Latest update: XRP price confronts a crucial make-or-break test

crypthub

about 4 hours ago

Market Overview

XRP stays under pressure as the broader crypto market weakens. The token trades near $1.37, down about 60% from its July 2025 peak of $3.60. Since October 2025 the price has been on a steady decline, leaving analysts unsure whether a base is forming or further losses are imminent.

Technical Scenarios

Technical analysis by More Crypto Online (MCO) sees two possible paths on the four‑day chart. One view treats the recent moves as a B‑wave recovery within an ABC correction, limiting upside to around $2.86 before another pullback. The alternative counts the decline as a completed Wave 4, setting up a Wave 5 rally that could push XRP toward $6. MCO stresses the near‑term focus is on whether higher prices can be held rather than assuming an immediate trend reversal.

Support Levels & Short‑Term Outlook

The $1.21 level, the 50 % Fibonacci retracement of the Jan 2025 rally, is crucial; a break below $1.20, especially under the February swing low, could trigger a deeper fall toward $0.49‑$0.99. On the 30‑minute chart XRP forms three‑wave patterns between $1.21 and $1.54, indicating weak buyer control. A sustained move above $1.52 would support a short‑term base, while failure may test the $1.31‑$1.36 support zone.