Ripple XRP remains above the key psychological level of $1, though analysts are watching whether buyers can sustain this threshold following a sharp drop in high-value whale transactions. The cryptocurrency has seen selling pressure ease on shorter timeframes, but broader technical signals still support a cautious view.
XRP price tests critical support zone
Currently, XRP trades around $1.09 on Bitstamp, reflecting a modest daily gain of approximately 0.18%. Despite the minor uptick, the coin has remained under downward pressure in recent weeks, creating a fragile market outlook.
Market observers note that XRP is gradually moving closer to the $1.00 support level, a zone that acted as a significant breakout point nearly two years ago. Many traders see this area as the first meaningful line of defense where buying could return.
On the four-hour chart, attention is also focused on potential support around $0.95. Technical analysts identify an emerging ending diagonal pattern, often linked with trend exhaustion, as XRP trends lower.
@ew-forecast, a widely followed market analyst, indicated this formation may suggest selling pressure is maturing, but emphasized that the broader market structure remains bearish until a confirmed reversal appears.
XRP is gradually approaching a significant support zone near $1.00, an area which once served as the foundation for a large breakout nearly two years ago. Many traders are eyeing this level as the first meaningful support where buying interest could re-enter the market.
A persistent drop below $0.90 could invalidate near-term reversal prospects and potentially trigger a deeper price correction for XRP.
Sharp decline in whale transactions on XRP Ledger
On-chain data reveals a significant reduction in activity from large XRP holders. Santiment’s analytics, as shared by Ali Martinez, show that daily XRP Ledger transactions exceeding $1 million have plunged from nearly 70 earlier in the week to only 2 in the most recent session.
The falloff does not necessarily signal heavy selling. Instead, it highlights that major investors are currently less active in the market.
Periods marked by lower whale activity often coincide with sideways price movement or subdued volatility, but may also indicate that large holders are waiting for clearer signals before deploying capital.
Since whale wallets influence both liquidity and market sentiment, traders closely monitor such flows as potential clues to institutional moves and accumulation patterns.
Mini dictionary: Santiment, an on-chain analytics platform, provides real-time insights into cryptocurrency network activity, tracking wallet movements and transaction sizes to help investors interpret market trends.
Technical signals and trend indicators
According to TradingView’s latest technical summary, XRP holds a Neutral overall rating, although the detailed breakdown leans bearish. The platform currently shows 14 Sell signals, 10 Neutral, and 2 Buy indications, with both weekly and monthly timeframes maintaining a bearish stance.
Momentum indicators are split: the Relative Strength Index (RSI) stands at 43.45 (Neutral), Stochastic %K is at 42.36 (Neutral), and the Commodity Channel Index (CCI) reads +8.11 (Neutral). The Average Directional Index is low at 14.74, and the Awesome Oscillator posts -0.018, both in Neutral territory. The only Sell among oscillators is Momentum (10) at -0.047, while the MACD (12,26) gives a Buy at -0.015.
With these readings, the market registers as directionless, though mild bearish momentum remains as RSI stays below the midpoint. The low ADX reading further points to a lack of strong trend direction.
| Indicator | Value | Signal |
|---|---|---|
| RSI (14) | 43.45 | Neutral |
| Stochastic %K | 42.36 | Neutral |
| CCI | +8.11 | Neutral |
| ADX | 14.74 | Neutral |
| Momentum (10) | -0.047 | Sell |
| MACD (12,26) | -0.015 | Buy |
Moving averages further highlight the challenging environment. The EMA 10 stands at $1.098, SMA 20 is at $1.087, EMA 50 at $1.161, and EMA 200 at $1.468—all above the current price, signaling a continuation of the overall downtrend. Only the Hull Moving Average (9) shows a Buy at $1.083, while the Ichimoku Base Line remains Neutral.
| Moving Average | Level | Signal |
|---|---|---|
| EMA 10 | $1.098 | Sell |
| SMA 20 | $1.087 | Sell |
| EMA 50 | $1.161 | Sell |
| EMA 200 | $1.468 | Sell |
| Hull MA (9) | $1.083 | Buy |
The clustering of critical averages above the spot price points to ongoing weakness. Any upward movement is likely to face resistance unless several of these benchmarks are reclaimed.
Key price levels and outlook
Pivot point analysis identifies the central level near $1.128, positioning XRP below the threshold that usually signals a short-term bearish outlook. Resistance remains at $1.249 (R1), $1.459 (R2), and $1.790 (R3), with support at $0.918 (S1), $0.798 (S2), and $0.467 (S3).
| Level | Price |
|---|---|
| Pivot | $1.128 |
| Resistance 1 (R1) | $1.249 |
| Resistance 2 (R2) | $1.459 |
| Resistance 3 (R3) | $1.790 |
| Support 1 (S1) | $0.918 |
| Support 2 (S2) | $0.798 |
| Support 3 (S3) | $0.467 |
Analysts continue to monitor the $1.00 to $0.95 area for signs of support, while key resistance levels cluster between $1.10 and $1.13, where moving averages converge. Although the presence of an ending diagonal hints at the possibility of decreasing selling pressure, a more optimistic outlook would only follow if XRP consistently forms higher lows and breaks above immediate resistance zones. For now, subdued whale activity, persistent bearish signals from moving averages, and a lack of clear trend leave the market in a holding pattern.
