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Ripple Price Prediction: XRP Risks Deeper Drop as $1.07 Support Comes Under Pressure

Ripple Price Prediction: XRP Risks Deeper Drop as $1.07 Support Comes Under Pressure

CryptoNewsNetCryptoNewsNet2026/06/23 14:49
By:CryptoNewsNet
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Ripple Price Prediction: XRP Risks Deeper Drop as $1.07 Support Comes Under Pressure

Ripple Price Prediction: XRP Risks Deeper Drop as $1.07 Support Comes Under Pressure image 0  cryptopotato.com 15 m
Ripple Price Prediction: XRP Risks Deeper Drop as $1.07 Support Comes Under Pressure image 1

$XRP remains under pressure after failing to sustain last week’s recovery attempt. The latest price action shows sellers regaining control near a key resistance zone, pushing the asset back toward a major support area that is now becoming the focal point for the short-term trend.

Ripple Price Analysis: The Daily Chart

On the daily timeframe, $XRP continues to trade within a broad descending channel and remains below both the 100- and 200-day moving averages. The recent rebound stalled beneath the 100-day MA and the lower boundary of the highlighted resistance zone around $1.28 to $1.35, reinforcing the bearish higher-timeframe structure.

The most recent development is the rejection from that resistance area and the subsequent move back toward the $1.07 to $1.15 demand zone. This support region has repeatedly attracted buyers throughout June and remains the most important level on the chart.

As long as $XRP holds above this zone, the market may continue consolidating within its current range. However, a decisive breakdown below $1.07 would expose the previous swing low and significantly increase the probability of another leg lower.

On the upside, buyers must reclaim the $1.28 to $1.35 resistance area before any meaningful trend reversal can be considered.

Ripple Price Prediction: XRP Risks Deeper Drop as $1.07 Support Comes Under Pressure image 2 Source: TradingView

$XRP/USDT 4-Hour Chart

The 4-hour chart shows a clear deterioration in short-term momentum. After failing to break above the ascending resistance trendline and the $1.26 to $1.3 supply zone, $XRP rolled over and erased most of its recovery gains.

More importantly, the recent rebound from the support zone produced another lower high near $1.25 before sellers regained control. Since then, price has drifted back toward the $1.1 support region and is currently trading near the lower boundary of the range.

The latest candles suggest weakening buying pressure, with $XRP struggling to generate any meaningful bounce despite sitting on support. This places greater attention on the $1.07-$1.15 demand zone.

If buyers can defend the current area, another recovery toward $1.2 and eventually $1.26 remains possible. However, a breakdown below support would invalidate the recent consolidation structure and could trigger a deeper move lower.

Overall, the short-term outlook has become increasingly defensive. $XRP remains trapped below key resistance while repeatedly revisiting support, leaving the $1.07 to $1.15 region as the critical level likely to determine the next directional move.

Ripple Price Prediction: XRP Risks Deeper Drop as $1.07 Support Comes Under Pressure image 3 Source: TradingView
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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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