
XRP breaks February support, trades near $1.12 after 70% drop from $3.65 peak.
Institutional inflows hit $1.41B while retail sentiment reaches extreme fear levels.
Analysts see accumulation zone $0.50-$1.80, targeting $5-$15 if buyers reclaim range.
Ripple's XRP has finally slipped below a trading range that held firm since February, signaling a major shift in market structure. For months, buyers defended support and prevented a deeper decline despite repeated tests. That support has now given way. Sellers pushed price below the range floor, increasing bearish momentum and drawing attention to liquidity sitting beneath recent lows. Many traders now believe further downside remains likely unless XRP can quickly recover lost ground and move back inside the former range.
https://twitter.com/MarzellCrypto/status/2062768629129908658 XRP Breakdown Raises Short-term Risks
The recent breakdown comes after a long period of consolidation that kept XRP trapped within a defined range. During that time, price repeatedly bounced from support, creating confidence among traders that buyers would continue protecting the area. That confidence has weakened. With support no longer holding, market participants are watching closely to see whether sellers target lower liquidity zones in the coming weeks.
XRP reached a peak of $3.65 in July 2025 before entering a prolonged correction. Price now trades near $1.12, representing a decline of roughly 70% from that high. While the drop appears dramatic, history shows that XRP has experienced similar corrections several times over the past five years. The current six-month decline of around 47% follows a familiar pattern that long-term holders have seen before.
The bigger question now centers on how much further the correction can extend before buyers return in force.Despite the weak price action, some analysts remain optimistic about the larger picture. Crypto analyst Patel recently shared a four-day XRP chart showing price still trading inside a broad accumulation zone between approximately $0.50 and $1.80.
Fear Reaches Extreme Levels
Sentiment data also paints an interesting picture. According to Santiment, XRP crowd sentiment has deteriorated sharply as price continues to struggle. The ratio of positive to negative commentary has dropped to just 1.1 bullish comments for every bearish comment. That reading marks the highest level of fear, uncertainty, and doubt seen during the past three weeks.
Previous visits to similar sentiment levels produced notable reactions. During late April and early May, bearish sentiment reached comparable extremes before price eventually stabilized and bounced higher. Such patterns do not guarantee another recovery. However, extreme pessimism often appears when many market participants have already sold or reduced exposure.
For now, technical weakness remains the dominant theme. XRP must reclaim the lost range to improve market structure and restore confidence among traders. Until that happens, sellers maintain the advantage. At the same time, strong institutional inflows and deeply negative sentiment suggest conditions may be developing for a larger move once market pressure begins to ease.
