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XRP (XRP) is facing renewed downside pressure as bearish technical indicators and weakening market sentiment put a key support zone under threat.
After a failed recovery attempt earlier this month, the Ripple-linked token has slipped back toward the $1.07-$1.15 range, a level analysts increasingly view as the last major line of defense before a potential move below $1.
The token has already fallen by nearly 17% in June, underperforming much of the broader crypto market. With sellers regaining control and momentum indicators deteriorating across multiple timeframes, traders are closely watching whether bulls can defend support or whether another leg lower is imminent.
Recent price action highlights XRP’s inability to sustain upward momentum. On the daily chart, the asset remains trapped inside a broad descending channel and continues to trade below its 100-day and 200-day moving averages (MAs).
A rebound attempt stalled near the $1.28-$1.35 resistance zone, which also aligns with the lower boundary of the descending channel. The rejection reinforced the broader bearish structure and pushed XRP back toward its June support area.
Technical indicators show that buyers have repeatedly stepped in between $1.07 and $1.15 throughout the month. However, each rebound has become weaker than the last, suggesting that bullish momentum is fading.
The four-hour chart paints a similar picture. XRP recently formed another lower high near $1.25 before rolling over, a classic signal that sellers remain in control. The asset is now hovering near the lower end of its trading range, with little evidence of strong buying interest emerging.
The $1.07-$1.10 zone has become the most important support area on XRP’s chart.
A decisive breakdown below this level could invalidate the current consolidation structure and expose the token to a much deeper decline.
Several technical indicators point to growing downside risks. XRP recently fell below its 20-month MA near $2.06, while a breakdown in the monthly Bollinger Bands suggests a potential target below $1.
A monthly close beneath $1 could open the door to a move toward the $0.92-$0.96 range. Such a decline would represent one of XRP’s weakest performances in recent years and erase much of the gains accumulated during the 2024-2025 bull cycle.
XRP’s weakness is not occurring in isolation. The broader cryptocurrency market experienced a sharp sell-off in June, pushing Bitcoin (BTC) and several major altcoins lower.
Additional pressure has come from Ripple’s scheduled escrow releases, including the unlocking of 1 billion XRP at the beginning of June. While escrow releases are anticipated by the market, they continue to attract attention whenever demand conditions weaken.
At the same time, regulatory developments remain a major driver of sentiment. Progress surrounding US digital asset legislation, including the CLARITY Act, could eventually improve market confidence.
However, uncertainty surrounding the pace and outcome of regulatory reform continues to weigh on risk assets across the crypto sector.
Despite the bearish outlook, a recovery scenario remains possible if buyers successfully defend the current support zone.
A sustained bounce from the $1.07-$1.15 area could allow XRP to retest resistance around $1.20 and eventually challenge the $1.28-$1.35 supply zone. However, bulls would need to reclaim these levels before any meaningful trend reversal could be confirmed.
Looking further ahead, third-party forecasts remain divided. Conservative models place XRP near $1.40-$1.60 by year-end, while more optimistic projections suggest regulatory clarity and growing adoption of Ripple’s payment infrastructure could support substantially higher valuations.
For now, however, the market’s attention remains firmly fixed on one number: $1.07.
Whether that support holds or breaks could determine XRP’s next major move and decide whether the token can stabilize above $1 or enter a new phase of downside volatility.
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