to about $9 billion of it.

华尔街见闻•2026/10/06 00:26