XRP is facing renewed bearish calls as price action struggles under $1.30 to $1.40. Technical analyst Lars Kooistra said the token’s earlier advance had looked like part of a TCT accumulation pattern, but that momentum has now turned. In his view, sellers are starting to regain control, and if buyers fail to take the market back, XRP could move toward $1.20 and $1.10 in the coming sessions.
Higher-time-frame chart points to distribution
Kooistra said XRP’s structure on higher time frames has shifted from accumulation into a distribution schematic. That kind of change usually reflects increasing supply from holders and weaker demand from buyers. He noted that XRP had previously rallied after an accumulation phase, invalidating a short idea, but later price compression led him to reassess the setup and watch for fresh downside entries. Once resistance is tested repeatedly, sharp moves can follow quickly.
His current approach is to monitor short opportunities near major resistance, especially in the $1.30 to $1.40 range. If XRP pushes higher but still cannot break through that band, he sees the move less as a reversal and more as a possible setup for another leg down.
$1.80 and $2.00 remain key levels for bulls
Recent trading has shown persistent selling pressure just below the mid-$1.30s. XRP briefly moved above $1.40, but it did not hold those levels. Analysts remain divided on what that means. Some read the chart as a classic bearish distribution pattern, while others still argue that reversal potential has not disappeared.
Another market observer, ChartNerd, outlined a more negative case. He said XRP would need to decisively reclaim and hold above $1.80 and $2.00; otherwise, a deeper correction could pull price closer to $0.70. In that view, the bearish setup stays valid as long as major resistance continues to cap the market.
Bullish long-term outlook still depends on support absorbing supply
On the short-term side, Kooistra also said even modest rebounds may fail to offer better sell entries for traders waiting on higher prices. If distribution continues and XRP keeps slipping, waiting for a stronger bounce may simply mean missing the move. At press time, XRP was still trading below $1.35, with losses recorded across the daily, weekly, and monthly time frames.
Not all analysts share the bearish stance. Dark Defender and Javon Marks continue to argue for a longer-term bullish outcome, saying XRP could still revisit or even exceed its previous all-time high. That case depends on support levels absorbing current selling pressure and restarting an upward trend. XRP is the token used in Ripple’s cross-border payments platform and remains one of the more closely watched altcoins because of its regulatory history and ongoing legal disputes.