XRP Price Forecast: Implications of Losing the $1.77 Support Level

Ripple's XRP has struggled to maintain its critical support level at $1.77, which analysts have described as vital. Currently, the previous low of $1.61 from April 2025 is also at risk. This report explores what these developments mean for investors and traders.

Key Takeaways

XRP has lost its significant support level at $1.77.
The April 2025 low of $1.61 is also under pressure.
Current technical indicators suggest continued downward movement.
Long-term fundamentals for Ripple may foster renewed interest.
Traders are advised to consider bearish strategies with targeted selling opportunities.

XRP 3-day Chart Source: XRP/USDT on TradingView

Ripple's cryptocurrency, XRP, recently failed to hold above the local support level of $1.77, identified in an earlier AMBCrypto report as a crucial point. As of now, the low from April 2025, set at $1.61, is also facing significant risk.

The Chaikin Money Flow (CMF) has remained below -0.05, suggesting notable capital outflows from XRP. Meanwhile, the Relative Strength Index (RSI) briefly rose above the neutral mark of 50 earlier this month when XRP managed to exceed $2.28. However, this upward momentum proved temporary, as bulls could not breach the $2.40 resistance threshold. The ongoing sell-off of Bitcoin (BTC) has hindered the ability of Ripple bulls to maintain sustained demand.

XRP price prediction: What the loss of the $1.77 swing low means for you

Is a Ripple Recovery Possible?

In the long term, Ripple’s solid fundamentals could attract renewed investor interest. Establishing a Ripple treasury and obtaining regulatory licenses across various countries could bolster demand for XRP and enhance the adoption of RLUSD, Ripple Labs’ own stablecoin.

The XRPL ecosystem has ample room for growth. Ripple treasury firm Evernorth plans to utilize idle XRP via the "XRP Lending Protocol," another initiative likely to increase demand. However, these strategies are more focused on the long term, while near-term technical analysis indicates further downward movement may occur in the coming weeks.

Traders’ Strategy – Embrace Bearish Sentiments

XRP 4-hour Chart Source: XRP/USDT on TradingView

According to the 4-hour chart, a rebound to the range of $1.85-$1.94 presents a viable selling opportunity. Short sellers could target profit-taking levels at $1.50 and $1.39. The bearish structures identified in the 1-day and 3-day price charts provide traders with additional confidence in pursuing short positions.

A closing session on the 4-hour chart above $1.85 would signal the potential for bears to be incorrect, while a close above $1.94 would invalidate this bearish outlook. However, a sustained rally above $2 could mark the start of a recovery phase for XRP.

Final Thoughts

Disclaimer: The information provided in this article is not financial, investment, trading, or any other form of advice and solely reflects the author's opinion.