XRP Price Analysis: Will 2026 Bring a Sustained Recovery?
XRP (XRP) has been holding above a key demand zone that has supported its price throughout 2025, sparking hopes of a potential recovery in 2026. The recent decline in XRP supply on exchanges has fallen to an 8-year low, indicating reduced selling pressure and a potential bullish trend. According to data from Glassnode, the XRP balance on exchanges fell by 2.16 billion tokens to 1.6 billion, a level last seen in August 2018.
XRP reserve on exchanges. Source: Glassnode
XRP Supply on Exchanges Falls to Lowest Level in Seven Years
The sharp decline in XRP supply on exchanges coincided with record outflows on exchanges, as the XRP net position change between exchanges fell by 1.4 billion XRP on October 19, marking the largest increase in history. 
XRP: Change in the exchange’s net position. Source: Glassnode
Such outflows typically indicate heavy accumulation by large holders moving tokens into cold storage or investment products, reducing immediate sell-side pressure. As pseudonymous trader Skipper noted, “ETFs are draining XRP from exchanges and tightening liquidity,” which could solidify XRP’s position as an institutional asset in 2026.
XRP Price Bulls Eye Strong Support at $1.78
XRP’s recent decline was halted by a congestion of buyers in a key demand zone between $1.60 and $1.84, supporting the price through 2025. Holding above this support level was previously preceded by significant rallies in XRP price, as shown in the chart below. 
XRP/USD daily chart. Source: Cointelegraph/TradingView
Glassnode’s Realized UTXO Price Distribution (URPD) shows that $1.78 is the most significant support for XRP, where investors have acquired 1.87 billion tokens. 
XRP: UTXO realized price distribution. Source: Glassnode
Rebound from $1.78 Could Confirm Bullish Reversal
A rebound from this zone could confirm a triple low break on the weekly time frame with a target of $3.79, according to analysts VipRoseTr. 
Source: VipRoseTr
While XRP’s price could remain rangebound through 2026, analysts say a stronger uptrend will likely depend on new bullish catalysts emerging later in the cycle. For more information, read the full article on Cointelegraph.
