XRP fell more than 4% in 24 hours and broke below the $1.13 support level, according to CoinDesk. The move pushed the token into a weaker short-term technical position. CoinDesk reported that selling pressure increased after XRP lost the $1.13 level. Trading volume rose as the price slipped, and XRP briefly touched an intraday low of $1.05.
a downward channel on the daily chart. That structure showed lower highs and lower lows, while XRP traded below its 100-day and 200-day moving averages. With $1.13 now acting as resistance, traders are watching the $1.10 to $1.12 range. CoinDesk identified that zone as the next key support area.
A failure to hold that band could bring the $1.00 level into focus. A move below $1 would mark another major technical break for XRP holders. The broader crypto market also faced pressure, with Bitcoin and showing weakness. Still, XRP’s sharper decline pointed to weaker relative performance during the session.