XRP is trading near $1.29, with its recent breakdown from a symmetrical triangle increasing the risk of a deeper correction toward $1.10-$1.12. The short-term structure has weakened as price moved below the triangle’s lower trendline, while momentum indicators also point to reduced buying pressure.

In this article, Mynattaro’s brokers break down the subject in a detailed and accessible way.

The immediate technical battleground is the $1.25-$1.28 zone, where XRP’s 100-day EMA near $1.25 and 50-day EMA near $1.28 are positioned. The narrow $0.03 spread between these moving averages makes the area particularly important for determining whether the current decline develops into a larger correction.

A daily close below $1.25 would place XRP beneath both major moving averages. From approximately $1.29, a decline to $1.25 represents about 3.1% downside, while a move to $1.10 would represent approximately 14.7% downside.

Symmetrical Triangle Breakdown Targets $1.10-$1.12

The symmetrical triangle formed as XRP consolidated after rising from roughly $1.00 to $1.55, with lower highs and higher lows creating declining volatility and price compression.

The triangle’s lower boundary was around $1.33-$1.35. XRP’s break below this support was a bearish technical breakdown, followed by a move beneath the $1.30 psychological level. The measured downside target is approximately $1.10-$1.12. From $1.29, $1.12 represents a roughly 13.2% decline, while $1.10 equals approximately 14.7%.

The $1.33-$1.35 region is now important resistance. Failure to reclaim it could maintain overhead pressure.

$1.25-$1.28 EMA Cluster Becomes Critical

The 50-day EMA at approximately $1.28 and the 100-day EMA near $1.25 provide the next major technical defense.

Holding above this EMA cluster would allow buyers to attempt a recovery toward $1.33-$1.35. A sustained break below it, however, would weaken the medium-term structure and expose XRP to the $1.10-$1.12 measured target.

The moving-average configuration is particularly relevant because price falling below both the 50-day and 100-day EMAs would indicate that the recent weakness is extending beyond a simple short-term pullback.

RSI Near 45 Shows Weakening Momentum

XRP’s daily Relative Strength Index (RSI) is near 45, below the key 50 neutral threshold. The indicator is not yet close to the traditional 30 oversold level, meaning the market still has considerable room for additional downside momentum before reaching oversold territory.

A move toward RSI 40 alongside a break below $1.25 would strengthen the bearish momentum signal. A recovery above 50, particularly toward 55-60, would indicate improving buying pressure and could support a broader price recovery.

The combination of RSI below 50, price below the broken triangle boundary, and pressure around the 50-day and 100-day EMAs currently favors a cautious short-term interpretation.

Bull Flag Keeps $1.97 Target in Play

Despite the breakdown, XRP’s broader price structure can still be interpreted as a potential bull flag. The cryptocurrency previously advanced from approximately $1.00 to $1.55, producing a 55% rally that can be viewed as the flagpole.

The subsequent downward consolidation forms the potential flag structure. For this bullish scenario to regain technical strength, XRP would need to reclaim $1.35 and then break decisively above the $1.38-$1.40 resistance zone.

From $1.29, a move to $1.40 would represent approximately 8.5% upside. A breakout above $1.40 would shift attention toward the previous $1.55 swing high, which is roughly 10.7% above $1.40.

A successful break above $1.55 would strengthen the larger continuation structure and bring the $1.97 measured target into focus. From $1.29, reaching $1.97 would require an advance of approximately 52.7%.

XRP Price Forecast: Key Technical Levels

The XRP setup is currently defined by two competing technical paths. A sustained breakdown below $1.25-$1.28, combined with continued RSI weakness, would increase the probability of a move toward $1.10-$1.12.

On the upside, reclaiming $1.33-$1.35 would weaken the immediate bearish breakdown signal. A decisive move through $1.38-$1.40 would provide a stronger recovery signal, while a breakout above $1.55 would reinforce the broader bull flag structure.

Conclusion

XRP is approaching a critical technical decision zone. The $1.25-$1.28 EMA cluster represents the primary downside defense, while $1.33-$1.35 is the first major recovery barrier. Below $1.25, the $1.10-$1.12 measured target becomes increasingly relevant.

Above $1.38-$1.40, the short-term bearish structure would weaken, with $1.55 and potentially $1.97 becoming the key upside levels. Price action around these zones, combined with RSI and EMA behavior, should determine the next major XRP trend.