XRP Suffers 4.5% Decline as Key Support Level Gives Way to Selling Pressure

XRP continues to struggle near major support levels despite periodic buying interest. The latest decline pushed the token toward the $1.10 zone that analysts had identified as a critical support level, with selling pressure intensifying after the price broke below $1.13.

Market Context

• Analysts noted the $1.09 area represented a key Fibonacci support level that XRP had been testing for months.
• XRP remains above its 100-day and 200-day moving averages, reflecting the ongoing bearish trend despite intermittent rallies.
• Trading activity spiked during the selloff before quickly retreating, indicating a significant one-time repositioning event rather than sustained bearish sentiment.

Trading Overview

• XRP dropped from $1.1505 to $1.1248 in the 24-hour period, marking a decline of over 4%.
• The breakdown accelerated after losing support near $1.13, with trading volume reaching 109.9 million XRP—more than double the daily average.
• XRP tested support around $1.1240 before stabilizing as selling momentum began to fade.

Technical Perspective

• The loss of $1.13 support marks a significant development, with this level now serving as the first resistance on any recovery attempt.
• Volume confirmation shows the selloff occurred on some of the strongest activity in months, suggesting active liquidation and strategic repositioning rather than gradual weakness.
• Momentum indicators are approaching oversold territory, with daily RSI readings nearing levels that have historically preceded short-term relief rallies.
• The broader technical structure remains bearish, with XRP trading within a descending channel and below all major long-term trend indicators.

Key Levels to Monitor

• The $1.10-$1.12 range now represents critical support. A decisive break lower increases risk of downward pressure toward $1.00 and potentially the $0.80-$0.90 area.
• Reconquest of $1.13 would ease near-term bearish pressure.
• Subsequent resistance levels include $1.20 and the broader $1.35-$1.40 zone where prior recovery attempts have struggled.
• The current setup shows increasing compression. Buyers must defend current support levels with conviction, or XRP faces the risk of extending its recent decline into a more severe breakdown.

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