XRP Faces Critical Retest in Trading Near $1.35 Support

XRP is currently navigating a critical technical juncture as cryptocurrency markets grapple with sustained bearish pressure. The native token of the Ripple ecosystem is now trading at $1.35 per coin—down 3.15% in the last 24 hours—following significant losses since the broader market downturn began. Bitcoin has tumbled to $66.21K while Ethereum trades at $1.95K, signaling that altcoins like XRP are experiencing intensified selling pressure alongside the leading digital assets.

Technical Setup Points to Likely Retest in Trading

The XRP/USD 4-hour chart presents a bearish and inefficient pattern, with significant potential for further downside movement. According to technical analysts at YouHodler, market conditions have created an extreme level of volatility compression on the monthly timeframe, with Bollinger Bands tighter than they have ever been. This compression is a critical signal that markets are storing energy for a decisive move.

Tony Severino, market analyst at YouHodler, explained that when such volatility compression finally breaks, the resulting price movement has historically tended to be sharp and directional. Bitcoin continues to trade below its monthly Bollinger basis line, a pattern that XRP is mirroring across both weekly and monthly charts. “Sustained closes below the monthly Bollinger basis have often preceded capitulation-style moves in the months that follow,” Severino noted, emphasizing that this reflects “time being compressed rather than trend resolved.”

Support Levels Define the Retest in Trading Trajectory

If bearish conditions persist, XRP could face a retest of the lower boundary of its falling wedge pattern around the $1.44 support level in the coming hours or days. This represents an important technical threshold that traders are monitoring closely. The recent price action—where XRP declined more than 15% from its daily support at $1.83 last week—has already triggered significant technical deterioration.

The momentum indicators RSI and MACD are both projecting a bearish outlook similar to Bitcoin and Ethereum, suggesting that selling pressure could extend further. An extended bearish retest in trading could push XRP toward the weekly support level at $1.30, creating another critical level where buyers might attempt to establish a floor.

However, traders should note a potential reversal scenario: if the $1.50 support level holds and XRP bounces, the token could extend its recovery back toward the support-turned-resistance level at $1.83. The broad altcoin indexes continue to lag Bitcoin with total market cap measures struggling to reclaim former support levels, reflecting market caution rather than capitulation. Many altcoins remain range-bound with declining volatility, suggesting that selectivity will likely outperform broader exposure during this phase.

The next few days will be crucial in determining whether XRP can stabilize near current support levels or if additional retest in trading scenarios toward $1.30 or lower will unfold.