XRP spent the better part of four months establishing a trading range that included a series of contested highs and lows that kept both bulls and bears engaged.
It’s a semblance of stability now in solemn danger, as the cryptocurrency has returned right to the support level that anchored its lows during the consolidation. XRP losing this level of support will determine the next significant directional move.
XRP returns to the same low level
XRP price action on the daily candlestick chart shows that the cryptocurrency is currently locked in a consolidation range that has been forming since February 2026. The upper end of the range is around $1.55, capping much of the upside since February, while the lower end is hovering around the $1.26 to $1.28 area.
Analysis, which has been published on the social media platform it has since declined to about $1.16.
This loss of support matters because the lower range was one of the purest technical levels on the chart. XRP had previously reacted in this area during the earlier declines in March and April, which meant that this was the point where buyers were expected to defend this structure again.
However, now that the situation is different, a weekly close below the range would weaken this assumption and suggest that the month-long sideways move has ended in favor of sellers.
Unfavorable scenarios: USD 1.10 to USD 0.63
The Guy on the Earth analyst whose chart forms the basis of this analysis presented the following case lose previous support area puts XRP on a path to $1.10, just below its early February low. This scenario already appears to be playing out as the cryptocurrency is currently trading below its low range, down 6.1% in the last 24 hours.
The more consequential question is how far a sustained breakdown extends from $1.10. The most likely lower zone is between $0.75 and $0.95 if range support is lost and a deeper correction occurs.
Crypto analyst Patel weighs in regardless of Xhe pointed to the $1.10-$1.30 range as the current accumulation zone and stated that if this support is broken, buying in the $0.65-$0.85 range could become a generational trend.
This range would be painful for holders, but would still be within a larger bull market pullback if XRP eventually stabilizes and returns to higher levels. The worst-case upside scenario in the analysis is around $0.63, which would be XRP it gives almost everything growth in the bull market from the end of 2023 before you find a lasting one support.
Featured image from Freepik, chart from Tradingview.com
