XRP has fallen below $1.20, with short-term price action still showing weakness. At the time cited in the source article, XRP traded near $1.22, up about 1% over 24 hours. Even so, the token remained below its 100-hour simple moving average, a sign that bearish momentum has not fully faded.
Price remains trapped between $1.15 and $1.20
On the hourly chart, XRP has been moving in a narrow band between $1.15 and $1.20. A descending trendline is also visible, with the first resistance level placed at $1.1950. XRP has also failed to recover the 23.6% Fibonacci retracement of the drop from $1.3640 to $1.1401, which keeps the odds of a quick rebound limited.
From a technical perspective, any more durable recovery would require a firm close above $1.1950. If that level is reclaimed, traders may then focus on resistance at $1.20, $1.22, and $1.25. Still, the source analysis points to $1.32 as the level that matters most for a clearer reversal in trend.
A break above $1.32 could open the way to $1.43
According to the report, a convincing close above $1.32 could send XRP toward $1.43, implying an upside of about 17% from the quoted price area. The setup is not clean, though. The MACD histogram remains in negative territory, showing that bearish pressure is still present and that a rebound would need more than a single positive signal.
Technical analyst ChartNerd wrote on X that XRP has slipped below the upper regression band of the Gaussian Channel, located near $1.35. He said that in previous cases, similar breaks pulled the price toward the middle regression band, which now sits at $0.84. He also said that if support continues to weaken, a deeper correction toward $0.84 could still be possible at some point in 2026.
Support levels cluster at $1.16, $1.155, and $1.14
If the decline continues, the first support is seen at $1.16, followed by $1.155. A move below that zone would shift attention to $1.15 and $1.144. If XRP falls under $1.144, the last nearby support mentioned in the report is $1.14, though it is described as relatively weak.
The RSI currently shows oversold conditions for XRP. That could trigger short-term buying interest, but the analysis also notes that an oversold reading alone does not confirm the start of a lasting uptrend. Other technical signals would still need to align.