XRP slides to $1.10, analysts see rebound potential as institutions expand usage

XRP fell to $1.10, moving below its 50‑month exponential moving average. Technical analysts note that each time the cryptocurrency breaches this level it enters a low‑momentum phase that typically ends with a final liquidity sweep before a breakout. The current weekly candle opened below the 50‑EMA, suggesting further downside to around $0.90 is possible before sellers exhaust. Analyst EGRAG recommends buying at four strategic zones ($1.09, $0.92, $0.85, $0.70) to capture a potential explosive rebound, with resistance projected near $3.65 and higher targets thereafter.

Teucrium CEO Sal Gilbert described recent ecosystem developments, including the launch of the XRP EVM sidechain RLUSD, as expanding Ripple’s reach into new smart‑contract environments. He called XRP “oversold” and said institutional investors are likely to rotate equity profits back into crypto, especially Bitcoin and XRP, once stock‑market exposure declines. Gilbert also warned that large IPOs such as SpaceX could drain capital from risk assets, potentially pressuring XRP in the short term. However, he highlighted the DTCC’s move toward ledger‑based settlement as a longer‑term driver for institutional demand for XRP.