Despite XRP’s ongoing weakness, some analysts believe that the possibility of a long-term rally remains on the table. With months of sideways movement in the market leading to a loss of confi
Despite XRP’s ongoing weakness, some analysts believe that the possibility of a long-term rally remains on the table. With months of sideways movement in the market leading to a loss of confidence, their assessments suggest that holding on to key support levels could turn the outlook around for the popular cryptocurrency.
Crypto analyst Crypto Tolga argues that rising pessimism around XRP could be setting the stage for a powerful breakout in the long run. According to Tolga, this cycle is unfolding differently from previous ones, with the $0.65 to $0.70 band standing out as the most critical support zone for XRP.
If XRP manages to maintain the $0.65 to $0.70 range as the cycle’s main bottom, Crypto Tolga foresees the potential for one of XRP’s strongest rallies to date.
According to the analyst, as long as this region remains intact, the long-term target of $18 may come back into focus. When compared to XRP’s current price of around $1.06, the $18 mark would represent a surge of approximately 1,600%.
While this projection appears highly ambitious, it is supported by expectations of improved market conditions, growing institutional adoption, and expansion within the XRP Ledger ecosystem. Widely associated with Ripple, the XRP Ledger is an open-source blockchain infrastructure used for payments and asset transfers.
Analysts’ cautiously optimistic views are also reinforced by XRP’s historical price behavior. In the past, the asset has demonstrated sharp upward moves following extended periods of consolidation. This has led some investors to anticipate that a similar break could occur once again.
Mini glossary: Open interest refers to the total amount of outstanding positions in futures contracts that have not yet been settled. On-chain activity describes transfer, wallet interactions, and network usage data directly on the blockchain.
Recent market data also supports this cautious optimism. A noticeable drop in open interest in futures trading suggests that leveraged traders have been exiting the market. Despite this, XRP has managed to remain above the psychologically important $1.00 mark.
Meanwhile, a rise in on-chain activity suggests demand is being driven largely by spot buying. Many analysts view this dominance of direct purchases over speculative leverage as a sign of a healthier, more sustainable market structure.
XRP must first overcome the $1.10 resistance for optimism to take hold in the market; a convincing break above this level could help kickstart a fresh upward move.
In the near term, $1.10 is being watched as the most critical technical threshold. Unless this barrier is breached, XRP is likely to continue trading within a defined range as buyers look to build momentum for another attempt higher. Conversely, if the $0.65 to $0.70 support zone remains intact and the overall cryptocurrency market turns bullish, analysts expect that XRP could gain much broader room to move over the long run.
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