XRP price is testing a critical support level on Thursday, with the price attempting to break back above $1.13 as the broader crypto market remains under pressure.
The $1.13 zone has been the defining support for XRP over the past several weeks. Analysts tracking the weekly structure have consistently flagged it as the line that separates a temporary pullback from a more significant move lower.
For that break to be technically confirmed, the weekly candle needs to close below $1.13 and fail to recover back above it in the sessions that follow. That confirmation has not yet arrived, which means the support remains technically intact despite the current attempt to push through it.
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If the weekly candle eventually closes below $1.13 and the price fails to reclaim that level, the next support sits between $0.90 and $1.00, a zone that represents a further decline of roughly 10% to 20% from current levels. Below that, the $0.70 level emerges as the next target, a price not seen since the earliest stages of the current cycle and one that would represent a collapse of more than 35% from where XRP trades today.
At the time of writing, XRP is down by more than 3%, trading at $1.10.
Also Read : XRP Is Being Sold for SpaceX, But Teucrium CEO Says That Is a Rare Opportunity
Short-term bounces remain possible and should be expected given the deeply oversold conditions across most crypto assets. XRP has historically tracked Bitcoin’s price action closely during bear market phases, meaning the immediate near-term direction will largely be determined by what Bitcoin does over the coming days rather than any XRP-specific catalyst.
The longer-term trend remains firmly bearish. No confirmed reversal signal has appeared and the broader bear market structure is intact. Until that changes, every bounce should be treated as a relief move within a downtrend rather than the beginning of a new recovery.
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