XRP on the 1D timeframe is currently trading around 1.1527 after breaking down through the symmetrical triangle structure that had been compressing price since the January 2026 lows, formed by a descending resistance trendline from the February highs near 1.6500 and a rising support trendline from the January lows near 1.0300.
Price broke below the rising support trendline in late May and accelerated sharply lower, dropping from 1.3200 all the way to a wick low near 1.0600 before a partial recovery brought it back to current levels near 1.1527.
The lower trendline near 1.0300–1.0500 is now the last visible structural support on this chart.
Key Levels To Watch
1.6500 → Prior high, descending resistance origin
1.5000–1.5500 → Descending resistance trendline, major resistance
1.3200–1.3600 → Prior support zone, now resistance
1.2000–1.2400 → Prior support, now resistance
1.1200–1.1527 → Current area, post-breakdown zone
1.0300–1.0500 → Lower trendline support, last structural floor
Below 1.0000 → Psychological breakdown, new lows likely
The structure is bearish following the triangle breakdown. The broken rising support is now overhead resistance and price is trading well below the descending resistance trendline with every prior support level flipped to resistance.
A recovery back above 1.2000 and reclaim of the broken trendline would be the minimum requirement for any structural shift.
A confirmed close below the lower trendline near 1.0300–1.0500 would be a significant macro breakdown and push price toward the 1.0000 psychological level and below.
This is the last structural support on this chart.
Reclaim 1.2000 → recovery possible, eyes on 1.3200–1.3600.
Lose 1.0300–1.0500 lower trendline → macro breakdown, eyes on 1.0000 and below.
Structure bearish below broken triangle support.
Recovery only on confirmed reclaim of 1.2000+.