XRP Breaks Key Support, $1.39 Becomes Pivotal Level

XRP's price recently dipped to around $1.42, following a significant break below the critical $1.80–$2 neckline, resulting in a notable shift in market structure. While this area had served as price support multiple times in recent months, it has now transformed into resistance since the price consistently closed below it, turning market sentiment bearish.

In the past 24 hours, XRP has edged up by 1.4%, trading at approximately 0.00001960 BTC, but intraday fluctuations remain confined between the $1.39 support and $1.47 resistance, forming a narrow short-term trading range. Recent candlestick patterns show a clear buying pullback in the $1.30–$1.35 range, forming a long lower shadow, suggesting short-term buying interest in this area, but no effective reversal signal has yet formed. Since the July high, the market has shown a clear pattern of "lower highs," with the trend gradually moving downward, and the downward momentum has continued into early 2026. The current price is approaching the critical psychological level of $1.39. If it fails to stabilize, the next support target may point to the $1.30 area, and further downward pressure could extend to around $1.00. Conversely, if the price strongly breaks through the $1.47 resistance, it is expected to rebound to the $1.60 range, and the short-term direction will be determined by whether this level is broken. The market is currently at a critical decision-making stage, and traders are closely watching the effectiveness of the $1.39 support to determine whether it is a short-term bottom or a continuation of the downward trend.