Structure Under Pressure

$XRP has broken below its immediate 4H support at $1.05, signaling a shift in short-term momentum. The $1.05 level held as a consistent floor during the prior session, containing multiple bounce attempts. With that level now decisively cracked, the next structural support rests at $1.01 - a floor established by prior swing lows and a key band traders are actively monitoring.

The move represents a technical breakdown rather than a panic flush. Volume remains healthy at $1.271B across 24h, indicating participation behind the move rather than a low-liquidity spike. Price is currently hovering near the broken $1.05 level, which now functions as potential resistance if any bounce forms.

Fibonacci and Key Price Targets

Using the prior swing high to the recent low as a reference, the 0.618 Fibonacci retracement level sits near $1.03. This zone has historically attracted buyers on initial dips. If $1.03 fails to hold, sellers have a clear path to $1.01 - a level that combines prior swing lows with round-number psychology that typically anchors institutional interest.

Below $1.01, support becomes thinner until approximately $0.95, where longer-term moving averages begin to converge. That broader level would represent a deeper structural breakdown across multiple timeframes.

RSI and Momentum Signals

The 4H RSI has rolled over from neutral (50 zone) toward oversold territory, but has not yet reached extreme oversold (below 30). This suggests the selling pressure is real but not exhausted. MACD on the 4H is in early bearish territory, with the histogram turning negative - a confirmation of momentum shift rather than a reversal signal.

Meaningful divergence would require price to tag new lows while RSI shows hidden divergence (higher low on price, lower high on RSI), signaling potential exhaustion. That setup has not yet formed. Until it does, lower support levels remain the path of least resistance.

What to Watch Next