XRP Price Prediction: 12-Month Support Officially Broken

XRP has broken down from a long-standing descending wedge, losing the $1.80 level that had acted as key support for nearly a year. This shifts market structure firmly bearish in the short to medium term.

Key Technical Points

Daily close below $1.80 confirms loss of 12-month support

Former support now turning into overhead resistance

Market structure still showing lower highs

RSI near 34 → approaching oversold, but no bullish divergence yet

Levels to Watch

❌ Resistance: $1.80

🎯 Next downside target: $1.60 (prior demand & liquidity zone)

Expert Insight

Unless XRP can reclaim and hold above $1.80 on a daily close, any bounce is likely corrective rather than a true trend reversal, especially while broader market sentiment remains risk-off.

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