XRP slips to $1.35 as sentiment turns negative and key support comes into focus

XRP slips to $1.35 as sentiment turns negative and key support comes into focus

N
News Editor 01
2026-07-23 21:10:15
Santiment data shows XRP sentiment slipping into FUD territory as bullish and bearish commentary nearly evens out. XRP is trading near $1.35, with $1.30 seen as key support and $1.50 remaining the main upside hurdle.
XRPRipplemarket sentimenttechnical analysisETF

XRP sentiment has turned sharply weaker again. Data from Santiment shows the ratio of positive to negative commentary around XRP has dropped to 1.1 bullish comments for every 1 bearish comment, putting crowd mood close to FUD territory. Santiment said XRP’s social sentiment had swung sharply negative again. The firm also noted that earlier moves into this zone have often appeared before short-term stabilization or rebounds, though it framed that as a contrarian signal rather than a price call.

According to market data cited by crypto.news for May 26, XRP traded near $1.35. The token was down about 0.65% to 0.8% over 24 hours, with market capitalization near $83.2 billion. Its 24-hour trading range was listed between $1.33 and $1.36. On a wider view, XRP has fallen 2.71% over the last seven days and 5.17% over the past month, showing that short-term price pressure is still in place.

Support around $1.30 remains the immediate line to watch

Technical data points to sideways movement after a broader pullback from XRP’s early 2026 highs. Current short-term support is seen in the $1.30 to $1.33 area, while resistance stands around $1.45 to $1.55.

Momentum indicators still look soft. The MACD line remains below the signal line, and the histogram is slightly negative, suggesting sellers still hold a narrow edge. The RSI sits near 41.71, below the neutral 50 mark but still above the oversold 30 zone. That leaves XRP in weak territory without showing an extreme washout. Trading volume has also stayed modest, lacking the stronger participation that often accompanies decisive breakouts or sharper selloffs.

Analysts are split on whether XRP sees a deeper pullback or a recovery

Crypto analyst Ali Martinez said XRP could move toward the midpoint of a parallel channel if the current structure continues to hold, placing that level near $0.73. That would imply a much deeper correction from current prices. The view does not mean XRP has to fall there, but it identifies a possible accumulation area if the channel remains valid.

EGRAG CRYPTO offered a more constructive higher-timeframe view. The analyst said XRP is still trading above a broader formation and remains above its macro support line. Under that setup, $2.00 and $3.00 remain possible upside zones if the structure holds. At the same time, EGRAG warned that a decisive break below the formation could bring $1.10 back into play.

Separately, a crypto.news post on X cited Korean analyst Ninedex as keeping a main XRP target of $5 if price reaches the upper boundary of its middle channel. The same post mentioned a more aggressive bull case at $20 if XRP breaks above a decade-long channel in a move similar to its 2018 setup. Those levels remain analyst projections, and they depend on XRP holding support, reclaiming resistance, and breaking through higher channel levels.

$1.30 below and $1.50 above remain the clearest triggers

For the near term, the market is watching whether XRP can defend the $1.30 to $1.33 zone. If buyers manage to hold that range, fear-driven sentiment could set up a rebound attempt. On the upside, a move back above $1.45 would be an initial sign of recovery. A stronger close above $1.50 would give bulls more control and shift attention toward the $1.55 resistance area.

Beyond price action, on-chain and fund-flow developments are still part of the broader XRP picture. Earlier reporting said wallets linked to Ripple co-founder Chris Larsen had resumed activity, and those wallets remain among the largest known individual XRP holdings. ETF data also stayed in focus. Sosovalue figures showed XRP ETF products recorded $116.74 million in monthly net inflows in May, up from $81.59 million in April. Cumulative net inflows reached $1.41 billion, monthly traded value came in at $315.34 million, and total net assets stood at $1.13 billion. For now, XRP is caught between weak momentum and rising crowd fear, with the next move still tied to those major price levels.

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