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Is This XRP’s Final Shakeout? Analysts Eye $0.87 Before Major Rebound

crypto-economy.com 2 h

Analytics

$XRP trades at $1.06, down 3.27% in 24h according to CoinMarketCap.
Analysts track a key support near $1.09 Fibonacci zone, warning a breakdown could extend toward $0.87.
Exchange flow data shows 53.8% withdrawals vs 46.1% deposits, a pattern often linked to accumulation and reduced immediate selling pressure.

$XRP consolidates around $1.06, with traders watching whether current weakness marks exhaustion or continuation. Market positioning is divided, as short-term pressure contrasts with longer-term structural support zones that have historically attracted buying interest during deep corrections.

🚨 $XRP IS BACK AT $1.09 — AND THE FINAL WASHOUT TO $0.87 COULD HAPPEN BEFORE THE NEXT MASSIVE REVERSAL 🤯🔥$XRP has returned to the CRITICAL 0.786 Fibonacci support at $1.09, but according to the current wave structure, the correction may NOT be OVER just YET. 👀

In fact, the… https://t.co/kkERwZyY7V pic.twitter.com/oYx5ym0oZS

— Diana (@InvestWithD) June 23, 2026

$XRP’s Last Shakeout Technical Outlook And Key Levels

Price action continues to hover near the 0.786 Fibonacci retracement around $1.09, a level widely monitored by technical traders. If this zone fails to hold, downside projections point toward $0.90 and $0.87, aligning with deeper retracement structures that often appear in extended corrective phases. Elliott Wave readings suggest $XRP could still complete a final downward leg before establishing a more stable recovery structure. Despite volatility, some participants interpret the current range as part of a prolonged consolidation rather than a breakdown in underlying market positioning. If buyers defend support successfully, rebounds toward $1.11 and $1.18 remain possible, although momentum indicators continue to show mixed signals across lower timeframes. The interaction between liquidity and support levels remains central to near-term direction.

Exchange Flows And Market Positioning Signals

Binance data shows a notable shift in flows, with 53.8% withdrawals and 46.1% deposits, indicating reduced exchange supply pressure. This imbalance is often associated with accumulation behavior, as tokens move into self-custody instead of being prepared for immediate selling. Combined with $XRP holding near key technical support, the data suggests that participants are positioning for longer-term exposure rather than short-term exits. Market depth across exchanges remains stable, but order book behavior shows cautious participation from both buyers and sellers. These conditions often precede directional expansion once liquidity compresses further.

$XRP continues to trade within a decisive technical zone where structure and sentiment converge. The balance between $1.09 support and the $0.87 downside target defines the current market range. While short-term uncertainty persists, ongoing exchange outflows and sustained interest near support levels suggest that accumulation dynamics are still active. The next move will depend on whether buyers maintain control at current levels or allow a final sweep lower before a broader recovery phase develops.