TLDR
- XRP maintains position above $1.18 while facing critical resistance at the $1.20 level
- A potential W-shaped pattern is developing on the four-hour timeframe but lacks confirmation
- Crypto analyst Ali Charts highlights a symmetrical triangle suggesting a possible 14% price movement
- Market sentiment for XRP has fallen to its weakest level since October 2025, based on Santiment metrics
- Weekly support stands at $1.13, with deeper support zones between $0.90 and $1.00
XRP continues to trade above the $1.18 mark following a recent advance toward $1.1926, though buyers have yet to successfully breach the crucial $1.20 resistance zone. After bouncing from a local bottom at $1.0879, the digital asset has entered a period of sideways movement. The sustainability of the current uptrend hinges on whether bulls can overcome the $1.20 barrier.
Looking at the four-hour timeframe, XRP appears to be developing a W-shaped recovery formation. While Bitcoin has successfully completed and validated this technical setup, XRP’s pattern remains unconfirmed. Validation requires a decisive break and sustained hold above the $1.18 level, which represents the upper boundary of the pattern.
Market observer Ali Charts has identified a symmetrical triangle taking shape on XRP’s price chart. According to Ali’s analysis, a resolution of this formation could catalyze a 14% price swing. The ultimate direction of this movement will be determined by whether the triangle breaks upward or downward.
Sentiment At 8-Month Lows
Data from blockchain analytics provider Santiment reveals that XRP’s weighted sentiment indicator has plummeted to its weakest reading since October 2025. This metric blends social discussion volume with the balance between optimistic and pessimistic mentions. Santiment’s analysis suggests traders are experiencing exhaustion due to the absence of a significant price catalyst, even as discussions continue around Ripple’s regulatory achievements and enterprise adoption prospects.
Interestingly, Santiment highlighted that some of XRP’s most powerful price reversals have historically emerged during periods of extreme negative sentiment. The platform also emphasized that development work on the XRP Ledger and tokenization projects continues to progress, despite waning excitement across social platforms.
Key Levels To Watch
Should XRP successfully breach $1.20, traders will be watching $1.2150 and $1.2220 as immediate upside objectives, with $1.2250 representing the next significant resistance barrier.
For downside scenarios, the first support zone sits at $1.1680, with $1.1550 providing additional backing below that. A daily close beneath $1.1550 would shift attention to $1.1400, followed by $1.1280.
From a weekly perspective, the $1.13 level represents crucial support throughout the current bearish phase. A confirmed violation of $1.13 would expose the $0.90 to $1.00 range. Beyond that zone, market watchers have the $0.70 level on their radar.
XRP is presently showing relative weakness compared to Bitcoin, with alternative cryptocurrencies generally mirroring Bitcoin’s movements but delivering slightly inferior performance. Any meaningful XRP recovery is contingent upon Bitcoin first sustaining its own bounce.
The asset is trading above its 100-period Simple Moving Average on the hourly chart, where a bullish trend line is emerging with support positioned at $1.1400.
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