XRP is holding the $1 level heading into July, but only just. The token is trading in a critical zone that will likely determine its direction over the coming weeks. The Weekly Picture The lo
XRP is holding the $1 level heading into July, but only just. The token is trading in a critical zone that will likely determine its direction over the coming weeks.
The Weekly Picture
The longer-term bear market structure remains unconfirmed as reversed. XRP is still technically within the larger downtrend that has defined recent months. However, the price continues to bounce from the $0.90 to $1.00 zone, a major area of support that has held despite repeated tests. For now, $1.00 is acting as the floor.
On the upside, $1.13 has flipped from previous support into resistance, marking the next key level XRP needs to reclaim to signal strength returning to the chart.
A Bullish Signal on the Daily Chart
The more encouraging development is on the daily timeframe, where a bullish divergence has been active and confirmed for roughly a week now. This pattern typically suggests that selling momentum is weakening even as price stays low, often preceding either a short-term bounce or a period of sideways consolidation rather than further sharp declines.
The prediction has remained consistent for several days: a slight bullish relief combined with choppy sideways price action is the most likely scenario heading into the coming days and weeks. That forecast has played out as expected so far and there is no reason yet to revise it.
What to Watch
The $1.00 level is the line that matters most right now. Holding it keeps the door open for a retest of $1.13 resistance. Losing it on a confirmed basis would reopen the path toward lower targets in the $0.87 to $0.90 range.
For July 1 and the days following, the base case remains modest relief rather than a dramatic move in either direction, with the daily bullish divergence offering the first technical sign that the worst of the selling pressure may be easing.
