XRP Price at Two-Year Low; Technicals Show Fading Momentum Amidst Uncertainty

XRP’s price has fallen below the significant $1.00 mark, reaching a two-year low this week, as technical indicators present a mixed picture of potential downside risk and fading recent price movement. The current weekly candle has shown a wick as low as approximately $0.965.

According to the analysis, XRP has extended its November sell-off, dropping more than 10% this week. Trading beneath the $1.00 level, the asset is now testing the same support that initiated its August rally, positioning the current zone as a key inflection point for the broader trend. The weekly chart indicates a persistent bearish structure since XRP peaked near $3.65 in July 2025, characterized by a sequence of lower highs and lower lows.

Potential Downside Scenarios

Following a rally from $1.00 in August 2026, XRP briefly reached the $1.60 resistance zone. However, two rejections from this area coincided with a decline that has erased the entire prior move. The token is currently testing the psychological $1.00 support, which also represents the base of the August rally and the floor of a mid-2026 consolidation period. A decisive weekly close below this zone could suggest a notable move, potentially exposing the $0.80 demand zone, which previously capped price action through 2023 and 2024. Below $0.80, the $0.50 region, the base of a late-2024 notable move, could become the next major floor.

Short-Term Structure and RSI Divergence

On the shorter timeframe, the 4-hour chart illustrates a rapid notable move in structure. After a rejection near $1.35 in early November, XRP lost the $1.25 support zone, which had held since mid-September. Since then, the asset has printed consistently lower highs and lower lows, with the latest candles hovering around $0.98 within the $1.00 demand zone.

However, the Relative Strength Index (RSI) indicator presents a more constructive, albeit uncertain, signal. While XRP has made lower lows since November 10, the RSI has formed higher lows after bottoming near 20. This creates a bullish divergence, with the current RSI reading approximately 33. As per the report, this suggests that recent price movement may be fading. It is important to note that a divergence alone does not suggest a reversal.

Outlook and Key Levels

If buyers manage to defend the $1.00 level, a relief bounce toward $1.07 and potentially $1.13 could follow. The former $1.25 support zone would likely act as resistance on any significant recovery. Conversely, a sustained break below $0.98 would invalidate the observed divergence and bring the weekly $0.80 zone into focus.

Until XRP reclaims the $1.60 region, any rally is likely to be considered a relief move within the prevailing downtrend. The current price action presents an uncertain outlook, with the potential for further downside if key support levels are breached, contrasted by a signal of potentially weakening recent price movement. The uncertainty surrounding XRP’s future price action remains, with key levels to watch including the $1.00 support and the $1.60 resistance.

Why This Matters

The current price action presents an uncertain outlook, with the potential for further downside if key support levels are breached, contrasted by a signal of potentially weakening recent price movement. The uncertainty surrounding XRP’s future price action remains, with key levels to watch including the $1.00 support and the $1.60 resistance.

Broader Context

Source materials place the market analysis in this context: XRP has extended its November sell-off, falling more than 10% this week and dropping below the $1.00 mark.