XRP Loses Steam at $1.35, Bulls Must Reclaim $1.33
XRP has dropped below the $1.32 zone after reaching a high of $1.3550. Technical indicators show bearish momentum, with the hourly MACD accelerating lower and the RSI falling below 50.
Key Takeaway
XRP must break $1.3380 resistance or risk sliding to $1.30 and lower support zones.
XRP reversed from $1.3550 and is now struggling below the $1.32 zone.
The hourly chart shows a bearish trend line forming resistance at $1.3380, and the price has dropped below the 50% Fibonacci retracement level measured from the swing low of $1.2786 to the recent high of $1.3566. Bulls remain active above the 61.8% Fib level at $1.3080, but momentum is fading. The hourly MACD is accelerating in the bearish zone, and the RSI has fallen below 50.
First major resistance sits at $1.3250, followed by the trend line at $1.3380. A break above $1.3380 could push XRP back toward $1.3550, with further upside targets at $1.38 and $1.40. The critical hurdle lies at $1.4250, well above current trading levels.
On the downside, initial support holds at $1.3080, with the next major floor at $1.30. If that level breaks, XRP could slide to $1.2880 and potentially $1.2620. A deeper correction could send the price toward $1.250 or even $1.2350 if selling accelerates.
Standard Chartered analyst Geoffrey Kendrick forecasts XRP will reach ₱482 ($8) by the end of 2026, citing regulatory clarity after the SEC withdrew its appeal against Ripple in August 2025 and the launch of spot XRP ETFs in November 2025.
This article was written based on reporting from NewsBTC.
