XRP stabilized near $1.09 as traders monitored whether the token could maintain the $1.08 support amid mixed market signals and weak momentum. The coin, which reported a 0.23% decline over the past 24 hours but remained up 0.46% for the week, saw trading volume reach $662 million, according to CoinGecko.
XRP’s history of bottoming before Bitcoin
Crypto analyst ChartNerd drew attention to the historical pattern of XRP establishing a market bottom ahead of Bitcoin during previous midterm election cycles. In June 2014 and June 2022, XRP set macro lows months before Bitcoin confirmed its bottom in the final quarter of those years.
XRP has previously set its macro floor a few months ahead of Bitcoin. In both June 2014 and June 2022—midterm years—the bottom arrived several months before Bitcoin’s confirmation in the fourth quarter.
This pattern, according to ChartNerd, lines up with larger market cycles historically connected to political calendars. If XRP holds $1.08 while Bitcoin marks a fresh low, there is a chance that XRP’s bottom could be in place before Bitcoin shows similar price action. However, analysts cautioned that past performance does not guarantee repetition.
ChartNerd also referenced 2018, another midterm year, when XRP’s losses persisted longer than Bitcoin’s, demonstrating potential deviations from the pattern. Every midterm cycle since 2014, including the current approximate 70% correction as 2026 approaches, has resulted in downward pressure for XRP.
Market data remains inconclusive, offering no clear direction as traders assess both historical precedent and current technical signals.
Mini dictionary: ChartNerd is a pseudonymous cryptocurrency market analyst known for studying chart patterns, historical cycles, and price behavior in digital asset markets.
$1.08 support zone faces pressure
Trader Diana highlighted that XRP was trading around $1.095, with buying activity focused on defending the critical $1.08 support area. Technically, the 4-hour chart shows XRP positioned below a moving average cluster in the $1.11 to $1.12 range. The breakdown of former triangle support has intensified the pressure on the current price level.
The Relative Strength Index (RSI), a momentum indicator, rested near 39, below its signal line at 45, suggesting weak buying momentum. Two scenarios emerged from this technical structure. If XRP holds above $1.08 and reclaims the $1.11 to $1.12 range, this could pave the way for a move toward $1.145 and potentially $1.20, with a larger barrier at $1.29 to $1.30. Meanwhile, a decisive drop below $1.08 could prompt a slide to $0.91, with the $0.86 level flagged as deeper macro support. This latter move would represent a roughly 21% fall from current prices.
| Support/Resistance Level | Price |
|---|---|
| Current Support | $1.08 |
| Immediate Resistance | $1.11–$1.12 |
| Next Resistance | $1.145, $1.20, $1.29–$1.30 |
| Next Support if $1.08 Fails | $0.91, $0.86 |
Traders split on next move
Trader Jack described XRP as facing a pivotal test after its price dropped from near $1.15 back to $1.08, which he characterized as a make-or-break support zone.
After facing rejection near $1.15, XRP has pulled back to $1.08. If buyers hold this level, a move back towards $1.12–$1.15 is possible. If support fails, focus shifts to $1.05 as the next key area.
Jack noted that adapting to market price action is more effective than attempting to predict exact moves in advance. The divergence in trader signals reflects a broader uncertainty, with some referencing XRP’s history of early bottoming as a cause for cautious optimism. However, others emphasize that past cycles do not eliminate the possibility of deeper declines, as seen in 2018.
With $1.08 now seen as the decisive level, traders maintain a close watch, ready to react accordingly if the price breaks above resistance or falls through support in the sessions ahead.
