XRP’s recent price movement indicates sustained bearish momentum in the market, as sellers control direction and traders assess whether the crucial $1.00 level can withstand persistent downward pressure. This environment developed after Ripple‘s token closed at its lowest daily level so far in 2026, extending a multi-week downward trend.
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AAPLXRP price today faces growing technical pressure
XRP was trading close to $1.04 after falling beneath both short- and medium-term moving averages. On TradingView, analysts highlighted a bearish Break of Structure (BoS) after XRP lost support at the $1.0473 swing low, pointing to a market structure that continues to work against buyers.
According to technical analysis, the 21-period Exponential Moving Average (EMA), currently near $1.0527, and the 55-period EMA, hovering around $1.0669, have become resistance zones for XRP. The analyst emphasized that a bearish continuation pattern could solidify if the price is rejected between $1.0473 and $1.0527 or if XRP records another four-hour close below approximately $1.0261.
If selling momentum intensifies, $1.015 is identified as the next liquidity target, with the $1.00 psychological mark acting as the most significant downside objective. However, analysts indicated that a sustained four-hour candle above the 55 EMA would shift the outlook away from its current bearish stance.
| Moving Average | Price Level | Status |
|---|---|---|
| 21-period EMA | $1.0527 | Resistance |
| 55-period EMA | $1.0669 | Resistance |
| Support (liquidity target) | $1.015 | Potential support |
| Psychological support | $1.00 | Major support |
$1.05 turns from support into resistance
ChartNerdTA, a crypto market observer, noted that XRP validated a bearish scenario first published on July 31 after XRP closed near $1.02, marking the lowest daily close seen in 2026. The chart displays repeated failures to move above the 20-day and 50-day EMAs and unsuccessful attempts to reclaim the $1.16-$1.24 resistance region. These signals highlight persistent selling interest despite market expectations for a potential relief rebound.
ChartNerdTA expects that any recovery will be limited unless XRP recaptures major resistance levels, leaving the market exposed to a possible revisit of the $1.00 area.
XRP continues to struggle below former support at $1.05, with failed attempts to regain the $1.16–$1.24 zone, keeping sellers firmly in control.
Why the $1.00 level matters for XRP outlook
Independent analyst Rocksorgate described XRP as approaching a decisive point for 2026, with the token currently trading close to a significant long-term support zone. The analyst noted the breakdown of the $1.05 horizontal support carried particular importance, as this level limited downside movement for several months before turning into resistance.
Rocksorgate indicated that $1.00 represents not only a major psychological milestone but also closely aligns with the 0.618 Fibonacci retracement level from XRP’s broader multi-year rise.
“If $1.00 snaps on high volume, the bullish market structure breaks completely.”
The analysis pointed out that balances on exchanges continue to decline, with large wallets accumulating over 100,000 XRP while retail involvement falls. This split suggests that institutional-scale traders may be building positions during market weakness.
Mini dictionary: Fibonacci retracement, a technical analysis tool that helps identify potential support and resistance levels by measuring price retracement percentages based on mathematical ratios derived from the Fibonacci sequence. The 0.618 (61.8%) level is particularly important in assessing possible reversal points.
Technical indicators remain bearish despite oversold signals
TradingView’s latest technical summary shows a mixed perspective for XRP. Oscillator indicators such as the Relative Strength Index (RSI) hover near 38, approaching oversold territory but without a firm reversal signal. Momentum indicators remain inconclusive, while the Moving Average Convergence Divergence (MACD) continues to flag a bearish setup.
Major moving averages—including the 10- through 200-period EMAs—persist in delivering sell signals across timeframes, reflecting ongoing weakness. Pivot point analysis places XRP beneath its central pivot, with significant support at $1.026 and firmer support seen just below $0.99 if downward pressure persists.
Long-term outlook for XRP
Despite near-term pressure, ChartNerdTA maintains that past cryptocurrency market cycles provide a constructive long-term outlook for XRP, though immediate conditions remain challenging.
Historical analysis spanning back to 2012 suggests XRP’s strongest rallies have tended to follow steep declines of 70–90% and long intervals of underperformance compared to Bitcoin. These periods have often been followed by significant rallies once broader sentiment improves and the cycle matures.
Although the long-term pattern does not guarantee future performance, it gives context for why some investors are monitoring XRP closely, even as it continues to face a sharp correction. Analysts agree that buyers must defend the $1.00 level and reclaim key resistance above $1.05 before technical conditions turn favorable.
