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XRP fell to a yearly low of $1.0079 this week before buyers pushed it toward $1.05-$1.06. The token remains down about 8% over seven days. Its next move now depends on the $0.93-$1.00 support zone. The decline also pushed realized investor losses to levels last recorded during the 2022 crypto bear market. Meanwhile, analysts continue tracking a possible bottoming structure near the current support area.
Buyers reacted near $1.0079 and prevented an immediate break below the psychological $1 level. That response preserved the existing recovery setup, although the market has not confirmed a reversal. The wider support zone runs from $0.93 to $1.00. It matches earlier breakout levels, a long-term rising trend line, and a Fibonacci extension followed by technical traders.
Can XRP hold this zone long enough to rebuild momentum? A decisive close below $0.93 could weaken the bottoming structure and expose the next support area near $0.80.
On the upside, XRP first faces resistance near $1.15. Bulls would then need to reclaim $1.40 before testing the stronger barrier between $1.70 and $1.90.
Glassnode data shows XRP’s 90-day Realized Profit/Loss Ratio near 0.33. The reading matches 2022 bear-market levels and indicates that holders are selling more coins at losses. The ratio compares the value of coins sold at a profit with those sold at a loss. Readings above one favor realized gains, while readings below one indicate greater losses.
XRP’s ratio first fell below one in April 2026, when the token traded between $1.30 and $1.40. It later reached 0.38 in early June before declining again.
Still, the indicator does not confirm a market bottom. During the 2022 downturn, the ratio fell below 0.20 before XRP continued lower toward $0.31.
Dark Defender says XRP may be nearing the end of a wave-four correction around $0.9327. That level closely matches the support zone that buyers currently defend. His weekly chart also places the Relative Strength Index near 29, which reflects oversold conditions. Under his Elliott Wave count, a fifth-wave advance could target $5.86 and then $8.78.
The analyst also maps a longer-term target near $18.23. That scenario requires a multi-year expansion and remains highly speculative within the projection.
Mikybull Crypto also tracks a possible capitulation phase near XRP’s rising trend line from the 2020 market bottom. His chart places XRP near a major Fibonacci retracement and below the Ichimoku Cloud.
His longer-term projection points to the $5-$8 range if XRP holds the trend line. Before then, the token must defend support, reclaim $1.40, and clear resistance between $1.80 and $1.90.
A break above those levels could return attention to the previous cycle high near $3.60. A support failure could instead send XRP toward $0.80 before another recovery attempt.
XRP remains at a decisive point as buyers defend the $0.93-$1.00 support zone while holder losses reach 2022 bear-market levels. A recovery above $1.40 could strengthen the bullish outlook, but losing $0.93 may expose $0.80. Traders should closely monitor these levels before expecting a sustained rebound.
