XRP is retesting a key long-term support zone that has historically triggered bullish reversals, with potential recovery toward higher resistance levels for the XRP price if it holds. Exchange flows show a repeated pattern linked to past local bottoms, but confirmation from broader market trends is still needed.
At the time of writing, XRP is trading at $1.16 with a 24-hour trading volume of $1.93 billion and a market capitalization of $71.99 billion. Despite the 2.55% loss over the last 24 hours, the XRP price structure and market bottom point to a bullish reversal ahead.
Source: CoinMarketCap
Also Read: XRP Price Analysis: Long-Term Triangle Signals Major Breakout Toward $60
XRP Price Tests Key Support With $3.50 in Focus
According to the crypto analyst Kamran Asghar, the XRP price is revisiting a major long-term support zone that has historically acted as a launchpad for strong bullish reversals.
This level has repeatedly absorbed selling pressure during past cycles, making it a closely watched area for traders. The XRP price behavior here is now being assessed for signs of renewed accumulation and stability.
Source: Kamran Asghar’s X Post
If such support continues to hold, there is a possibility that the XRP price action could start to recover toward the next area of resistance at $3.50.
The outcome of this scenario will depend on how well the buyers perform in this range, with a breakdown in this range weakening the technical pattern for the XRP price and leading to further consolidation before any recovery.
XRP Exchange Flow Pattern Signals Market Bottom
The data from BankXRP further highlighted that XRP is following the well-known trend of exchange flows, which became noticeable near two lows in the local cycles previously.
During both June 2025 and April 2026, there was an increase in deposits in exchanges, suggesting future selling activity; however, the situation changed quickly because there was an increase in withdrawals.
Source: BankXRP’s X Post
The same pattern reappeared. The deposits rose temporarily to the highs of the cycle but declined afterwards, whereas the withdrawals increased to around 53.1% from $1.226.
Although this pattern has been linked with local lows twice already, it should be noted that exchange flow ratio figures alone cannot serve as reliable indications.
This article contains market analysis and price predictions. These are not guarantees. Crypto markets are volatile. Always DYOR. Not financial advice.
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