XRP Price Prediction: Descending Channel Keeps XRP Under Pressure Near Critical $1 Support

The XRP price has remained within a descending pattern of lower highs and lower lows, while a break below the $1.06 area has weakened the near-term technical outlook.

XRP/USD was recently trading around $1.00, with the market struggling to establish a sustained recovery above nearby resistance. Recent technical readings show that sellers retain control across several trend-following indicators, leaving the $1 support zone as a key level for the XRP price outlook.

The current setup follows a period of weakness that has pushed XRP below several short- and medium-term moving averages. Recent market analysis has also identified $1 as an important line of defense, with a break below it potentially exposing lower support levels.

XRP Price Prediction as $1 Support Comes Into Focus

Technical analyst @ashleytheduke has highlighted the continuation of XRP’s primary downtrend on the daily chart. The structure remains defined by successive lower highs and lower lows, with price now testing the area around the June 26 low near $1.

XRP remains in a bearish daily structure of lower highs and lower lows, with price testing the June 26 low near $1 after breaking below $1.06. Source: Ashley Duke via X

The move below $1.06 was significant because that level had previously provided part of the short-term market structure. XRP now needs to regain that zone to begin improving its technical profile.

On the shorter timeframe, analyst Apex_Legends identified a descending channel and noted that XRP had broken below the $1.01-$1.02 resistance area. The analysis places initial support near $0.9760, suggesting that the $1 psychological level and the region immediately below it could become the next battleground between buyers and sellers.

This is consistent with earlier market analysis that also identified $1 as a key support level. In late June, XRP repeatedly defended that price despite a substantial monthly decline, while $1.06 emerged as an important short-term resistance.

XRP Current Price and Technical Indicators

The latest TradingView readings cited in the analysis point to a cautious-to-bearish technical backdrop. The overall indicator summary showed 16 sell signals, 10 neutral readings and no buy signals on the referenced timeframe.

XRP price chart. Source: Brave New Coin

Moving averages provide the clearest indication of the prevailing trend. XRP is trading below the 10-, 20-, 30-, 50-, 100- and 200-period moving averages listed in the analysis. The 50-day EMA near $1.10 and the 100-day EMA near $1.18 are particularly important because both remain above the current XRP price and can act as resistance during any recovery attempt.

The 200-day averages are positioned considerably higher, with the 200-day EMA around $1.37 and the 200-day SMA near $1.31. Their distance from the current price highlights how far XRP remains from establishing a broader bullish trend.

Recent market analysis has similarly identified major moving averages as barriers overhead, including the 50-day EMA around $1.20 and the 100-day EMA around $1.31 in an earlier technical assessment.

RSI Shows Weak Momentum Without a Confirmed Reversal

Momentum indicators also offer limited evidence of a sustained recovery. The Relative Strength Index (RSI) was around 33.94 in the referenced TradingView data, keeping it below the neutral 50 threshold.

The reading indicates weak momentum and puts RSI relatively close to oversold territory. However, an oversold reading alone does not establish that a trend reversal has begun.

Other oscillators showed a similar pattern. Stochastic %K was around 9.22, while Stochastic RSI Fast stood near 9.77. Williams %R was at approximately -96.54, and the Commodity Channel Index was around -161.20.

These readings suggest that XRP has experienced considerable selling pressure. At the same time, the lack of a clear bullish crossover means there is not yet strong technical confirmation of a reversal.

Momentum and MACD readings were also negative in the referenced analysis, reinforcing the broader weakness.

XRP Support Levels to Watch

The $1 area remains the most important immediate level for the XRP price forecast. A sustained defense could allow buyers to attempt a recovery toward nearby resistance, while a decisive break could shift attention toward lower technical levels.

XRP remains bearish within a descending channel, with a break below $1.01–$1.02 exposing potential downside toward $0.9760. Source: Apex_Legends on TradingView

The first downside reference is around $0.9760, which sits just below the psychological $1 threshold. Classic pivot analysis places the first major support near $0.993, followed by approximately $0.926 and $0.764.

The technical analysis from @ashleytheduke also identifies a broader support sequence around $0.93 and $0.75 if XRP loses the $1 region.

These levels should not be interpreted as fixed price targets. They are technical reference points derived from previous market structure and pivot calculations.

XRP Price Forecast: $1.06 Is the First Recovery Test

For the bullish case to gain traction, XRP would first need to reclaim $1.06 and establish that level as support.

A move above $1.06 would not, by itself, confirm a trend reversal. It would instead represent an initial improvement in the short-term structure. XRP would then face resistance around $1.08-$1.15, an area that includes several pivot levels and moving averages.

Classic pivot calculations place the central pivot near $1.088, followed by resistance at approximately $1.155 and $1.250. Fibonacci pivots show a similar concentration of resistance between roughly $1.03 and $1.19.

Beyond that region, the recent swing high near $1.18 becomes another important reference point. A more significant resistance zone is located around $1.30, which previously played an important role in the 2026 market structure.

Earlier market analysis also identified $1.10 as a key resistance level and $1.20 as a more meaningful threshold for confirming a broader shift in momentum.

XRP Price Outlook Remains Bearish Below Key Resistance

For now, the XRP price outlook remains cautious as long as the token trades below $1.06 and the descending structure remains intact.

The combination of lower highs and lower lows, bearish moving-average alignment and sub-50 RSI readings favors sellers in the near term. At the same time, several oscillators are approaching oversold territory, which means a short-term rebound cannot be ruled out.

Such a rebound would need to produce more than an isolated move higher. A sustained recovery above $1.06, followed by a move through the $1.08-$1.15 resistance cluster, would provide stronger evidence that buyers are regaining control.

Conversely, a decisive break below $1 and the nearby $0.976 support would put $0.93 into focus, with the broader bearish structure leaving the $0.75 area as a more distant technical reference.

XRP’s next major move is therefore likely to depend on whether buyers can defend the $1 region or sellers can convert it into resistance. Until the token reclaims key moving averages and produces stronger momentum signals, the technical picture remains tilted toward downside risk rather than a confirmed bullish reversal.