Ripple Price Analysis: Is the Worst Over for XRP After Holding $1.30?

XRP is approaching a key technical inflection point after weeks of declining price action erased much of its August recovery. Trading around $1.30, the asset is testing an important support zone on both the daily and 4-hour charts. The next move around this area could determine whether buyers manage another rebound or sellers push XRP toward lower support levels. Ripple Price Analysis: The USDT Pair The daily chart shows XRP maintaining a broader bearish structure after falling from its early-2026 highs above $2.30. The asset has formed a series of lower highs, while the descending orange trendline continues to reflect the prevailing downward pressure, as the price has once again dropped below it and failed to continue higher. Although XRP staged a sharp recovery from the $1.00 region in August, the subsequent rally toward $1.70 failed to establish a sustained bullish reversal. The latest decline has brought the token back to the $1.30 support zone. This area is key because it previously consolidated before the June sell-off. Holding above it could help XRP stabilize and attempt another recovery, while a decisive daily close below it would raise the risk of a deeper correction. If ...