XRP rebounded to around $1.11 on July 15, recovering from the $1.07 area after gaining about 3.8% over 24 hours.
Summary
- XRP rebounded to $1.11, but analysts still view $1.12 as crucial near-term resistance for buyers.
- Bearish targets extend toward $1.058 and $1.00 if XRP fails to hold its latest recovery.
- A $50 XRP scenario requires a hypothetical $100 trillion crypto market and unchanged market dominance.
The token traded between $1.07 and $1.12, while daily trading volume increased to roughly $1.29 billion, according to the latest crypto.news XRP market data.
Despite the recovery, XRP remains about 6% lower over the past month and nearly 70% below its July 2025 record high of $3.65. Analysts are now watching whether buyers can break resistance around $1.12 or whether the latest rebound will give way to another test of the $1 psychological level.
XRP price reaches a major resistance zone
The XRP/USDT chart still shows a broader bearish structure after the token fell from above $2 earlier this year. Recent price action has stabilized near the lower end of that decline, but XRP has yet to recover the stronger resistance zones that would confirm a wider trend change.
The MACD shows limited improvement, with its histogram slightly above zero and the MACD and signal lines close together. This points to mild recovery pressure rather than strong bullish momentum. A sustained move above $1.12 could strengthen the short-term structure, while the $1.30 to $1.40 region remains a larger hurdle.
XRP price chart, source: crypto news
Crypto analyst Crypto Patel said XRP had entered a high-confluence resistance area following a bearish market structure shift. He identified a bearish order block, fair value gap and breakdown retest around the current price area.
Patel said the bearish setup remains active while XRP stays below $1.12. His downside targets sit at $1.058, $1.013, $0.95 and $0.90. The levels represent a technical scenario rather than guaranteed future prices.
Analysts remain cautious despite XRP rebound
Cryptorphic also warned that XRP’s short-term structure continues to favor sellers. The analyst wrote that “lower levels seem likely as long as $1.08 remains resistance.” XRP has since moved above that level, making $1.12 the next immediate test for the recovery.
A close above $1.12 could weaken the bearish setup and allow buyers to challenge higher resistance. Failure to hold the recent rebound would return attention to $1.058 and the broader $1.00 to $1.06 support zone.
Notably, XRP recently faced persistent selling pressure on Binance while struggling below $1.08. Negative spot order flow had kept sellers in control even as social sentiment remained heavily bullish.
The latest rebound has improved the immediate price picture, but XRP still needs stronger buying volume to confirm that the previous selling pressure has eased. Recent crypto.news analysis identified $1.00 to $1.06 as the main support zone and $1.18 to $1.20 as the larger resistance range for July.
$50 XRP scenario depends on massive crypto market growth
Under that assumption, XRP could theoretically trade near $50.10. A 1% market share would imply about $16.01 per XRP, while 5% would produce a value near $80.08. Moon Lambo stressed, “I’m not making a prediction.”
The scenario depends on the entire crypto market growing to $100 trillion while XRP retains the assumed market share. Changes in circulating supply and market dominance would also alter the calculation.
For the near term, the market remains focused on much closer levels. XRP must hold above the recent recovery zone and clear $1.12 before testing the $1.18 to $1.20 resistance area. Failure to maintain the rebound could place $1.058 and $1.00 back in focus as sellers attempt to regain control.
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.
