Signs of Weakness Emerge for XRP as It Tests Resistance, With $1.07 Now a Key Support Benchmark

XRP Clings to Key Support as Classic Reversal Pattern Threatens Deep Pullback

XRP is hovering near a pivotal technical level, with traders watching closely as the token forms a head-and-shoulders pattern — a setup that could spell significant downside if confirmed.

The $1.90–$2.00 price zone has acted as strong support since January, forming the neckline of the bearish pattern. A break below this area would validate the structure, potentially triggering a deeper correction.

“This is a textbook topping formation,” said veteran analyst Peter Brandt. “If the neckline gives way, XRP could be headed toward $1.07 based on the measured move projection.”

The head-and-shoulders formation consists of three peaks — the center peak being the highest — and signals a shift in momentum from buyers to sellers once support breaks.

For bulls to regain control, XRP would need to rally back above $3, the lower high set in early March. Until then, the risk of a sharp drop remains front and center, especially amid broader market jitters following global trade tensions.

As technical signals grow louder, XRP’s next major move could be just around the corner.

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