XRP has hit its lowest point in 15 weeks, facing selling pressure after failing to hold above $1.32. The cryptocurrency dropped to around $1.2677, a decline in line with broader market weaknesses visible in major players such as Bitcoin and Ethereum. As XRP continues its downward trend, technical indicators show a strained structure.
Is Technical Pressure Increasing?
The cryptocurrency’s price has now fallen below $1.2880, trading beneath the critical 100-hour simple moving average. Technical signals indicate that XRP’s position is fragile, especially when compared to recent upward movements. It remains below the 23.6% Fibonacci retracement level from $1.3642 to $1.2752, highlighting an ongoing struggle with resistance levels at $1.2920, $1.2960, and $1.3150.
To potentially reverse course, a strong close above $1.32 is needed, which could shift targets towards $1.3275 and $1.34. Nonetheless, a downward trendline on the hourly chart at $1.34 presents significant resistance.
Will Support Levels Hold?
Technical specialist ChartNerdTA pointed out the ineffectiveness of XRP’s rally attempts post the five-day “death cross” involving the 20 and 50 EMA in November 2025. Their analysis cited failure points near $2.40 in January and $1.54 in May, signaling a persistent downtrend marked by lower highs. According to them, this pattern could hint at a longer-term weakness.
ChartNerdTA emphasized that after the 5-day 20 and 50 EMA death cross in November 2025, XRP attempted two counter trend rallies, both of which were rejected. These reactions, seen around $2.40 in January and $1.54 in May, confirm the series of lower highs, according to his assessment.
Given the 66% pullback from its previous highs, attention has turned towards emerging support zones. Current opinions suggest gradual accumulation in the $1.10 to $1.30 range, promoting a strategy of incremental buying instead of rapid acquisitions.
If this support fails, market observers are eyeing the $0.65 to $0.85 range, noted for its historical demand and price action. Lower levels of $1.2320 and $1.22 could become critical if price dips below $1.2550. With XRP hovering just under $1.28, sellers currently maintain the upper hand.
