XRP was trading at $1.12 on June 10, 2026, having lost 3.11 percent over the past 24 hours and 8.91 percent in the last week. According to CoinMarketCap, trading volume also declined by 5.04 percent to $1.84 billion. With these declines, market attention has turned to whether XRP can maintain support at the $1.12 level.
Short-term pressure dominates charts
The latest downward move gained momentum after XRP failed to hold its ground above $1.1550. The price slid below the $1.1420 level and also breached the 50 percent Fibonacci retracement, which was calculated between the $1.050 low and the $1.1862 high. The asset continues to sit below its 100-hour simple moving average.
On the hourly chart, a downward trend line stands out, with immediate resistance at $1.120. If XRP finds buying interest, next resistance levels are identified at $1.1350, $1.1420, and $1.1550. A break above these points could push the price towards $1.1650 and $1.1840.
For a short-term bullish scenario to take shape in XRP, the price must first hold above $1.12 and then breach the $1.25 to $1.30 band with strong trading volume.
Analysts focus on $1.25 and $1.30 bands
Market analyst Diana observed that XRP bounced from macro support near $1.09 and is currently testing the resistance area between $1.20 and $1.25. She noted that if the price decisively breaks above $1.30, the next target could be $1.65, signaling potential weakness in the ongoing correction.
Meanwhile, analyst Ali Charts reported a buy signal for XRP from the Tom DeMark Sequential indicator, a technical tool often used to spot trend exhaustion and reversal points.
Mini glossary: The Tom DeMark Sequential is a technical analysis tool designed to identify potential reversal or pause points in price movements. It is not considered a standalone signal and is usually evaluated alongside volume and support-resistance levels.
According to Ali Charts, the Tom DeMark Sequential indicator is now giving a buy signal for XRP, suggesting a possible recovery from current levels.
Key upside and downside levels to watch
Technical strategist Egrag Crypto shared a broader analysis using Fibonacci circles, channels, extension levels, and a falling wedge pattern. He noted that XRP is consolidated within a key Fibonacci time interval. For the falling wedge pattern to be validated, the price first needs to regain the $1.66 to $2.00 range.
If this condition is achieved, Egrag Crypto identifies potential long-term upside levels at $8.48, $13.70, $18.06, and $27.68. However, he emphasized that these targets require confirmation from technical signals. On the flip side, support zones are found at $1.21, $0.90, and $0.60.
For near-term downside risk, the $1.10 threshold is critical. If breached, support may form at $1.080, $1.0650, and $1.050. Should selling accelerate, watch for $1.020 and $1.00. Analysts warn that a failure to break through the $1.25 resistance could prolong the correction, and if movement dips below $1.09, the $0.90 to $0.86 range may come back into play.
