XRP Faces Short-Term Pressure While Analysts Stay Bullish on 2026
Early in the workweek, the well-known cross-border token XRP saw slight rises along with the rest of the market. It did not, however, break $1.95, and as of this writing, the rejection has caused it to go below $1.90. This level of support has been referred to as crucial. Popular XRP Army member Cobb also commented on the waning sentiment. However, the expert simply declined to be pessimistic about XRP. Next year, he even projected a new all-time high.
Rising Fear Around XRP May Signal a Surprise Reversal
The recent breakout failure and the state of the market as a whole have made investors more pessimistic. This perspective has been strengthened by XRP’s roughly 50% decline since its peak in July. Santiment’s data show that the quantity of unfavorable remarks on Ripple’s native asset on social media has actually increased far more than usual.
However, this can turn out to be XRP‘s hidden advantage. The analytics platform pointed out that prior instances of this kind had resulted in instantaneous price reversals. This year, there were multiple instances of this type, notably in late June. XRP surged to the previously reported all-time high of $3.65 a few weeks later.
XRP ETF Streak Continues, But Technicals Signal Caution
Some people, particularly those who keep up with ETF developments, may be surprised by the asset’s 1.85% drop during the last day. Since the initial release of the spot XRP ETFs on Wall Street on November 13, they have been on a remarkable run. Only green days have been noted since. On the other hand, people who pay attention to technical indications like the TD Sequential may have predicted today’s correction. Following a double-digit surge over the previous few days, the metric flashed a sell signal for XRP, as was reported yesterday.
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