XRP’s Rollercoaster: Bottom-Seeking, $0.80 Forecast, and an $8.5 Dream (Because Why Not?)

Crypto analyst Joao Wedson warns that XRP hasn’t fully bottomed yet—because even Degen Therapy™ hasn’t kicked in. He points to the “number of days in profit” metric, which historically spikes at true bottoms like a degenerate finally cashing out after one last HODL. Since XRP is still below those historic thresholds, Wedson says the market may need more time… or a further short-term pullback, because apparently, crypto doesn’t bottom until your IRA is in shambles and your dog starts barking at your Ledger.

TradingView’s TradingShot paints a bleaker short-term picture: XRP got rejected at the 50-week MA just above $2.5 like a Tinder date who ghosted after saying “we should hang out.” A failed bounce off the 200-week MA near $1.05? Classic. And failing to reclaim the 100-week MA around $1.30? That’s not a correction—it’s a crypto midlife crisis. Time-based Fibonacci places XRP in a late-stage phase, like a meme coin that’s been on Binance for 18 months. A break below $1.05 could drag it toward the 100-month MA at $0.85, with a six-year ascending trendline near $0.80 acting as the last shred of dignity before the algorithmic liquidators arrive. TradingShot’s model targets $0.90–$0.80 by mid-December 2026—because why not have a target date so far out you’ll probably be retired by then?

Chart Nerd adds another layer: XRP is currently defending the 200-week EMA at $1.41 like a crypto grandma guarding her last bag of HODL snacks. But strong resistance looms between $1.8 and $2—the 20- and 50-week EMAs, which might as well be the Gates of Coinbase. A clean break above that band? That’s the holy grail… or the point where your uncle finally stops asking if you’re “still in XRP.” If the price stalls? Downside potential toward $0.7–$0.8, a zone that matches a long-term trendline dating back to 2020—back when people still thought “utility” meant something more than a Solana NFT of a bored ape in a spacesuit.

EGRAG Crypto flags the recent 21-EMA crossing below the 50-EMA (January 2026) as a classic bearish signal—like your ex messaging you on WhatsApp after six months of silence. Historically, such crosses precede steep declines before the bottom forms… which is just crypto’s way of saying, “Let’s make your portfolio hurt before we let you feel better.” After a 28% drop from above $2 to $1.44, EGRAG expects a further slide into the $0.91–$0.85 support area—AKA the crypto equivalent of “I’ll just sleep on the couch tonight.” Yet, the long-term chart still respects a multi-year symmetrical triangle that could eventually target $8.5 if weekly closes breach $1.8 and, more decisively, $2. Because why not dream? You’re already holding XRP—you might as well imagine yourself in a yacht with a crypto-themed jacuzzi.

Finally, Dark Defender reminds traders that XRP has been stuck in a sideways range of $1.42–$1.44 since March 18, 2026—a trading range so flat it could double as