Structure Collapse and Immediate Support Loss

$XRP has broken below its nearest 4H support at $1.13, now trading near $1.12 with a 24h volume of $1.945B. This represents a loss of a key technical floor that had contained price action in the near term. The breakdown occurred during what appears to be a session-driven selloff, pushing the asset into fresh weekly lows.

The -4.79% 24h decline signals conviction behind the move lower, not a shallow pullback. When support of this proximity breaks on elevated volume, it typically indicates repositioning among active traders rather than mere noise.

The Next Structural Level: $1.10

With $1.13 no longer in play as a floor, the next structural resistance-turned-support sits at $1.10. This level carries technical weight because it has previously functioned as a swing point in XRP's recent range. A hold above $1.10 would suggest the breakdown has completed a localized correction; a break below would signal continuation of the decline and expose weaker levels further down the chart.

The distance between the current $1.12 and the $1.10 level is marginal - roughly 1.8% - meaning traders do not have a large buffer before testing this next hurdle. Price is already in proximity to that zone, making the next 24-48 hours critical for structure assessment.

Chart Mechanics and What To Monitor

On the 4H timeframe, the break below $1.13 has created a lower high and lower low pattern in the recent swing. This is textbook bearish structure: each leg down establishes a fresh low, and each bounce fails to reclaim the prior high. RSI and MACD readings will determine whether momentum has exhausted or is sustaining the move.

If price does hold $1.10, watch for a reversal signal on your 4H chart - a hammer, bullish engulfing, or divergence between price and momentum. Conversely, a break of $1.10 without hesitation would target $1.08-$1.07 as the next demand zone based on weekly chart structure.