- XRP has lost momentum after a brief recovery, with sellers pushing the price back toward the crucial $1 support level.
- Buying pressure has weakened significantly, although declining trading volume suggests bears may also be losing conviction.
- Technical indicators remain mixed, leaving traders closely watching whether $1 can once again trigger a rebound.
XRP is drifting back toward one of its most important price levels, and traders know exactly what’s at stake.
After a short-lived recovery that carried the token to roughly $1.18, bearish momentum has returned. Sellers have steadily regained control over the past several days, pushing XRP lower with little sign of a meaningful bounce.
Now, all eyes are on the $1 support level.
Whether buyers defend that area—or allow it to break—could determine XRP’s next major move.
Sellers Have Taken Back Control
The recent rally looked promising at first.
XRP managed to climb toward $1.18 after bouncing from earlier lows, raising hopes that the correction had finally run its course. Those hopes faded quickly.
Over the last four trading sessions, sellers have dominated price action almost uninterrupted, gradually pushing XRP back toward support.
The broader trend also remains unfavorable.
Back in late June, XRP spent several days hovering just above the $1 mark before buyers eventually stepped in and fueled a recovery. But with the latest decline unfolding so quickly, some analysts now wonder whether that bounce was simply a temporary relief rally rather than the beginning of a larger reversal.
Until the chart starts producing higher highs and higher lows, bears still hold the advantage.
Buying Pressure Has Quietly Disappeared
One of the more noticeable changes has been the lack of aggressive buyers.
As soon as XRP reached approximately $1.18, buying activity weakened considerably. The order books became noticeably thinner, allowing sellers to regain momentum without facing much resistance.
That shift has made each subsequent decline easier.
Still, there is one encouraging signal.
Trading volume has continued falling alongside the price.
Normally, a strong bearish trend is supported by heavy selling volume. This time, however, both price and volume have been declining together, suggesting sellers aren’t showing overwhelming conviction either.
That could indicate many market participants are simply waiting on the sidelines rather than actively exiting positions.
If buyers eventually return with stronger volume, momentum could change fairly quickly.
RSI Continues Sending Mixed Signals
Momentum indicators aren’t providing a completely clear answer either.
Throughout the summer, XRP’s daily Relative Strength Index (RSI) attempted to climb above the neutral 50 level on two separate occasions.
Neither attempt succeeded.
Each breakout was followed by a reversal that erased nearly all of the previous gains, reinforcing the broader bearish trend.
At the same time, the RSI itself has continued producing higher lows and higher highs.
That’s generally considered a constructive signal.
The problem is that XRP’s price hasn’t confirmed the same pattern.
Instead, price action continues printing weaker highs, leaving traders with what is currently an unconfirmed bullish divergence. Until the chart itself begins following the RSI higher, that divergence remains only a possibility—not a confirmed reversal signal.
Why the $1 Level Matters So Much
Support levels become increasingly important the more often they’re tested.
The $1 zone has already proven capable of attracting buyers once before, making it one of the most closely watched levels on XRP’s chart.
If buyers successfully defend it again, another relief rally toward $1.30 could become possible, with stronger resistance waiting near $1.60 and eventually $2.00.
However, repeated tests tend to weaken support over time.
If bearish momentum continues and XRP loses the $1 level decisively, selling pressure could accelerate as traders reassess the market’s longer-term direction.
For now, the picture remains balanced between caution and opportunity.
Sellers currently control the trend, but fading volume suggests conviction isn’t especially strong. Meanwhile, technical indicators continue hinting that momentum could eventually shift—provided buyers finally step back into the market.
The next move may come down to one simple question: can XRP defend $1 one more time?
