XRP Price Pressure: $1 Support at Risk, $0.91–$0.97 Next
XRP price remains under bearish pressure, with the market stalling near the $1.00 level. On the daily chart, XRP is still trading below key moving averages and within a descending structure. The $1.02–$1.04 area is highlighted as resistance; a rebound that fails below this zone keeps the bearish outlook intact.
Traders are watching the $1.00 psychological level closely. If XRP breaks and holds below $1.00, the next major support is the $0.91–$0.97 “blue demand zone.” Without a meaningful bullish reversal, the article frames XRP as still in a corrective phase.
On the 4-hour chart, XRP has formed lower highs under a descending trendline. Attempts to recover have repeatedly failed to trigger a structural breakout. The asset recently moved below the $1.02–$1.03 support area, which could now act as resistance. For bulls to improve the setup, XRP would need to reclaim $1.02–$1.03, break the descending trendline, and then push toward $1.06–$1.08 with stronger momentum.
Overall, the “path of least resistance” is described as downside as long as XRP cannot reclaim the $1.02–$1.07 region, keeping $1 support and $0.91–$0.97 as key triggers for the next move.
Bearish
The article’s core takeaway is that XRP is still operating within a descending, bear-leaning structure. It stresses two practical levels for traders: $1.00 as the near-term line in the sand and $0.91–$0.97 as the next downside support if $1 breaks. With XRP below major moving averages (daily) and forming lower highs under a descending trendline (4H), buyers have not produced a confirmed structural reversal.
This setup is typically consistent with “sell-the-rip” behavior seen in prior periods where price consolidates but fails to reclaim overhead resistance (here, $1.02–$1.04 and $1.02–$1.07). If $1.00 fails decisively, momentum can accelerate toward the next demand zone, increasing downside risk in the short term. Conversely, a sustained reclaim above $1.02–$1.03 and then a break of the descending trendline would likely trigger short-covering and a trend improvement, potentially shifting the bias upward over the medium term.
Because the piece frames the market as corrective and highlights repeated failed rebounds, the probability-weighted trading impact is currently bearish unless XRP can quickly reclaim the specified resistance bands.