XRP at $1.05 Watch as Whales Accumulate BTC, ETH and XRP, Bear Market Seen Nearing End

XRP is trading around $1.05 and is under pressure as it tests a widely watched support area, with some analysis framing the next pivot as either holding or potentially moving toward $0.95. Separate market coverage also notes XRP is testing a prior recovery boundary linked to the price zone around $3.60 reached in July 2025, where a further drop could change the near-term structure of its chart setup ^{[1] [2] [3]}.

On-chain reports cited by CryptoQuant say large investors (“whales”) have increased purchases across major cryptocurrencies including Bitcoin (BTC), Ethereum (ETH), and XRP, a pattern the articles associate with the market approaching the later stages of a bear cycle. Additional commentary highlights an XRP-focused longer-term chart view, where an analyst points to an 8.5-year cup-and-handle pattern and specific Fibonacci-related levels, including targets discussed at $8, $13, and $27 ^{[4] [5] [6]}.

Overall coverage on Aug. 6, 2026 centers on XRP’s near-term support tests around $1.05, alongside on-chain whale accumulation reported for BTC, ETH, and XRP and longer-term technical targets cited by analysts ^{[2] [4] [6]}.