XRP has dropped 8.9% over the last seven days, leaving traders focused on how the token behaves near $1.12. The latest leg lower gathered pace after XRP failed to stay above $1.1550. Price then moved below $1.1420 and broke the 50% Fibonacci retracement measured from the $1.050 low to the $1.1862 high. It also remains below the 100-hour simple moving average.
Resistance clusters around $1.12 and higher
On the hourly chart, a descending trend line remains in place, with immediate resistance at $1.120. If buyers step in, the next levels to watch are $1.1350, $1.1420, and $1.1550. A break through that sequence could open the way toward $1.1650 and $1.1840.
The source article says a short-term bullish structure would require XRP to hold above $1.12 first. After that, it would need a high-volume move through the $1.25 to $1.30 band. That range stands out. It is the area multiple analysts are watching most closely.
Analysts keep pointing to the $1.25-$1.30 zone
Market analyst Diana said XRP bounced from macro support near $1.09 and is now testing resistance between $1.20 and $1.25. In her view, a decisive break above $1.30 could shift attention to $1.65, suggesting the current correction may be losing strength.
Ali Charts, meanwhile, said the Tom DeMark Sequential indicator is flashing a buy signal for XRP. The article describes that tool as one used to identify possible exhaustion and reversal points in a trend, while also noting that it should not be treated as a standalone trigger and is usually read together with volume and support-resistance levels.
$1.10 is the downside level in focus
Technical strategist Egrag Crypto shared a broader chart view using Fibonacci circles, channels, extension levels, and a falling wedge pattern. He said XRP is consolidating within an important Fibonacci time interval. For the falling wedge setup to be validated, price would first need to reclaim the $1.66 to $2.00 range.
If that condition is met, Egrag Crypto listed longer-term upside levels at $8.48, $13.70, $18.06, and $27.68. He also stressed that those targets still need confirmation from technical signals. On the support side, the zones highlighted in the article are $1.21, $0.90, and $0.60.
For the near term, $1.10 is the level under the closest watch. If XRP breaks below it, support may appear at $1.080, $1.0650, and $1.050. If selling intensifies, traders may then look at $1.020 and $1.00. The article also notes that failure to clear $1.25 could keep the correction going, while a move back under $1.09 may bring the $0.90 to $0.86 area back into focus.