XRP Price Approaches Its Largest Buying Zone in 8 Years

Ripple’s XRP dropped 2.17% in the last day and is now at $1.20. That is worse than how the rest of crypto is doing.

The fall happened because the XRP price tried to break above $1.25 and could not hold it. That failure set off a round of selling, people took their profits and walked away. During that drop, 87.5 million XRP changed hands. The price broke below the $1.22–$1.23 zone, and now sellers have the upper hand again.

Part of the caution comes from the Federal Reserve. Their next meeting is coming up today, and nobody wants to take big risks before that. The whole crypto market lost 1.23% in value, and the Altcoin Season Index fell 6.25% to 45, a clear sign that money is pulling back from riskier coins.

But here is the thing. Some people who watch this market closely think XRP might be getting close to a support level that has not mattered this much in almost ten years.

XRP Price Nears a Historic Support Zone

Top analyst Cheeky Crypto thinks XRP might be entering its best buying window in eight years. The key zone they are watching is $0.70 to $0.90. That price range has been a major floor for XRP through several market cycles, all the way back to 2017.

The analyst points out that XRP has fallen about 70% from its July 2025 peak of $3.66. Most traders see a drop that big and panic, they assume more pain is coming. But Cheeky Crypto sees it differently. Their take is simple: testing a major support level is not the same as breaking down. Price can come back to a key area without ruining the bigger picture.

History backs up this idea. During the March 2020 COVID crash, Ripple’s XRP briefly hit $0.10 before bouncing back. In July 2024, it bottomed out around $0.38 and later ran all the way up to $3.66. When you zoom out to the weekly and multi-year charts, XRP looks a lot stronger than the daily ups and downs suggest.

The big question now is simple. If the XRP price falls to that $0.70–$0.90 zone, will buyers show up to defend it? If they do, the first target up is $3.32. Some more optimistic takes point to $5, $9, or even $10. But if XRP breaks below that zone, the whole outlook changes, and traders will have to rethink everything.

News Pushing the XRP Price Today

Institutional demand remains one of the strongest themes around XRP. Data from June 16 showed XRP attracted $5.3 million in crypto ETF inflows. That figure was higher than Solana’s $245,860 and trailed only Bitcoin at $10.06 million and Ethereum at $9.59 million. The numbers show that large investors continue allocating capital to XRP despite the latest weakness in price.

Ripple also expanded its presence in Africa through a strategic investment in Flutterwave’s Series E funding round. The deal values Flutterwave at $3.2 billion and integrates RLUSD and XRP Ledger technology into the company’s payment infrastructure. 

The partnership gives Ripple exposure to major cross-border payment corridors across one of the world’s fastest-growing remittance markets.

Big holders have been piling in too. Numbers from Santiment show that wallets with at least one million XRP added 1.53 billion tokens over the last six months. Those same wallets now control 74.1% of all XRP out there.

That buying happened before XRP bounced 9% over the past week. But there is a catch. When a few wallets hold that much, things can get bumpy. If those big players decide to cash out on a rally, the price could swing hard the other way.

Related XRP News: Claude AI Predicts XRP Price if BlackRock Launches an XRP ETF

Our Take on the XRP Price Outlook

The price and what people feel about XRP do not match up right now. The token is still struggling after failing to hold above $1.25. But behind the scenes, big money keeps flowing in. Whales are buying. Ripple keeps expanding its business. None of that changed just because the price dropped for a few days.

That $0.70 to $0.90 zone matters because of what it has meant in the past. If the XRP price falls into that area and buyers step up to hold the line, people will see it as a good place to buy with confidence. But if that floor gives way, the whole bullish story gets a lot harder to believe.

For now, everyone is watching one thing: can Ripple’s XRP price get back above $1.22–$1.23 and settle down there? If it does, that deeper test of $0.70 may not even happen. If it does not, then that older support zone becomes the next real question.

Frequently Asked Questions

Will Ripple reach $100 dollars

Reaching a price of $100 for XRP is considered mathematically and economically implausible in the near future, as it would require a market capitalization of nearly $6 to $10 trillion. While not technically deemed impossible in the distant future, experts predict it would take decades of unprecedented institutional adoption to achieve.

Is there a BlackRock XRP ETF coming

Not at the moment. BlackRock has not filed for an XRP ETF and has publicly indicated that its focus remains on expanding its Bitcoin and Ethereum ETF offerings.