XRP Tests $1 Support As $0.60 Crash Risk Deepens

Ripple analysis showed XRP (XRP) still under seller control as the token tested $1 support and risked a deeper slide toward $0.60.

Key Points:

XRP Price

CryptoPotato analyst Shayan Markets said XRP’s broader trend still favors sellers, with the token extending a months-long decline inside a descending channel.

On the Tether (USDT) pair, XRP traded near $1.04 after nearly losing the $1.10 level, which has now become immediate resistance. The token also stayed below the 100-day moving average near $1.25 and the 200-day moving average near $1.50.

Both averages continue to slope lower, which keeps the bearish structure intact. The upper boundary of the descending channel is also moving toward those averages, creating a resistance cluster that buyers would need to reclaim.

The key test is now the $1 support area. A confirmed breakdown below that level could open the way to the next major demand zone near $0.60, while the Relative Strength Index keeps moving toward oversold territory.

Also Read: TRX Support Battle Builds As Money Flow Keeps Bulls In Play

Bitcoin Pair

Against Bitcoin (BTC), XRP also remains inside a descending channel, showing continued weakness against the market’s largest cryptocurrency.

The XRP/BTC pair traded near 1,720 sats and sat directly on a horizontal support level that has drawn buyers several times since May. A loss of roughly 1,700 sats could put the lower channel boundary near 1,500 sats back in focus.

The recovery setup remains limited because XRP trades below the 100-day moving average near 1,850 sats and the 200-day moving average near 2,000 sats. Any rebound would likely meet resistance there before reaching the upper channel line.

The latest setup follows a wider period of weakness in XRP, where repeated support tests have mattered more than isolated rebounds. The current $1 zone is therefore not just another chart level, because a clean loss would shift attention from stabilization to a deeper retest.

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