Altcoins News

Story: XRP Sits 70% Below Its Peak as 3 Signals Point to Cycle Bottom

By Bruce Buterin

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Three Signals Converging Near $1.05. The bullish case right now rests on three things happening at once, which is pretty rare.

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What XRP Still Needs to Prove. None of this is a done deal. Not even close.

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YoungHoon Kim — known for holding the world's highest IQ record — says the XRP supercycle is just getting started. He made that call with XRP trading near $1.

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Kim's timing is interesting. Three separate signals have lined up around the same price zone, and at least one technical analyst thinks the broader cycle hasn't even hit its…

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First: the Tom DeMark Sequential indicator on the daily chart printed a "9" buy signal. Traders who follow DeMark methodology know that a "9" doesn't guarantee a reversal — but…

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Second: a Morning Star Doji candlestick pattern appeared between the $1.02 and $1.07 support zones.

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Third — and this one's probably the most interesting — daily active addresses on the XRP network jumped from roughly 23,000 on June 14 to nearly 39,500 recently.

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See also: XRP Sits at $1.05 While ChatGPT Forecasts a Run Toward $5 by Late 2026

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XRP's market cap sits above $65 billion, and institutional interest has stayed relatively firm — spot ETF inflows and Ripple's cross-border payment work have kept the token on…

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The real test is $1.30. That's the resistance level the market needs to crack for the bullish thesis to gain any real credibility. Sustained buying volume has to show up.

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The address activity surge adds a layer of confidence that wasn't there a few weeks ago. When more people are actually using a network — not just trading the token — it tends to…

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Kim's involvement adds visibility, probably more than it adds fundamental analysis. His IQ record gives him name recognition that most crypto commentators don't have, and that…

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Related: Tether Briefly Tops Ethereum in Market Cap as ETH Drops Below $1,600

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ChartNerdTA's cycle analysis is the structural backbone here. If the 2026 period really does mark a cycle bottom, and if those three-to-five-year patterns hold, XRP holders who…

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But the confluence of DeMark signals, the Morning Star Doji, and the address activity surge at the same price zone is, at minimum, worth watching. The $1.

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