XRP is once again facing a challenging situation. After bulls failed to maintain momentum above the $1.15 level, sellers regained control and pushed the token lower. Technical indicators are now flashing warning signs, and analysts believe the current correction may not be over yet.
Unless buyers can quickly reclaim lost ground, XRP could face another wave of selling pressure.
Rejection at Resistance Triggers Fresh Decline
Like Bitcoin and Ethereum, XRP was unable to sustain higher prices. After failing to break and hold above $1.1550, the asset entered a new downward correction.
The price subsequently fell below several important support levels, including $1.15 and $1.1420. It also dropped beneath the 50% Fibonacci retracement of the move from the swing low at $1.05 to the recent high of $1.1862.
One positive sign for bulls is that the $1.10 region continues to act as a key support zone. Buyers have so far managed to prevent a deeper sell-off in this area.
Meanwhile, a descending trendline has formed on the hourly chart, creating a significant obstacle for any potential recovery attempt.
Key Resistance Levels Will Determine the Next Move
If XRP attempts to rebound, the first challenge lies near the $1.12 level.
More importantly, major resistance is located around $1.1350, where the 100-hour moving average is currently positioned. This area is likely to determine whether XRP can regain bullish momentum.
A breakout above $1.1350 could open the door toward higher targets, including:
$1.1420
$1.1550
$1.1650
$1.1840
A move back above $1.1550 would significantly improve the technical outlook and could attract fresh buying interest.
Could XRP Fall Below $1?
Despite the possibility of a recovery, the market structure remains fragile.
If XRP fails to reclaim the $1.1350 resistance zone, another leg lower could follow. The nearest support remains at $1.10, a level bulls are still defending.
However, the more critical support sits near $1.08, which corresponds to the 76.4% Fibonacci retracement of the previous rally.
A decisive break below this level could further damage market sentiment and expose XRP to additional downside risk.
Analysts are closely watching several potential downside targets:
$1.0650
$1.0500
$1.0200
The psychological $1.00 level
The $1 mark remains one of the most important levels on the chart and could become the focal point if selling pressure intensifies.
Technical Indicators Continue to Favor Bears
Short-term technical indicators currently suggest that sellers maintain the upper hand.
The MACD remains in bearish territory and continues to lose momentum, reflecting ongoing downward pressure.
Meanwhile, the Relative Strength Index (RSI) has dropped below the 50 level, indicating weakening buyer strength and a market increasingly controlled by bears.
Critical Hours Ahead for XRP
XRP is approaching a crucial decision point. While buyers continue to defend the $1.10 support zone, the broader technical picture is gradually deteriorating.
If bulls fail to reclaim the area above $1.1350, the risk of a deeper correction could increase substantially. Conversely, a successful breakout above key resistance levels could restore confidence and pave the way for another attempt at recent highs.
The coming trading sessions may determine whether XRP begins a new recovery phase—or extends its correction toward the important psychological level of $1.
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Disclaimer:
The information and opinions presented in this article are for informational and educational purposes only and should not be considered financial or investment advice. Nothing on this page constitutes a recommendation to buy or sell any assets. Cryptocurrency investments are inherently risky and may result in financial loss. Always do your own research before making any investment decisions.