Ripple Price Analysis: What Are XRP’s Next Targets if $1.00 Support Cracks?

Ripple’s XRP remains under sustained selling pressure, with the latest price action pushing the asset back into a critical support area around $1.01-$1.04. Although this zone has attracted buyers before, the broader structure continues to favor sellers, making the current reaction particularly important for the next directional move.

Ripple Price Analysis: The Daily Chart

On the daily timeframe, XRP is trading near $1.03 after gradually declining back into the $1.01-$1.04 support zone. This marks another test of an area that already produced notable reactions in late June, yet the latest approach is occurring with relatively weak bullish momentum.

More importantly, the broader trend remains decisively bearish. The price continues to trade inside the large descending channel and well below all moving averages shown on the chart.

The recent sequence of lower highs also remains intact. The previous rebound was rejected around $1.14-$1.15, well before XRP could challenge the more important $1.24-$1.29 resistance zone. Therefore, buyers are increasingly dependent on the $1.01-$1.04 support area holding.

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