Ripple (XRP) surges 42% in two months…Buy now, or wait for a correction to $1.39?

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As XRP (Ripple) surged 42% in two months to reach $1.53, investors are increasingly deliberating whether to buy now or wait for a price correction. Although it is still 17% lower than its price at the beginning of the year, the 50-week Moving Average of $1.56 is directly above it, making it a critical turning point for its future direction.

According to investment media outlet Yahoo Finance on September 27 (local time), XRP rose from approximately $1.08 at the end of July to $1.53, an increase of about 42% over the past 60 days. However, for the entirety of 2026, it is still down about 17%, and approximately 46% lower compared to a year ago. To recover its year-start price of $1.85, it needs to rise by an additional 21% from its current level.

Recently, new capital inflows have also continued. According to SoSoValue data, $75.6 million flowed into the US XRP spot ETF from September 21 to 25. This is a significant increase compared to the $9.6 million from the previous week. However, XRP's one-month gain recently slowed to 9.9%, less than in July and August, suggesting that initial buying momentum might be weakening and some profit-taking might be occurring.

Technically, $1.56 was cited as the most important price level. Currently, XRP's upward trend has stalled just below its 50-week Moving Average of approximately $1.56, which represents the average price over the past year. As of September 24, the average loss rate for investors who bought over the past year is about 12%, and analysis suggests that as the price approaches their purchase price, there is a possibility of selling pressure to recoup losses.

If waiting for a correction, $1.39 was presented as a notable price level. If XRP retraces its recent one-month gain of 9.9%, it could fall to $1.39, approximately 9% lower than the current $1.53. Conversely, if it breaks above $1.56 on a weekly closing basis, the upward trend could continue, potentially heading back towards its year-start price of $1.85. The media explained that for long-term investors, dollar-cost averaging, which involves buying a fixed amount in several installments rather than waiting for the exact bottom, can be a way to reduce volatility risk.

Yahoo Finance assessed that despite the recent surge, it is difficult to consider the buying timing too late, given that XRP is still 17% lower than at the beginning of the year. However, for short-term investors, a strategy of waiting for a correction around $1.39 could be considered. Conversely, if it breaks above $1.56, investors who were waiting for a correction might have to enter at a higher price than the current one, the analysis suggested. Whether the one-month return turns negative or if it surpasses the 50-week Moving Average were cited as key variables determining the sustainability of the rebound.

*Disclaimer: This article is for investment reference only, and we are not responsible for any investment losses based on it. The content should be interpreted for informational purposes only.*