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Tuesday, June 30, 2026

Be greedy when others are afraid: is it time for XRP to reverse?

The last few months have not been kind to XRP.

After the currency reached a new high in mid-July 2025, the trajectory of the currency was mainly bearish, as it lost more than 70% of its value, falling as low as one dollar, and BNB and USDC surpassed it in terms of market value, and at one point recorded six consecutive months in the red zone.

Amid all these negative developments, some analysts have become strongly bearish on the currency.

Although XRP is believed to have reached its most important moment in this cycle, some, like Ali Martinez, have highlighted the possibility that the coin’s price could fall towards the next crucial support levels at $0.80, 0.62, or 0.51 if the $1 barrier collapses.

Glassnode also warned that XRP holders are still experiencing more losses than profits, indicating increasing selling pressure even among losing investors.

Even ChatGPT offered worrying predictions if XRP would soon move the dollar level from support to resistance.

But perhaps this extreme pessimism is exactly what XRP needs to turn the tide.

Should we see a sudden increase?

Ironically, history shows that the market rarely rewards this consensus.

Warren Buffett summed it up best when he said:

Be fearful when others are greedy, and be greedy when others are afraid.

Excessive pessimism has repeatedly emerged in the run-up to important turning points in the cryptocurrency market.

Bitcoin, Ethereum, and XRP all went through periods where sentiment collapsed and remained at low levels for a period before a major recovery began.

This usually happens when weak hands exit while long-term investors quietly accumulate.

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The recent wave of selling has also pushed several network and technical indicators into historically oversold areas.

Some analysts believe that XRP could be approaching a region where the risk-reward ratio begins to improve, even if short-term volatility persists.

And history is already on XRP’s side.

Recall that asset sentiment had fallen to similar levels in mid-June, but it jumped by double-digit percentages in 24 hours, when the analytical company “Santiment” attributed the rise to a deterioration in investor behavior.

Current data shows that XRP is on track to end June down more than 20%, its worst monthly performance since February 2025.

CryptoRank data indicates that this is consistent with previous performance, as June was a mostly bearish month for the asset.

On the other hand, July. XRP has finished each of the last six editions in the green, posting remarkable gains.

Five out of six saw double-digit price increases, including sizable increases of more than 45% in 2020 and 2023.

The average gain in July is around 11%.

Read also:

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