XRP continued its downward trajectory on Tuesday, with the token slipping below the $1.06 threshold and trading near $1.00. The cryptocurrency’s recent price action has been characterized by a pattern of lower highs and lower lows, leaving near-term technical outlooks bearish as sellers maintain market control. The $1 support level has emerged as a pivotal line for the current price structure.
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AAPLXRP stays under pressure after losing key support
XRP, the native token of the Ripple payment network, has spent recent weeks under selling pressure, struggling to reclaim ground above short and medium-term moving averages. Analysts have underscored that a break below $1 could expose further downside, making this level a critical point for both traders and investors.
Ashley Duke, a technical analyst, emphasized that the broader daily chart continues to show a bearish structure. XRP is still forming lower highs and lower lows, and the price is now testing support near the late June low close to $1. According to Duke, only a recovery back above $1.06 would start to improve the technical outlook for the token.
XRP remains locked in a bearish daily pattern, struggling to hold the $1 support after failing to stay above $1.06. Only a sustained move over $1.06 would signal a possible shift in momentum.
Short-term analyst Apex_Legends also identified a bearish breakdown in a lower timeframe, noting that XRP slipped beneath resistance at $1.01–$1.02. Initial support is concentrated just below $1, with sellers and buyers likely to battle over this psychological level.
Mini dictionary: Ripple is a blockchain-based payment protocol that enables fast, low-fee global transactions. XRP is its native digital asset, used to facilitate these transfers and provide liquidity for cross-border payments.
Recent trading history shows the $1 region has acted as support throughout a month of declines, while resistance at $1.06 has consistently capped short-term recovery attempts.
Technical indicators signal persistent weakness
Data from TradingView reflected a cautious to bearish technical environment. Of the noted indicators, 16 were in “sell” mode, 10 remained neutral, and none showed active buy signals within the current timeframe. The price has dropped below all major moving averages, which further confirms the prevailing downtrend.
XRP is now trading under the 10-, 20-, 30-, 50-, 100-, and 200-period moving averages. Notably, the 50-day exponential moving average (EMA) near $1.10 and the 100-day EMA at $1.18 stand above the spot price, acting as resistance should any attempt at a rebound occur.
Longer-term averages are even higher, with the 200-day EMA at $1.37 and the 200-day simple moving average (SMA) at $1.31, showing how distant XRP is from a broader bullish reversal.
| Moving Average | Approximate Value | Current Price Position |
|---|---|---|
| 50-day EMA | $1.10 | Above current price |
| 100-day EMA | $1.18 | Above current price |
| 200-day EMA | $1.37 | Above current price |
| 200-day SMA | $1.31 | Above current price |
Other recent technical assessments identified similar resistance levels at $1.20 and $1.31, reinforcing the overhead challenges facing buyers.
Momentum indicators and support levels
Momentum readings offer little sign of an imminent bullish reversal. TradingView data places the Relative Strength Index (RSI) at 33.94, well under the neutral threshold of 50. Although this suggests XRP is close to oversold territory, it stops short of confirming a sustained turnaround in price.
Additional oscillators point to pronounced selling pressure. The Stochastic %K indicator recorded 9.22, while the Stochastic RSI Fast was 9.77. Williams %R dropped to roughly -96.54, and the Commodity Channel Index fell to -161.20. The Moving Average Convergence Divergence (MACD) and momentum indicators also stayed negative in recent assessments.
Oscillators and momentum readings confirm sellers remain in control, and without a clear bullish crossover, any rebound risks remaining short-lived.
In the event of further losses, technical support begins just below $1 at $0.9760. Classic pivot analysis outlines additional support at $0.993, $0.926, and $0.764. Analysts have also singled out $0.93 and $0.75 as broader downside reference points if the $1 region fails.
| Support Level | Approximate Price |
|---|---|
| Pivot support 1 | $0.993 |
| Pivot support 2 | $0.926 |
| Pivot support 3 | $0.764 |
Reclaiming resistance is the first target for bulls
For XRP to improve its technical standing, a move back above $1.06 is required. This would represent the first sign of a possible recovery but would not confirm an outright trend reversal. Resistance zones cluster between $1.08 and $1.15, with classic pivot resistance levels at $1.155 and $1.250, and Fibonacci pivots spanning $1.03 to $1.19.
A further challenge exists at $1.18, the recent local high, and a stronger resistance pivot is located at $1.30. Market analysis indicates that $1.10 provides interim resistance, with a breakdown above $1.20 needed to signal the start of a durable bullish trend.
Outlook: Downside risk dominates below $1.06
As long as XRP remains underneath $1.06, the technical picture favors sellers. Lower highs, lower lows, negative momentum, and resistance overhead keep the bias on the downside. Oscillators approaching oversold territory highlight the potential for a temporary relief rally, but a solid reversal requires confirmation from both price levels and momentum signals.
Should $1 and $0.976 support levels break, attention may shift to $0.93 and eventually toward $0.75 as the next areas of interest for traders. Conversely, if buyers manage to defend $1 and reclaim $1.06 support, it would challenge the current downtrend and open the possibility for further advances.
Until buyers regain control above major moving averages and a stronger uptrend emerges, XRP is likely to remain at risk of further declines.
