Ripple (XRP) (Photo: Shutterstock)

If XRP slips below the $1 level, the next areas the market is watching to consider buying are $0.88, $0.70 and $0.32.

On June 25, blockchain outlet The Crypto Basic reported that XRP tried to find support in a demand zone around $1.10, but has fallen to around $1.03. Selling pressure remains dominant on the weekly chart.

XRP is likely to post a second consecutive weekly bearish candle. Six of the past seven weekly closes also ended lower. That indicates the correction has continued since it retreated from a May 2026 high of $1.55.

The long-term uptrend line is still intact. The trend line has repeatedly supported XRP's price since March 2020 and is now near $0.88. XRP also found support near that line when it fell to $0.38 in July 2024 and to $0.48 in late October 2024.

At the time, XRP moved sideways for several days above the support line before a strong rebound. A rally that began around $0.49 in November 2024 ran to $2.35 in December 2024, a gain of 370 percent. That stretch was among the most notable rallies in XRP's history.

If the long-term trend line breaks, attention shifts to the midline of a horizontal channel that has lasted nine years. XRP has moved within that channel since May 2017, with the top cited at $3.25 and the bottom at $0.15. Between them, the midline and a secondary trend line have alternated as support and resistance depending on market direction.

In this structure, XRP lost support at $1.50 in May. That price band has been cited as a key zone between the channel's top and the midline. If the bearish trend continues and XRP also breaks below the $0.88 long-term uptrend line, the next level to watch is $0.70. That is about 35 percent below the current price.

If additional weakness continues, $0.32 is also cited as the next key zone. That level sits between the channel's midline and the lower support band. $0.15 is the channel floor that could come back into view in an extreme bearish scenario, which would push XRP to a price not seen since March 2020. That would be about 86 percent below the current price.

The key question is whether the $1.03 demand zone can actually halt the decline and whether the $0.88 long-term uptrend line can once again serve as a defensive line. If the support holds, expectations for a rebound could revive, but if it breaks, market attention is increasingly likely to shift quickly to $0.70 and $0.32.

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#XRP #The Crypto Basic #Ripple #Shutterstock #May 2026
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