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XRP’s $1 Support Faces Fresh Test After Brief Break Below 2026 Low

A failure to reclaim the $1.06–$1.09 resistance band would leave sellers in control and expose substantially lower technical targets.

Overview

  • The selloff on Tuesday pushed XRP briefly below the June low near $1.01, but buyers later returned price to roughly $0.99–$1.01 and prevented a clean daily close under parity.
  • Price sits below the 10-, 20-, 50-, 100- and 200-period moving averages and momentum readings such as the RSI are near oversold, leaving the near-term structure bearish until key moving averages are reclaimed.
  • Order-flow data show sustained net selling across spot and futures, a spike in forced long liquidations and rising perpetual open interest of about 2.74 billion XRP, which can accelerate downside moves if selling continues.
  • Institutional demand through U.S. spot XRP ETFs has cooled after the CLARITY Act vote was delayed, and muted ETF flows have removed a near-term catalyst for fresh buying.
  • On-chain signals are mixed: wallets holding at least 1 million XRP have increased even as monthly active addresses, trading volume and XRPL fees have fallen, and analysts say a confirmed break below $1 could open targets near $0.64 and $0.43 while a reclaim of $1.06–$1.09 would be needed to stabilise the chart.