XRP Holds Near $1.10 as Traders Track a Longer-Term Breakout Setup

XRP Holds Near $1.10 as Traders Track a Longer-Term Breakout Setup

N
News Editor 01
2026-07-23 18:50:15
XRP stayed near $1.09 in a tight range, with traders focused on whether support at $1.00-$1.05 can keep holding. A confirmed move above nearby resistance is still needed before larger upside targets come into play.
XRPtechnical-analysiscrypto-marketsupport-resistance

XRP stayed close to $1.09 in early Tuesday trading, inching from $1.0890 to $1.0900 while remaining trapped in a tight short-term range. The market is not treating this as a breakout yet. Buyers are still defending the $1.00-$1.05 support area, while sellers continue to cap price below nearby resistance, leaving XRP compressed between a floor that has held for weeks and a broader downtrend line that still has not been cleared.

Support at $1.00-$1.05 remains the key line

Analysts cited a long-term falling wedge and an ascending channel that remain valid as long as XRP holds above $1.00-$1.05. That zone is also seen as overlapping with longer-term moving average support and trendline support. If XRP loses that area, attention would shift back to $0.90 and then $0.80.

The short-term chart still looks fragile. A sequence of lower highs at $1.1133, $1.0993 and $1.0932 suggests sellers are still limiting rebound attempts. For the structure to improve, XRP needs to hold above $1.088-$1.091 and then build toward $1.093-$1.095.

Brief breakout attempt above $1.088 lost momentum

One intraday move briefly pushed through $1.088 resistance during a 23:44 UTC breakout attempt. Volume during that push reached 688,000 XRP, roughly 120% above the session average. The move did not hold, and price slipped back into the same narrow band.

Earlier selling had already pushed XRP down to a session low near $1.0742. During that decline, volume rose to 80.2 million XRP, about 83% above the 24-hour average. Heavy activity appeared on both sides, but the result was the same: compression remained intact.

Higher targets are being discussed, but confirmation is still missing

With no clear fundamental catalyst in the session, technical levels continue to drive positioning. Several chart analysts have pointed to upside targets around $2.20 and the prior all-time high near $3.65, but only if XRP can break its longer-term downtrend.

More aggressive Fibonacci projections extend to $4.10, $7.60 and $11.80. Those levels are conditional. They depend on a confirmed breakout that has not happened yet. For now, the broader setup is still better described as a compression trade than a completed reversal.

Levels traders are watching next

The first resistance area remains $1.088-$1.091, the same zone that capped the latest breakout attempt. If XRP can clear it, the next major area comes in at $1.20-$1.25, where candle resistance and the 100-day moving average sit. A move above $1.40 would be the first stronger sign that XRP is breaking out of its broader consolidation.

Relative weakness against bitcoin is still part of the risk picture. The XRPBTC pair is testing support near 1,700 sats, a level that some analysts are using as another signal for whether momentum can improve.

This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan.
200

Disclaimer:

The market information, project data, and third-party content displayed on this platform are for industry information sharing only and do not constitute any form of investment advice or return commitment.

Cryptocurrency trading carries high risks. Users should fully assess their risk tolerance and make independent decisions. All profits, losses, and legal responsibilities are borne by the users themselves.