Usman Salis
XRP is facing renewed downside pressure after breaking below the $1.31 level, signaling weakness in the current structure. TheCryptoBasic outlined a step-by-step decline scenario where the move shifts focus toward lower price zones before any meaningful recovery attempt can develop.
The Breakdown That Opened the Path Lower
The chart shows XRP losing the $1.31 support level, which had been holding price during recent consolidation. This breakdown marks a continuation of the bearish structure and suggests that sellers are regaining control.
The loss of $1.31 is the key trigger that shifts attention toward deeper downside targets - any recovery attempt before that happens is likely to remain limited.
Following the move, price is now positioned below prior support, increasing the likelihood of further downside continuation in the near term. The structure reflects a market where the burden of proof has shifted to buyers.
XRP Price Projects a Structured Move Toward $1.05-$1.09
The projected path on the chart outlines a sequence of moves rather than a single drop. The structure suggests XRP could decline toward the $1.05-$1.09 range as the next key zone.
After reaching that area, the chart indicates a potential short-term rebound toward approximately $1.27, forming a temporary recovery before the trend resumes.
This type of pattern reflects a corrective structure where rebounds occur but do not break the broader direction - relief bounces tend to be short-lived when the macro trend remains down.
This behavior is consistent with broader XRP technical setups, where price action alternates between sharp drops and brief recoveries without establishing a new directional trend.
The Final Leg Points to Macro Support Near $0.87
Beyond the initial downside move and relief bounce, the chart highlights a deeper target near $0.87. This level is marked as a macro support zone and represents the final leg of the projected structure.
Bearish channel analysis has previously flagged how persistent downtrend structures signal continued pressure toward lower support zones - and the current setup fits that pattern closely.
If the $0.87 macro support zone comes into play, it would represent a significant retracement from recent highs - one that could finally attract longer-term buyers back into the market.
Short-Term Weakness Within a Larger XRP Framework
While the chart reflects ongoing downside pressure, it also indicates that the broader structure may still remain intact if price stabilizes at lower support levels. The $0.87 zone in particular has historically acted as a major floor for XRP during previous corrective phases.
For now, XRP remains in a corrective phase, with sellers in control and each rally being treated as an opportunity to add to short exposure rather than a signal of trend reversal.
Usman Salis
