XRP could soon fall towards $1

XRP has fallen sharply since the start of 2026. Indeed, the token is experiencing a significant decline in the context of weakness. The charts signal a critical phase, with key levels now under pressure. As the support loses ground, the hypothesis of a return to $1 dominates the analyses. The market is entering a decisive sequence for the asset.

Weakened technical structure

XRP is down about 30% year-to-date and remains 64% below its multi-year high of $3.66. Chart analysis reveals a symmetrical triangle pattern on the daily time frame, signaling a hesitancy phase that is likely to lead to a significant move.

The price is currently developing around the key support near $1.30, under the close watch of market operators.

Identified technical levels now structure expectations:

• Critical support around $1.30;
• Middle level mentioned: “200-week simple moving average, technical threshold around $1.14” ;
• Major resistance between $1.40 and $1.45 with 1.1 billion XRP accumulated;
• Pullback scenario towards $1 in case of a confirmed breakout.

Analysts at CryptoBasic said in a note on X on Wednesday: “If XRP loses its current support, data reveals downside targets around $1.146 and $0.884”. They supply: “The overall bullish structure remains valid only if XRP holds above the critical level of $0.93, which represents the main level of depreciation”.

This area of ​​resistance acts as an important lock that limits rebound attempts. The concentration of short positions in this range adds pressure on the price and complicates any short-term recovery.

Decreasing the basic signals weighs down the dynamics

In addition to purely technical indicators, several fundamental metrics support this weak phase. On-chain data shows a drop in daily active addresses, reflecting a drop in network engagement, confirming a loss of traction on the user side.

At the same time, institutional interest remains limited, especially through flows considered weak towards cryptocurrency-related investment products. This lack of external support contributes to persistent selling pressure and creates difficulties that can be reversed. The market appears to be developing without a catalyst capable of reigniting the bullish momentum.

Spot XRP ETFs are going through a tough time, seeing zero inflows since March 26 “price falls and demand weakens”analyst WizzyOnChain said in a recent post on “that they saw net outflows of $28 million in March, marking their first negative month since launching”.

At this stage, XRP’s development will depend on its ability to stabilize its price above current supports and restore a more sustainable level of activity on its network, despite the drop in open interest. A clear break of key levels would reinforce bearish expectations, while renewed interest could offer market recovery.

Luc Jose A.

A graduate of Sciences Po Toulouse and holder of the blockchain consultant certification issued by Alyra, I joined the Cointribune adventure in 2019. Convinced of the potential of blockchain to transform many sectors of the economy, I committed myself to raising awareness and informing the general public about this ever-evolving ecosystem. My goal is to enable everyone to better understand blockchain and take advantage of the opportunities it offers. I strive every day to provide an objective analysis of current events, decipher market trends, convey the latest technological innovations, and put into perspective the economic and social issues of this ongoing revolution.

DISCLAIMER OF LIABILITY

The views, thoughts and opinions expressed in this article are solely those of the author and should not be construed as investment advice. Before making any investment decision, do your own research.