XRP Price Risks Falling Below $1 Unless It Breaks This Barrier

Ripple's price has come under renewed selling pressure after failing to sustain its previous rebound. This sent the price back toward a key support region, where buyers have stepped in to defend the decline.

The broader technical picture still favors caution as the asset trades below major resistance levels. The daily chart reflects a bearish market structure, with XRP trading inside a long-term descending channel and below both the 100-day and 200-day moving averages.

The recent rejection from the upper portion of the range reinforces that sellers are still controlling the broader trend. A successful reclaim of the $1.24 to $1.28 resistance area would be the first meaningful sign that momentum is shifting in favor of the bulls.