coinpedia.org
03 June 2026 19:51, UTC
$XRP is flashing its most serious bearish technical signals in months, and analysts who have been tracking the token’s price structure warn that the worst may not be over yet.
For several months, $1.30 acted as a reliable floor for $XRP. However, $XRP has now broken convincingly below $1.30, and with the weekly candle close approaching in five days, analysts are looking to see whether that break gets confirmed on the higher time frame.
Where $XRP Could Go From Here
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If the breakdown confirms, the next support sits at approximately $1.13, roughly 6% below current prices. That level could be reached quickly given the momentum behind the current move.
Below $1.13, the picture gets more concerning. The next major support zone sits between $0.90 and $1.00, a level that would represent a drop of more than 20% from where $XRP trades today.
In a worst-case scenario, technical analysts are pointing to $0.70 as a deeper support level, representing a more than 40% decline from current prices. That level carries historical significance as a zone where previous resistance has flipped into support on long-term charts.
Do Not Be Fooled by Short-Term Bounces
With $XRP now in oversold territory on several indicators, short-term bounces are likely and should be expected. The broader trend, momentum and price structure all continue to point in the bearish direction. Short-term bounces within a downtrend are normal and do not signal a reversal until the underlying structure changes.
The breakdown below $1.27 to $1.28, a secondary support level that briefly held after the initial $1.30 break, has now also been lost. The price structure that supported $XRP through much of the past several months has fully collapsed.
Warnings about a potential move toward $1.30 were being issued when $XRP was trading near $3 in mid-2025. The fact that those targets have now been reached does not mean the analysis stops there. The same framework that identified $1.30 as a key level now points to $1.13, $0.90 and potentially $0.70 as the next important levels to watch heading into June and beyond.
