XRP Slides Sharply as Another Support Level Gives Way

XRP fell below the $1.13 level on elevated trading volume, raising questions about whether the move marks a final capitulation or the beginning of a deeper slide toward $1.00.

Although buyers have repeatedly stepped in around key support areas, XRP continues to break lower, with the latest drop pushing price back toward the $1.10 zone that analysts have repeatedly identified as a critical threshold. Selling pressure intensified once $1.13 gave way.

News background
Analysts have long pointed to the $1.09 region as an important Fibonacci support level that XRP has been drifting toward over time. Despite occasional relief bounces, XRP remains below its 100-day and 200-day moving averages, reinforcing a broader bearish trend. Volume surged sharply during the decline before quickly normalizing, suggesting a repositioning-driven move rather than sustained selling pressure.

Price action summary
XRP declined from $1.1505 to $1.1248 over the session, down more than 4%. The breakdown accelerated after losing support near $1.13, with volume spiking to 109.9 million XRP—over twice the daily average. Price later tested $1.1240 before stabilizing as selling momentum eased into the close.

Technical picture
The key development is the breakdown of $1.13, which now flips into resistance on any rebound. The move was confirmed by unusually high volume, pointing to forced liquidation and rapid repositioning. At the same time, momentum indicators are approaching oversold conditions, with RSI readings near levels that have historically preceded short-term rebounds. However, the broader structure remains bearish, with XRP still trading within a downward channel below major trend indicators.

Key levels to watch
The $1.10–$1.12 zone is now the primary support area; a break below it would increase the risk of a move toward $1.00, with potential downside extension into the $0.80–$0.90 range. On the upside, XRP needs to reclaim $1.13 to ease immediate bearish pressure. Above that, resistance sits at $1.20, followed by a stronger barrier at $1.35–$1.40 where previous rallies have failed. The setup is increasingly compressed, leaving XRP at a decisive point where either support holds or the correction deepens further.