Market Structure Update | XRP Approaches a Key Support Test
Short-term price action for XRP continues to show increasing sell-side pressure on the 1-hour timeframe, placing focus on a critical structural level near $1.30.
This zone represents an important liquidity and support area. A sustained loss of this level would likely indicate a short-term market structure break, potentially opening the path toward the $1.00 psychological level, where historical demand may re-emerge.
Key Levels to Monitor:
• Primary Support: $1.30
• Downside Risk Zone: $1.00
• Structure Invalidation: A confirmed reclaim above $1.3866 would weaken the bearish outlook
Market Assessment:
While price remains below the invalidation level, short-term bias remains cautious, with downside risk elevated. Monitoring reaction at $1.30 will be critical in determining whether support holds or further pressure develops.