XRP is holding near $1.13 on the weekly chart, a level that has been acting as critical support through the current bear market. The longer-term bearish trend has not yet reversed and no confirmation of a structural bottom has arrived. For now the $1.13 level is doing the work of keeping the price structure intact.
A confirmed break below $1.13 would open the door to the next major support zone between $0.90 and $1.00. If that area fails to hold, analysts are watching $0.70 as the next significant target to the downside.
Neither scenario has been confirmed yet and $1.13 remains and support unless a decisive close below it changes that picture.
XRP is attempting to form a W-shaped recovery pattern on the four-hour chart, similar to what Bitcoin has already completed and confirmed. The key difference is that XRP has not yet finished the formation phase of that pattern, let alone confirmed it.
For the pattern to become bullish, XRP needs to break and hold above $1.18, the resistance level sitting at the top of the structure. Until that happens the pattern remains unconfirmed and should not be traded as if it has already played out.
XRP is currently lagging Bitcoin rather than leading it. Altcoins broadly are tracking Bitcoin’s direction but doing so with slightly worse performance, meaning any recovery in XRP depends first on Bitcoin sustaining its own rebound.
Watch $1.18 as the key level to the upside and $1.13 as the line that must hold to the downside. The next few days will determine which direction gets resolved first.
CoinPedia has been delivering accurate and timely cryptocurrency and blockchain updates since 2017. All content is created by our expert panel of analysts and journalists, following strict Editorial Guidelines based on E-E-A-T (Experience, Expertise, Authoritativeness, Trustworthiness). Every article is fact-checked against reputable sources to ensure accuracy, transparency, and reliability. Our review policy guarantees unbiased evaluations when recommending exchanges, platforms, or tools. We strive to provide timely updates about everything crypto & blockchain, right from startups to industry majors.
All opinions and insights shared represent the author's own views on current market conditions. Please do your own research before making investment decisions. Neither the writer nor the publication assumes responsibility for your financial choices.
Sponsored content and affiliate links may appear on our site. Advertisements are marked clearly, and our editorial content remains entirely independent from our ad partners.
Pi42 Co-founder and CEO Avinash Shekhar shared an exclusive assessment with Coinpedia on the state…
Bitcoin is holding above its 200-week moving average for another week, a level that has…
Agentic AI is hungry, and apparently, traditional infrastructure is starting to feel the strain. That…
TAO price exploded more than 21% during Friday's trading session after a sudden development in…
Internet Computer has spent the better part of the past two years trading inside a…
Bitcoin is back in the spotlight, but not because of its price. While the world's…
