XRP is trading at $1.21, slipping slightly after failing to hold above the $1.25 resistance level. That resistance made the chart bearish, reinforcing a bearish pattern near the time frame that has frustrated bulls trying to build strength through the current pattern.
Business volume tells the same story. The drop of 41.5% in 24 hours to $ 1.56 billion signals that buyers did not show enough numbers to protect the high prices, and without the impact of volume, meetings are unstable.
You’re Still in a Downtrend, But Not a Broken Market
The honest view is that XRP has been in a correction since its peak in early 2025, and the correction is far from over. The current phase represents the last and most painful leg of the three pullback waves.
Interestingly, the big picture was not damaged. XRP has maintained high and low patterns on the long-term chart throughout this shift, meaning that the bull market remains strong despite the daily price volatility.
Values Required
The immediate test is that XRP can defend the support level of $1.19. That hold remains alive with the possibility of retesting the $1.25 resistance soon. The broader technical range is between $1.27 and $1.61, with a bullish target of $2.00 depending on the clean break above the bottom line. A loss of $ 1.27 on the confirmed basis would lead to a decrease of $ 1.11, which represents the next support under current prices.
What Will Follow
A few more shocks are possible for true healing to occur. The charts are still not showing the kind of impulse buying pressure that confirms a bearish trend. But multiple readings, combined with the long-term structure, show that XRP is much closer to the bottom than expected.
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