TLDR
- XRP trades near $0.99 after a sharp drop from its 2025 cycle peak.
- Analyst Crypto Patel flags the $0.85–$0.65 range as a possible accumulation zone.
- Long-term targets sit at $3, $5, $7, and $10 if a reversal confirms.
- Strive Financial Group disclosed XRP ETF holdings in a new 13F filing.
- The broader XRP trend stays neutral, with a confirmed breakout still needed.
XRP is trading at $0.99 at the time of writing. The token has a 24-hour trading volume of $855 million and a market capitalization of $62.68 billion.
The price has held fairly steady over the past day. Analysts are now watching XRP’s chart for signs of a longer-term recovery.
Crypto Patel, a crypto analyst, shared his view on X. He pointed back to a warning he gave during the 2025 rally, when he flagged weakening structure above $3.
$XRP: The Bearish Call They Ignored… Until It Dumped 73%
Back in July 2025, when most of the market expected higher prices, I warned that #XRP was losing bullish structure and advised taking profits above $3.
Today:
~73% down from the cycle top
~53% below the confirmed… https://t.co/AGHdYcGmRI pic.twitter.com/5aQcBCl6ff— Crypto Patel (@CryptoPatel) August 17, 2026
Crypto Patel Sees Long Road to $10
Since that 2025 warning, XRP has fallen roughly 73% from its cycle peak. It slipped below $1 for the first time in nearly two years.
Patel said this drop shows real damage to XRP’s market structure. He does not expect a bottom right away.
He pointed to the $0.85–$0.65 range as a possible accumulation zone. Even so, he said a further drop of 20% to 40% is possible before any reversal starts.
Patel’s approach is to buy gradually near higher time frame demand zones. He avoids trying to pick the exact bottom.
His long-term price targets for XRP are $3, $5, $7, and $10. These are goals for a future cycle, not short-term predictions.
Strive Discloses XRP ETF Holdings
Separately, the account BankXRP shared new information on X about institutional activity. Strive Financial Group updated its 13F filing with regulators.
The filing shows Strive holds positions in the Teucrium 2x Long Daily XRP ETF. It also holds shares of the Canary XRP ETF.
JUST IN: Strive Financial Group discloses XRP ETF exposure in amended 13F, holding positions in both Teucrium 2x Long Daily XRP ETF and Canary https://t.co/aBSJxFAGiL pic.twitter.com/kq6CfVm41I
— 𝗕𝗮𝗻𝗸XRP (@BankXRP) August 17, 2026
This filing points to growing institutional interest in regulated XRP products. More firms appear willing to gain exposure through ETFs rather than holding XRP directly.
A 13F filing only shows holdings from a past reporting period. It does not confirm what a firm holds today or plans to do next.
Still, the disclosure adds to a pattern of institutions engaging with XRP-linked funds. It is one more data point for people tracking adoption trends.
XRP’s price action remains neutral despite these developments. The token has not broken out of its current range in either direction.
The wider crypto market has shown some improvement in recent sessions. A shift in that broader trend could support a bigger XRP move if it continues.
Whether XRP moves higher from here depends on buyers holding key support levels. A failure to hold support could send the price lower before any recovery attempt.
At publication time, XRP remains at $0.99, with market watchers tracking the $0.85–$0.65 zone as the next area of interest.
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