The XRP is trading near US$ 1,10, maintaining a consolidation period started after defending the US$ 1,00 region during the sharp correction that hit the cryptocurrency market in the last few weeks. Despite price stability, on-chain indicators point to a recent reduction in activity on the XRP Ledger, suggesting lower demand for the network compared to previous months.
Even with this weakening in blockchain data, market analysts note that other technical factors continue to support a constructive outlook for the asset. The current price range remains closely watched by investors looking for signs of a new move with greater intensity.
Among the most optimistic XRP analysts, EGRAG CRYPTO highlighted that the token continues trading within one of the main accumulation zones observed across previous market cycles. According to his analysis, the region between US$ 0,85 and US$ 1,20 historically worked as an important long-term support.
In the trader’s assessment, a drop to US$ 0,85 still remains a possibility in the short term. Even so, this move would not change the broader technical structure, as long as the asset can react quickly after testing that level.
For a more consistent recovery, EGRAG points to US$ 1,65 as the first major resistance. If this level is broken, the analyst believes XRP could seek the range between US$ 3,00 and US$ 3,50. On a long-term horizon, he also mentions US$ 15 as the maximum expansion target for the cycle, although he recognizes that this scenario still depends on several technical confirmations over the coming months.
Another analyst known in the community, Dark Defender also published an update on the XRP’s graphic structure in shorter time periods.
In a social media post on X, the trader stated:
"Hello everyone!
The XRP is almost done with its 4-hour structure on the 4-hour chart. We discussed this structure in detail on June 30 on Dark's Side.
Very short-term support: US$ 1,10.
Very short-term resistances: US$ 1,13 and US$ 1,22.
Have an excellent day!
This is not financial advice, just my opinion."
The comment reinforces that, in the short term, the region of US$ 1,10 remains as the main immediate support. According to the technical readout presented, a recovery above US$ 1,13 may open the way for a test of the resistance at US$ 1,22, a level that could indicate an increase in buying strength if it is surpassed.
The combination of maintaining historical support and the technical projections keeps XRP in a region closely followed by investors. While on-chain indicators show a slowdown in activity on the network, the charts continue pointing to decisive levels that can define the next direction of the cryptocurrency’s price.