XRP has returned to a critical support region following the latest wave of declines. With the price dropping below the $1.13 mark, selling pressure intensified and the token approached the $1.10 band that analysts have been watching as a key threshold for a long time. Over the last 24 hours, XRP fell from $1.1505 to $1.1248, losing more than 4 percent in value.
Loss of support accelerates the selloff
Technical analysis from across the market highlights $1.09 as a significant Fibonacci support level that has been monitored for months. The most recent selloff has brought XRP even closer to this zone. The break below $1.13 was the most notable development in the short term and is now expected to act as the first resistance during any potential recovery attempts.
The most pivotal development for XRP has been the loss of $1.13 support. This level has now become the first point of resistance in future upward movements.
Trading volume also surged sharply during the selloff, supporting the downward move. Volume jumped to 109.9 million XRP, more than doubling the daily average. The data indicates this was less a gradual weakening and more a strong wave of position closing and repositioning. Afterwards, trading activity quickly reverted to more typical levels.
Technical outlook remains subdued
XRP continues to trade below both its 100 day and 200 day moving averages. Even though occasional rallies have occurred, the broader outlook remains tilted to the downside. In addition, the price is still sitting below all primary trend indicators monitored closely by long term investors.
Mini glossary: Fibonacci support level refers to ratios used in technical analysis to estimate where a price may find a floor during pullbacks. RSI is a momentum indicator measuring the speed and strength of price movements; low RSI readings can suggest that a selloff is becoming overextended.
Momentum indicators are now hovering near oversold territory. Daily RSI data shows levels where, historically, at least short term rebounds have occurred. However, the overall structure is not yet signaling a recovery. XRP continues to move within a descending channel.
Trading volume has confirmed this decline. The selloff, occurring during some of the most intense activity in recent months, signals not passive weakness but an active phase of liquidation and repositioning.
Key price zones come into focus
In the short term, the $1.10 to $1.12 range now stands out as the major support region. Should the price make a decisive move below this area, the risk of a slide toward the $1.00 level grows. Further down, the $0.80 to $0.90 band is being watched as the next potential support zone.
| Level | Role |
|---|---|
| $1.13 | First resistance |
| $1.10 to $1.12 | Primary support region |
| $1.00 | Level to watch if further downside |
| $0.80 to $0.90 | Lower support region |
| $1.20 | Second resistance |
| $1.35 to $1.40 | Strong resistance area |
In an upward scenario, buyers would first need to reclaim $1.13. A breakout above this threshold could place focus on the $1.20 level. The broader resistance region remains in the $1.35 to $1.40 range, where past recovery attempts have repeatedly failed.
Price action is becoming increasingly compressed. If buyers struggle to defend the current support region, the bumpy corrective phase may give way to a deeper breakdown.
