XRP has finally broken below the trading range that held since February, signaling a major shift in market structure. Price now trades near $1.12, down roughly 70% from the July 2025 peak of $3.65. The breakdown follows persistent capital outflows and a sharp decline in open interest, confirming reduced speculative leverage and weak buyer conviction.
Technical charts show XRP remaining firmly below all major moving averages, with the next liquidity zones sitting below recent lows. The daily chart demonstrates a series of lower highs, and the loss of the range floor increases the risk of extended downside unless the token can quickly reclaim lost ground.
Sentiment data from Santiment highlights extreme fear, with the ratio of bullish to bearish commentary dropping to just 1.1:1 — the most pessimistic reading in three weeks. Historically, similar extreme negativity in April and May preceded short-term bounces, though no guarantee exists for a repeat.
Paradoxically, institutional inflows surged to $1.41 billion while retail sentiment cratered. Analysts like Crypto Patel view the broader picture as an accumulation zone between $0.50 and $1.80, with potential upside targets of $5–$15 if buyers eventually regain control of the range. For now, the immediate technical pressure remains firmly on sellers, and any recovery hinges on reclaiming the lost support.
