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XRP Price Prediction: Navigating Correction for a Future Rally

XRP Price Prediction: Navigating Correction for a Future Rally

Author:
XRP News
Published:
2026-02-24 13:20:32
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[TRADE_PLUGIN]XRPUSDT,XRPUSDT[/TRADE_PLUGIN]

#XRP

  • Near-Term Bearish Pressure: Technical indicators like the price below the 20-day MA and a bearish MACD crossover suggest a high probability of further price decline in the short term, with key support at the Bollinger Lower Band (1.2836).
  • Potential for Deep Correction: Market analysis and sentiment point to a possible significant pullback towards the $0.78 level, which is being framed as a healthy reset before a new bullish cycle can begin.
  • Long-Term Bullish Foundation: Despite short-term headwinds, the overarching narrative remains positive, driven by anticipated major developments in the Ripple ecosystem (e.g., RLUSD), which are expected to fuel a rally to new all-time highs after the correction phase concludes.

XRP Price Prediction

Technical Analysis: XRP/USDT

As of February 24, 2026, XRP is trading at 1.3335 USDT, positioned below its 20-day moving average of 1.4114. This suggests a short-term bearish momentum. The MACD indicator shows a bearish crossover, with the MACD line at 0.0186 below the signal line at 0.0822, and a negative histogram of -0.0636, reinforcing the downward pressure. The price is currently trading between the middle (1.4114) and lower (1.2836) Bollinger Bands, indicating it is in a lower volatility zone and potentially testing support. A break below the lower band could signal further decline, while a MOVE back above the middle band may indicate a trend reversal.

"The technical picture points to consolidation with a bearish bias," says BTCC financial analyst James. "The key support to watch is the Bollinger Band lower limit NEAR 1.2836. A sustained hold above this level could pave the way for a retest of the 20-day MA. However, the MACD configuration suggests buyers need to regain significant control to shift the momentum."

XRPUSDT

Market Sentiment & News Impact

Recent headlines present a mixed but cautiously optimistic narrative for XRP. Analysis of a potential retreat to $0.78 before a new rally aligns with the current technical weakness, suggesting market expectations for a deeper correction are growing. The dismissal of speculation around external factors (like an SBF pardon) by a pro-Ripple lawyer may help isolate XRP's price action from unrelated market noise. The highlight of a potential major development involving Ripple's XRP and RLUSD serves as a fundamental bullish counterpoint, providing a long-term growth thesis that could limit severe downside.

"The news flow corroborates the technical need for a pullback," notes BTCC financial analyst James. "The mention of a drop to $0.78 sets a tangible bearish target that traders are now aware of, which can become a self-fulfilling prophecy in the short term. However, the underlying bullish narrative for a future all-time high remains intact, supported by potential ecosystem developments. This creates a scenario where weak hands may be shaken out before a stronger foundation is built for the next leg up."

Factors Influencing XRP’s Price

XRP May Need to Retreat to $0.78 Before Rallying to New All-Time Highs

XRP, currently trading around $1.33, remains 62% below its 2018 peak of $3.66. Analyst EGRAG Crypto suggests the token could drop to $0.78—a key support level—before initiating a sustainable recovery toward record highs.

The weekly EMA, a critical technical indicator since XRP's 2018 collapse, continues to dictate price action. November 2025 saw XRP slip below this level, with a failed January 2026 rebound at $2.41 reinforcing the downward pattern. Market watchers scrutinize this EMA trend for clues on XRP's next major move.

Pro-Ripple Lawyer Rejects SBF Pardon Speculation as XRP Tests Key Price Level

John Deaton, the prominent pro-Ripple attorney, has vehemently opposed growing speculation about a potential pardon for former FTX CEO Sam Bankman-Fried. Deaton dismissed claims of FTX's solvency before its collapse, criticizing hypothetical valuation models that suggest the exchange could have reached a $78 billion net asset value by 2025.

The lawyer emphasized the importance of factual court findings over speculative projections, particularly those based on illiquid tokens. While not directly related to XRP fundamentals, Deaton's stance resonates with the XRP community due to his leadership in the SEC legal battle.

XRP's price action shows a critical technical juncture after breaking out from a descending channel. The cryptocurrency briefly approached $1.61 before retracing to test the breakout zone, creating a pivotal moment for its near-term trajectory.

Expert Highlights Potential Major Development for Ripple’s XRP and RLUSD

Paul Barron, a prominent crypto media figure, has flagged significant developments involving Ripple’s XRP and its dollar-backed stablecoin RLUSD. Internal research points to regulatory momentum from the proposed Clarity Act as a potential catalyst. Barron describes the situation as one of the most consequential updates in Ripple’s history, though specifics remain undisclosed.

XRP, Ripple’s liquidity bridge for cross-border settlements, and RLUSD, its stablecoin initiative, appear poised for a new phase of coordination. Barron’s team plans to release a detailed analysis next week, signaling confidence in XRP’s strategic positioning. The development could have ecosystem-wide implications, extending beyond individual assets.

How High Will XRP Price Go?

Based on the confluence of technical indicators and market sentiment, XRP is likely to experience further downside pressure in the near term, with a potential target around the $0.78 level mentioned in analysis. This would represent a significant correction from the current price of $1.3335.

However, this retreat is viewed by some analysts as a necessary consolidation before a sustainable rally. The long-term trajectory remains bullish, contingent on XRP holding key support levels and realizing the positive fundamental developments within the Ripple ecosystem, such as progress with RLUSD. A successful test of lower supports could set the stage for a move to challenge and potentially exceed previous all-time highs in a subsequent bullish phase.

Key Price Levels & Indicators Table:

MetricValueImplication
Current Price1.3335 USDTBelow key MA, showing weakness
20-Day MA1.4114 USDTImmediate resistance level
Bollinger Lower Band1.2836 USDTNear-term support
Analyst Correction Target~0.78 USDTPotential deeper support zone
MACD Histogram-0.0636Bearish momentum present

"The path to higher prices may first go lower," concludes BTCC financial analyst James. "The $0.78 area is a critical watch zone. A strong bullish reversal from there, coupled with positive news on Ripple's developments, could be the catalyst for the next major rally. Until then, the market is in a risk-off mode within this digital asset."

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