XRP is trading near the $1.00 level while the broader technical structure remains bearish. The asset continues to consolidate below key moving averages and within a descending daily pattern. Resistance is seen at $1.02-$1.04, while a break below the psychological $1.00 support could open the path toward the $0.91-$0.97 demand zone. On the 4-hour timeframe, repeated rebound attempts have failed beneath a descending trendline. A decisive move below $1.00 would strengthen the downside case, while reclaiming $1.02-$1.03 and then $1.06-$1.08 would lessen bearish momentum. For now, sellers remain in control.
XRP remains under pressure near $1.00 as the broader structure continues to favor sellers. The asset is trading below its major moving averages on the daily timeframe, keeping the long-term trend bearish despite recent consolidation.
The $1.02-$1.04 area stands as key resistance, with latest candles remaining below this region. A recovery above this zone would be an initial sign of buyer momentum, although the descending trendline remains a larger obstacle.
On the downside, the $1.00 psychological level is increasingly important. A sustained move below this area could expose the demand zone at $0.91-$0.97, which represents the next major support.
The 4-hour timeframe shows a more immediate bearish setup, with lower highs forming beneath a descending trendline. Recent rebound attempts have repeatedly failed to produce a structural breakout.
XRP has already slipped below the former support at $1.02-$1.03, which could now act as resistance. The descending trendline overhead reinforces the bearish structure, making the $1.02-$1.07 region a significant area for any potential reversal.
Current consolidation just under $1.00 indicates that sellers have not relinquished control, though momentum is becoming compressed. If $1.00 fails decisively, the next major downside reference is the $0.91-$0.97 support zone on the daily timeframe.
Conversely, reclaiming $1.02-$1.03 and subsequently breaking the descending trendline would weaken the bearish setup. A stronger recovery above $1.06-$1.08 would provide a more convincing signal that downtrend momentum is fading. Until then, the path of least resistance remains tilted lower.
