About $60 million in XRP open interest was wiped out within days, with most of the move reportedly on Bybit. Even as RSI weakened sharply, XRP held near $1.16, keeping focus on whether the market is undergoing a reset rather than a broader structural breakdown.

Analyst EGRAG says XRP’s deep RSI reset has not broken its broader structure. He is watching RSI 44 as the first recovery signal, with 50 and 80 as higher momentum levels to monitor.

XRP surged roughly 15% on Friday to $1.30-$1.40 after hitting its lowest since November 2024. Oversold conditions, $40M in liquidations, and Ripple's 300M token unlock drove volatility. Analyst EGRAG Crypto eyes $1.85 as bullish trigger and $1.28 as risk management floor.

Santiment data shows XRP sentiment slipping into FUD territory as bullish and bearish commentary nearly evens out. XRP is trading near $1.35, with $1.30 seen as key support and $1.50 remaining the main upside hurdle.

Analyst EGRAG Crypto flags XRP's two-week close as a decisive event, with price trapped between $1.00 support and $1.20-$1.65 resistance. A close above $1.65 could flip bullish, while losing $1.05 risks deeper decline to $0.77.

Ripple's CTO David Schwartz and insiders suggest crypto adoption figures may be far larger than publicly reported. Analysts argue that if XRP becomes embedded in payment rails and tokenized asset platforms, sustained use could drive prices toward $100.

XRP is trading at $1.43 and testing its 100-day moving average. Analyst EGRAG CRYPTO says the key signal is not the recent triangle breakdown, but whether XRP stays inside the broader “Bifrost Bridge” channel.

XRP price reached $1.10 ahead of a key Senate procedural vote on the CLARITY Act scheduled between July 13-17. Technical resistance sits at $1.12; analysts highlight $0.85-$1.20 accumulation zone with cycle targets up to $15. XRP ETFs show cumulative inflows of $1.48 billion.