XRP at Risk of Breaking Below $1 as Ethereum Eyes $2,000
XRP's price is struggling to hold its ground, and it may soon break below the $1 threshold. The asset has been unable to withstand selling pressure, which has increased significantly following a breakout from a tightening symmetrical triangle.
According to technical analysis, XRP's next significant move could test a level that it has defended throughout the second half of 2026, unless buyers intervene swiftly. The 20-day, 50-day, 100-day, and 200-day exponential moving averages are all still above where XRP is trading, indicating a clear bearish trend.
Additionally, the 20-day EMA has acted as dynamic resistance, preventing buyers from gaining sufficient momentum to reverse the market structure. The first support level for XRP is currently located around $1.00, which is both technically and psychologically significant.