{"id":626080,"date":"2026-07-08T07:35:34","date_gmt":"2026-07-08T07:35:34","guid":{"rendered":"https:\/\/Blockchain.News\/news\/20260708-price-prediction-xrp-bears-own-the-chart-can-106"},"modified":"2026-07-08T07:35:34","modified_gmt":"2026-07-08T07:35:34","slug":"xrp-price-prediction-bears-own-the-chart-can-1-06-hold-or-is-1-01-the-next-stop","status":"publish","type":"post","link":"https:\/\/e-bitco.in\/index.php\/2026\/07\/08\/xrp-price-prediction-bears-own-the-chart-can-1-06-hold-or-is-1-01-the-next-stop\/","title":{"rendered":"XRP Price Prediction: Bears Own the Chart \u2014 Can $1.06 Hold or Is $1.01 the Next Stop?"},"content":{"rendered":"
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Caroline Bishop<\/a> Jul 08, 2026 07:35<\/span> <\/p>\n

XRP is trading at $1.09, pinned below every major moving average with a flatlined MACD and a sub-50 RSI \u2014 this is distribution, not accumulation. Without a decisive daily close above $1.12, the pat…<\/p>\n

\"XRP <\/a> <\/figure>\n

XRP’s Technical Reality Check<\/h2>\n

Let’s not dress this up. XRP at $1.09 is a chart that has one story, and it’s not a bullish one. Price is sitting below the 7-day SMA at $1.13, below the 20-day SMA at $1.10, below the 50-day SMA at $1.18, and well below the 200-day SMA at $1.47. When you’re trading under every single meaningful moving average on the daily, you’re not “consolidating” \u2014 you’re in a controlled bleed with sellers defining every bounce.<\/p>\n

The MACD is the critical read right now. The histogram has zeroed out completely while both the MACD and signal lines are locked at -0.0162. This is not a bullish crossover building \u2014 it’s exhausted sellers and disengaged buyers arriving at a temporary standoff. That zero histogram in negative MACD territory is the chart equivalent of a held breath before the next leg. The RSI at 43.85 tells the same story: buyers aren’t showing up with any real conviction, but we’re not oversold enough to force a technical bounce either. That middle-ground indecision is where the most dangerous drifts happen.<\/p>\n

The Bollinger Band setup crystallizes the risk. Price is sitting at 0.48 on the %B scale \u2014 dead center in the band \u2014 after a 3.37% intraday flush. The upper band at $1.18 doubles as the 50-day SMA ceiling, creating a formidable double resistance. The lower band at $1.01 is the real number every trader should have circled. The bands haven’t compressed into a squeeze, so a volatility expansion is coming \u2014 the question is direction. Based on where every trend indicator is pointing right now, directional probability favors the downside. Blockchain.news<\/a> has been a consistent source for tracking XRP’s multi-cycle structural levels, and this particular configuration \u2014 sub-200MA, sub-50MA, with a zeroed MACD \u2014 has historically preceded further deterioration unless a hard catalyst arrives fast.<\/p>\n

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Volume & Price Alignment<\/h2>\n

An $84.88M spot volume day on a -3.37% move is not panic. That’s methodical selling \u2014 the kind of quiet distribution that precedes a more serious structural break. The 24-hour range running from $1.14 down to $1.09 tells you exactly what happened: price opened near the top, buyers tried to hold the line, and by session close the sellers had won. That’s a bearish close, textbook.<\/p>\n

The derivatives side adds nuance but not hope. The 8-hour funding rate is practically at zero \u2014 0.0001% \u2014 which means there’s no extreme short overhang that could trigger a violent squeeze higher. There’s also no bloated long position demanding a painful unwind. The market is genuinely undecided from a positioning standpoint, which throws the ball entirely into the spot market’s court. And the spot market is voting with its feet.<\/p>\n

The immediate support at $1.08 is already being tested as price sits right on top of it. Crack that on any meaningful volume surge and $1.06 is the next line \u2014 the last serious technical defense before the lower Bollinger Band at $1.01 becomes the magnetic target. On the upside, $1.12 is the first real hurdle, but $1.15 is the resistance that actually matters \u2014 that’s where the sellers will get aggressive and where a close above changes the entire short-term thesis.<\/p>\n

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Expert Outlook Context<\/h2>\n

Here’s the context that needs to be said out loud. Back in late December 2025, analysts published via Blockchain.news<\/a> were projecting XRP in the $2.50\u2013$2.70 range by January 2026. A separate set of forecasts was calling for a $1.77\u2013$3.40 range within the same window. It is now July 8, 2026, and XRP is at $1.09. That’s not a slight miss \u2014 that’s a complete collapse of the bull thesis, more than 100% off the optimistic targets. Whatever drove that failure \u2014 macro headwinds, liquidity rotation, regulatory uncertainty, or exhausted retail demand \u2014 the price doesn’t lie, and the price says those calls were wrong.<\/p>\n

There are zero fresh KOL predictions to cite from the last 24 hours. That silence is itself a signal. When the loudest voices in the XRP community go quiet during a -3.37% day, it generally means even the perma-bulls don’t have the conviction to make a public call. The retail catalyst narrative, the institutional adoption story, the ETF speculation \u2014 none of it is moving the needle today, and the absence of commentary reflects that.<\/p>\n

Without a fresh fundamental driver, this price action is purely technical. And technicals, as laid out above, are not pointing up.<\/p>\n