Saad Ullah
XRP has been under sustained selling pressure for several weeks, with the price sliding from levels above $2 before finding a footing in the $1.30-$1.35 range. The latest chart data shows the token trading around $1.35, and while the broader trend has been corrective, there are early signs that momentum may be shifting. For traders watching the space, the key question now is whether the current base holds or the decline continues.
$1.30-$1.35 Support Zone Becomes the Line in the Sand
XRP has repeatedly tested the $1.30-$1.35 range over recent sessions, and that repetition matters. When a price level gets tested multiple times without breaking, it typically signals that buyers are actively stepping in. The current chart structure reflects just that: a token that ran hard to the downside, then found a zone where demand is beginning to absorb the sell pressure. As XRP Price News: Is a Bullish Reversal on the Horizon? previously highlighted, XRP was already trading within a descending channel while approaching a critical support area, and the current setup continues that narrative.
The decline that brought XRP here was significant. Price action moved steadily lower from resistance above $2, compressing into a narrower range as it neared the current support. That kind of price compression near a key level is often what precedes a directional decision. Consolidation at support does not guarantee a reversal, but it does create the conditions for one.
Can XRP Push Toward $1.50? Here's What the Structure Says
If buying interest continues to hold around the current zone, the next logical target on the upside is $1.50, which represents the nearest visible resistance on the chart. That level is not far off from current prices, but getting there requires sustained follow-through. XRP News Prediction: Consolidates at $2.75 Support, Breakout or Breakdown Ahead made a similar case earlier, noting that prolonged consolidation near support can set up a meaningful move in either direction once participation picks up.
Longer-term analysis from XRP Price Prediction: Support Holds, Bulls Target $4.03 also pointed to a pattern where extended channel declines eventually give way to sharp recoveries once a key floor holds firm. The current setup near $1.35 fits that broader template. How XRP behaves around this zone over the coming sessions will likely define whether the market transitions into recovery mode or extends its corrective phase.
Saad Ullah
