XRP has moved into a narrow and important trading range, with price action compressed between $1.11 support and $1.65 resistance. That leaves traders focused on a simple technical question: whether the current correction extends toward $0.87, or whether the token can regain strength and reopen the path to higher levels.
The asset has fallen nearly 60% from its $3.65 high and is now trading around $1.35. That decline has reshaped the short-term chart into a bearish structure defined by lower highs and lower lows. In a recent post on X, analyst Diana said XRP turned bearish after losing momentum levels that had supported earlier recovery attempts. She pointed to the $1.40 area, where repeated rejection wicks now indicate that sellers remain in control.
$1.11 Has Become the Immediate Risk Level
Attention has shifted to $1.11, which lines up with a previously established structural low on higher timeframes. If XRP can hold above that zone, consolidation could continue and price may begin forming a temporary base while volatility tightens. The range is narrow. The level matters.
If XRP breaks below $1.11 with strong volume, downside pressure could build quickly as liquidity below $1.00 comes into view. In that case, the next area on the chart sits between $0.87 and $0.80. That region served as a demand base in earlier consolidation phases and is now being watched as the next structural support area.
Higher-timeframe signals remain weak. XRP is still trading below the 23.6% Fibonacci retracement level near $1.53, which points to softer macro momentum, while lower-timeframe indicators continue to show limited buying strength.
A Move Above $1.65 Could Change the Structure
Even with the current bearish setup, analysts identify $1.65 as the clear invalidation point. It marks a prior breakdown zone and also stands as a significant lower high inside the broader trend. A decisive break above that level would change the technical picture from bearish continuation to a possible trend reversal.
If XRP closes above $1.65 and holds that move, the next upside areas sit near $2.20 and $2.50. From there, the chart would point back toward the $3.65 peak. Under favorable market conditions, extension targets near $5 could return to the conversation.
For now, the range is clearly defined. $1.11 is the support traders are watching, and $1.65 is the level that would need to be reclaimed to shift momentum. The next break is likely to decide whether XRP drops toward $0.87 or starts rebuilding upward pressure.