XRP Bears Tighten Grip As Token Nears Critical $1.20 Level

Ripple's(XRP) slide toward the $1.20 support zone is accelerating as both its dollar and Bitcoin(BTC) pairs show deepening bearish signals with no reversal catalyst in sight.

XRP Technical Breakdown

The token is trading near $1.33 inside a descending channel on the USDT pair. Both the 100-day moving average around $1.60 and the 200-day MA near $1.90 are declining overhead, reinforcing the downtrend.

The $1.20 level held during a brief capitulation wick in February but has not been tested on a sustained closing basis. A retest now looks increasingly probable at the current pace.

The RSI sits in the low-to-mid 40s — weak, but not yet oversold.

That leaves room for further losses before any mean-reversion bounce becomes likely. Buyers would need to reclaim at least $1.60, where the channel's upper boundary converges with the 100-day MA, to build a credible recovery case. Below $1.20, the next meaningful support sits at $1.00 with little structural backing in between.

Also Read:XRP Trading Volume Hits 2025 Low On Binance As Buyers Vanish

XRP Bitcoin Pair Deterioration

The 100-day MA near 2,100 sats and 200-day MA around 2,200 sats remain far overhead. A descending channel has held since the August 2025 peak near 3,000 sats.

The RSI has dropped into the low-to-mid 20s, deep in oversold territory, which could trigger a short-term bounce. But oversold readings alone rarely reverse a trend this entrenched.

Support levels below sit at the previous wick low of 1,800 sats and the key 1,600-sat demand zone. Bulls need to reclaim 2,000 sats at minimum before the bearish outlook begins to soften.

XRP has been on a persistent downtrend since early 2026, shedding value on both its USDT and BTC pairs. The token peaked near 3,000 sats against Bitcoin in August 2025 and has since lost roughly 38% on that pair alone. On the dollar side, it has fallen from above $2.00 in late 2025 to the current $1.33 range, a decline that has erased months of gains accumulated during last year's rally.

Read Next:Bitcoin Is Now The World's Most Honest War Correspondent And It Just Filed A Grim Report