XRP Price Prediction: XRP Trades at $1.06 as Analysts Warn of a 20% Crash Toward $0.80

The XRP Price is trading around $1.06 to $1.08, leaving the token close to a support zone that traders have been watching for weeks. Analysts say the next move may depend on whether buyers can defend the $1.00 psychological level.

If that support gives way, the XRP Price could slide another 20% to 25%, with $0.80 to $0.85 emerging as the next downside target. Recent chart signals and on-chain data point to weaker market sentiment. Investors are tracking support levels, trading volume, and Bitcoin’s direction to see whether XRP can hold its ground or move lower.

Why the XRP Price Is Under Pressure

The XRP Price has struggled to gain momentum during recent sessions. Buying interest has slowed, while cautious sentiment across the cryptocurrency market continues to favor sellers. XRP is also trading below several widely watched technical indicators. Until buyers reclaim those levels, rallies are likely to face resistance before they gather strength.

XRP Price Prediction: Can XRP Fall to $0.80?

Many analysts believe the XRP Price could move lower if it breaks below the $1.00-$1.04 support range. Losing that area may trigger more selling and increase the chances of a decline toward $0.80 to $0.85. This range has attracted buyers in the past and is viewed as a historical demand zone. If buying activity returns there, XRP could stabilize after the pullback.

XRP Price Technical Outlook

The XRP Price is testing a support area that has held during previous declines. Staying above $1.00 to $1.04 would help maintain the current trading range and reduce immediate downside pressure. The first hurdle for buyers sits near $1.10. A breakout above the $1.15–$1.20 range would invalidate the current bearish outlook and strengthen the potential for a short-term recovery.

Technical Indicators Show Weak Momentum

The XRP Price remains below its daily Exponential Moving Averages (EMAs) and the 200-day moving average. That tells traders the short-term trend still favors sellers. The Relative Strength Index (RSI) is hovering around 40, showing that buying momentum remains limited. The indicator has not reached oversold levels, but it also does not show strong demand returning.

Whale Activity Increases Selling Pressure

On-chain data shows higher exchange inflows from large XRP holders, often referred to as whales. When more tokens move to exchanges, traders sometimes see it as a sign that larger investors are preparing to sell. Network activity has also slowed, with fewer active daily wallet addresses than before. Lower activity can reflect weaker participation, adding more pressure to the XRP Price.

Bitcoin Could Influence the Next XRP Price Move

The XRP Price often follows the direction of the broader cryptocurrency market. Bitcoin remains the largest influence on overall market sentiment. If Bitcoin extends its decline, XRP could face additional selling pressure. If Bitcoin rebounds, it may help improve confidence across the market and support a recovery in XRP.

Important XRP Price Levels to Watch

Level Type	Price Range	Importance
Immediate Resistance	$1.10 to $1.15	A daily close above this range would weaken the bearish trend.
Major Resistance	$1.15 to $1.20	A breakout here could support a stronger recovery.
Primary Support	$1.00 to $1.04	Buyers need to defend this area to avoid further losses.
Downside Target	$0.80 to $0.85	Historical demand zone if support breaks.

What Could Change the Current Outlook?

The bearish view would become less convincing if the XRP Price stays above $1.00 and closes above $1.10 to $1.15 with stronger trading volume. Higher RSI readings, renewed buying from large holders, and lower exchange inflows would also improve market sentiment. Better performance across the cryptocurrency market could support that recovery.

Final Thoughts

The XRP Price remains under pressure while trading around $1.06 to $1.08. Technical indicators, whale activity, and cautious market sentiment suggest more downside is possible if the $1.00 to $1.04 support zone fails. A break below that level could send XRP toward $0.80 to $0.85. Price action can change quickly.

Disclaimer:

The content shared by Meyka AI PTY LTD is for research and informational purposes only. Meyka is not a financial advisory service, and the information provided should not be treated as investment or trading advice.