XRP price may be nearing a rebound after forming a triple-bottom pattern on the charts. The token traded around $1.87 on Wednesday, down nearly 50% from its 2025 high, in line with the broader crypto market decline.
Despite the drop, several positive signals are emerging. XRP has held support at $1.7915 three times, suggesting strong buying interest at that level. This pattern often points to a possible trend reversal.
One key support factor is growth within the Ripple ecosystem. Data shows that Ripple USD has reached a market value of more than $1.4 billion, highlighting rising activity around Ripple-linked assets.
Demand for XRP exchange-traded funds has also improved. According to SoSoValue, XRP ETFs have recorded over $91 million in inflows this year. This is stronger than Ethereum’s inflows and comes as Bitcoin ETFs saw net outflows.
Policy developments are adding to optimism. SEC Chair Paul Atkins said it may be the right time to allow retirement accounts like 401(k)s to invest in cryptocurrencies. President Donald Trump has also voiced support for this idea.
US retirement accounts hold more than $12 trillion in assets. Even a small allocation to crypto could bring billions of dollars into the market, with major tokens like XRP likely to benefit.
From a technical view, XRP remains in a downtrend but shows signs of stabilization. The price has also formed a falling wedge pattern, which often signals a bullish breakout.
If XRP moves above the key resistance at $2.41, it could confirm a stronger recovery. A sustained breakout may open the door for a move toward the $3 level in the weeks ahead.
