$XRP is holding near $1.13 on the weekly chart, a level that has been acting as critical support through the current bear market. The longer-term bearish trend has not yet reversed and no confirmation of a structural bottom has arrived. For now the $1.13 level is doing the work of keeping the price structure intact.
The Downside Risks
A confirmed break below $1.13 would open the door to the next major support zone between $0.90 and $1.00. If that area fails to hold, analysts are watching $0.70 as the next significant target to the downside.
Neither scenario has been confirmed yet and $1.13 remains and support unless a decisive close below it changes that picture.
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