Expert Says XRP’s Bear Is Awake. Here’s why

“Today marks 589 days since XRP’s true top on January 16th 2025,” Bird wrote. He followed that with, “Expect the unexpected.” His chart tracks XRP from the January 2025 high above $3 through the extended decline that followed. The latest price sits near $1.43.

589 Holds Special Meaning for XRP

The number 589 has long carried significance within the XRP community. It became closely associated with the $589 XRP price narrative, making the number instantly recognizable among many XRP holders.

He focuses on 589 as the number of days since the January 2025 peak rather than a price target. Meanwhile, the number is surrounded by bullish narratives.

XRP Approaches the $1.50 Area

The chart shows XRP spending much of 2026 inside a range between roughly $1 and $1.50. It rose by more than 500% in late 2024, climbing above $3 for the first time since 2018. This move pushed the price to $3.39.

Later in the year, XRP hit an all-time high of $3.65 before entering an extended downturn. The asset has not fully recovered from this bear market, and the lower boundary formed after XRP reached the $1 area, while several rallies struggled to maintain momentum.

The latest breakout has taken XRP back toward that upper boundary. XRP briefly pushed higher before pulling back to around $1.43. A sustained move above $1.50 would give XRP a chance to establish a new trading range. Holding below that level would keep the existing consolidation structure in play.

The Next Move Could Shape XRP’s Path

Bird’s chart places the current price action within a cycle that began with the January 2025 peak. XRP now sits at an important level after months of consolidation. The $1.50 region represents the immediate test. Above it, traders could focus on resistance from the earlier 2025 structure. Below it, attention remains on the established range and the $1 area.