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XRP Crash Alert: $1 Support on Brink as Breakdown Sparks Correction Warning

XRP Crash Alert: $1 Support on Brink as Breakdown Sparks Correction Warning

Icobench
Author:
Icobench
Release Time:
2026-06-25 09:40:33
0

XRP is flirting with disaster after a 10% correction slammed the token below key technical levels on June 25, 2026, triggering warnings from analysts that the $1 support zone could be the next casualty. The cryptocurrency nosedived from $1.11 to an intraday low of $1.04 before staging a limp recovery to the $1.07-$1.08 area—a bounce so feeble it failed to reclaim the $1.0850 level lost earlier in the session. With XRP now trading below its 20-, 50-, 100-, and 200-day exponential moving averages (EMAs) and the Crypto Fear & Greed Index plunging to a gripping 12 (Extreme Fear), the broader altcoin selloff shows no mercy. Bitcoin’s own -2% decline compounded the risk-off mood, leaving Ripple’s token isolated with the 50-day SMA at $1.28 and the 200-day SMA near $1.53—levels untouched since February—looming as overhead resistance. As the market braces for impact, all eyes are on the $1 threshold, a psychological and structural barrier that could make or break XRP’s short-term fate.

XRP News: What the $1.0850 Breakdown and Fading Volume Actually Means

🚨$XRP: From a macro perspective the Gaussian Channel has been one of the most reliable indicators over the last decade in marking major areas of opportunity. The current middle regression band rests at $0.84. Worth keeping an eye on. pic.twitter.com/KTFFpVAoiX

🇬🇧ChartNerd📊(@ChartNerdTA) June 24, 2026

Context enhances raw figures significantly. The $1.0850 level was crucial as it marked the lower boundary of XRP’s June consolidation and had repeatedly served as support.

Its loss, occurring during a volume surge of 117.26 million XRP, is significant because it shifts demand to supply, placing sellers above this level and necessitating the absorption of new overhead for any recovery attempt.

The breakdown at $1.0850 triggered stop-loss liquidations, pushing prices to an intraday low of $1.0446. The subsequent bounce lacked sufficient buying volume to reclaim the breakdown zone, establishing $1.0850 as resistance and leading to a new lower high near $1.073–$1.075.

This continues the trend of lower highs since the 2025 peak, and according to analysis, Ripple’s escrow releases and the stalled CLARITY Act vote have removed bullish catalysts, leaving sentiment and macro factors to drive price action.

The 14-day RSI has recovered to the 37–42 range from a low of 29.22, but it remains below the neutral threshold of 50, indicating XRP is not yet oversold enough for a typical short-covering rally. Potential catalysts such as XRP ETF approval or a CLARITY Act resolution could change this outlook, but neither is currently on the horizon.

Why $1.00 Carries Multi-Cycle Weight for XRP, and What a Break Below It Would Actually Mean

In XRP news today, the loss of support at $1.10 has put traders on high alert for a drop below $1, but can this crucial level hold?

(SOURCE: TradingView)

In other XRP news, the $1 support level is significant, marking the breakout zone from its 2020–2021 accumulation phase and highlighting shifts in institutional positioning amid Ripple’s SEC legal battles. It aligns with a multi-year trend line and the 50-month EMA, both of which represent critical structural support.

With a circulating supply of around 62.06 billion tokens and a market cap near $67Bn, a sustained drop below $1.00 would damage the network’s top-10 ranking.

If XRP closes below $1.00, attention would shift to the $0.70–$0.92 support band, which includes the $0.78–$0.80 target and the $0.50–$0.60 institutional accumulation range.

Currently, XRP is down about 48–49% from $2.16, and a move to $0.80 would represent an over 60% drawdown. Additionally, on-chain data shows large transfers of XRP off exchanges, typically a sign of accumulation, but this hasn’t halted the price decline.

The post XRP News: Breakdown Puts $1 Support on Structural Alert appeared first on icobench.com.

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