[DigitalToday reporter Yoonseo Lee] XRP has lost the $1.27 to $1.31 key support zone. That range has turned into resistance, bringing the defence of the $1 level into focus as the next pivot.
On June 19 (local time), blockchain outlet The Crypto Basic reported that XRP failed to rebound early last week and has again been pushed toward the $1.05 support zone.
XRP fell below the $1.27 to $1.31 range on June 1. The price band had been a key support that held back declines for months after a sharp market drop in early February 2026. But the level broke in June, changing the market structure. With selling pressure holding the upper hand, the former support zone now functions as a major resistance level.
Price action also confirmed it. XRP rebounded to $1.29 early this week but failed to extend gains. The rebound was capped within the former support area, reinforcing signals that $1.27 to $1.31 has flipped into resistance. XRP then fell more than 12 percent from Monday's high of $1.29 and is trading around $1.13. It also fell for three straight sessions on an intraday basis, and the possibility has been raised that weakness could extend into a fourth session.
The level the market is watching most closely is $1.05. XRP fell to around $1.05 on June 6, setting a new year-to-date low. The area is also close to the psychological support level at $1.
Technical indicators also underline the importance of the $1.05 zone. The lower Bollinger Band stands at $1.05236, almost matching the $1.05 support level. That is why warnings are emerging that downside pressure could increase if $1.05 breaks.
Trend indicators also tilt toward weakness. In the directional index, +DI, which signals buying dominance, fell to 20.4, while -DI, which indicates selling dominance, rose to 27.45 and continues to point to an ongoing move higher. ADX, which shows trend strength, printed 27.9. That indicates the current downtrend remains strong. For XRP to return to a rebound path, ADX and -DI would need to weaken together as selling momentum fades.
If it loses $1.05 and the $1 level, the next major support zone forms lower down. For now, $0.83, the 1.618 Fibonacci extension level, is cited as the next key support. In that case, XRP would first need to regain the $1 psychological line before attempting another challenge in the $1.30 range. But major psychological supports such as $1 often turn into strong resistance once broken, which could make any recovery more difficult.
In the short term, reclaiming $1.143 is the first hurdle. The price overlaps with the 0.786 Fibonacci retracement level. If XRP quickly retakes that line, it may have room to test $1.17, where the middle Bollinger Band sits. It could then attempt a renewed rebound through $1.21, the 0.618 Fibonacci retracement level, and up to $1.29, where the upper Bollinger Band is located.
Even if it rebounds, the $1.27 to $1.31 resistance zone remains a big barrier. If buying is weak, gains could again be capped there. In the broader picture, a strong close above $1.6 is needed to view the market as having exited a bearish phase. The $1.6 level blocked a rebound attempt in mid-March and remains a key resistance where XRP has repeatedly failed to recover since the early February decline.