According to one analyst, XRP recorded its best day in weeks, climbing nearly 4% as Bitcoin climbed back above $65,000. The token pulled back into the $1.1866 resistance level, trading above $1.10 after recent price activity around the $1.08–$1.10 support area.
Despite the bullish session, technical indicators on multiple timeframes suggest the broader trend remains bearish. The 100-day and 50-day exponential moving averages (EMAs) remain bearishly crossed, and XRP continues to produce a series of lower highs and lower lows. The price has been below the 50-day EMA since the second week of July and below the 100-day EMA since early April, according to one analysis.
Key resistance and support levels
The $1.20 level has acted as strong resistance in recent weeks. A sustained move above it could push XRP toward the next resistance zone between $1.24 and $1.28, with a break above $1.29 strengthening the bullish trend. On the downside, XRP needs to stay above $1.13 to maintain the current recovery; a drop below $1.10 could erase recent gains. Major long-term support is at $0.60, with first intermediate resistance at $1.40 and major resistance at $1.6768.
On the monthly chart, support is located around $1.09, a level that has historically attracted buying interest and has been repeatedly respected, suggesting institutional buyers may be defending it. Monthly resistance is near $1.33; a successful test would confirm continuation of the trading range and strengthen the medium-term bullish outlook. XRP is likely to remain range-bound between $1.09 and $1.33 until a decisive break occurs.
The key question: can bulls reclaim $1.20 and eventually $1.30, or will the broader downtrend resume?
Short-term momentum indicators are mixed. RSI climbed back above 50, and StochRSI turned higher but remains below overbought territory. However, trading volume has remained subdued throughout recent consolidation, according to one source, while another reports a 64% increase over the past 24 hours, indicating different timeframes or perspectives. Funding rates fell 240% in one day, and large XRP holders added around 70 million XRP, suggesting some accumulation activity.
Active XRP addresses dropped to around 20,000, the lowest in nearly a year, and new capital entering XRP remains limited. The 1-week RSI is 34.670, MACD is -0.231, and ADX is 23.487, according to one analysis. XRP has failed to recover and close above its 1-week MA200 for the past 2 months, a bearish development similar to the second half of 2019 and 2022.
On the 4-hour chart, XRP's trend bias is Downtrend, with price at 1.0884 squeezed between EMA21 (1.0820) and EMA55 (1.0948). A bearish Break of Structure (BoS) occurred 8 bars ago through the 1.0850 swing low, flipping that level into overhead friction. The setup activates on a clean 4H rejection at EMA55/1.0948 or a failed retest of the broken 1.0850 swing; invalidation is a 4H close above 1.1021. Downside levels include 1.0619 (band lower) and 1.0092 (window low).
Analysts offer contrasting views on the outlook. One notes that the 50-day EMA at $1.14 has capped upside, with next resistance at $1.25 and then the 50-week EMA at $1.60. Another highlights that XRP failed several times to break above key resistance at 1.1718 and is resuming its decline, with a confirmed breakdown below 1.0253 potentially strengthening selling pressure toward 0.9277 and 0.8789. A third sees a possible accumulation phase, with buyers defending the $1.09 monthly support.
Reclaiming the $1.30 resistance zone is likely needed before the broader trend begins to shift back in the bulls' favour. The more significant resistance zone around $1.30 remains the bigger obstacle, and a break and close above $1.1866 would strengthen the short-term bullish case. According to a market source, turning the trend requires flipping the average stack: clearing $1.14, then $1.22, then $1.42, and holding above each. This takes months, not one strong week.
