XRP Price Hinges on Three Critical Levels

XRP's price is at an important technical juncture on the 4-hour chart, where short-term weakness is developing inside a larger recovery structure.

The current rejection of XRP's August surge toward $1.50-$1.55 has pushed price back beneath intermediate Fibonacci levels, shifting attention to deeper support.

The first major support zone to watch is the $1.09-$1.11 region, which carries significant technical confluence with macro 0.786 and 0.618 retracement levels, as well as a horizontal demand zone in the same area.

XRP must first work through the $1.26-$1.24 region, corresponding roughly to the 0.618 and 0.65 retracement levels, before reaching that support.