XRP is trading around $1.30 and testing an important support zone on both daily and 4-hour charts after weeks of declining price action erased much of its August recovery. The outcome of price action at this level could determine whether buyers manage another rebound or sellers push XRP toward lower support levels.
Daily Chart Analysis
On the daily timeframe, XRP maintains a broader bearish structure after falling from early-2026 highs above $2.30. The asset has formed a series of lower highs, while a descending trendline continues to reflect prevailing downward pressure. Although XRP staged a sharp recovery from the $1.00 region in August, the subsequent rally toward $1.70 failed to establish a sustained bullish reversal.
The $1.30 support zone is significant because it previously consolidated before a June sell-off. Holding above it could help XRP stabilize and attempt recovery, while a decisive daily close below it would raise the risk of a deeper correction.
If support breaks, the $1.15 zone represents the next major downside area. Below that, the $1.00 region remains an important floor that preceded the August rally.
On the upside, XRP must reclaim the $1.50 region to show signs of improving short-term structure. The $1.70 resistance zone stands as the major obstacle buyers must break through to start a new long-term rally.
4-Hour Chart Perspective
The 4-hour chart shows XRP trading within a descending channel since reaching approximately $1.65 in late September, characterized by lower highs and lower lows. Both channel trendlines remain relevant, with the upper boundary acting as dynamic resistance and the lower boundary marking where buyers could defend the price.
XRP is now testing the $1.30 support zone, which overlaps with the lower boundary of the descending channel. This confluence makes the current area particularly important for the short-term outlook.
If buyers defend the zone, the asset could attempt a relief rally toward the $1.40 region, where the upper channel boundary is located. A breakout above this resistance would weaken the immediate bearish structure and potentially bring the $1.60-$1.70 area back into focus.
A confirmed move below $1.30 would suggest buyers are losing control of the support area, with the daily $1.15 zone emerging as the next major support region.
