Key Levels to Start Buying XRP If It Drops Below $1

Should XRP continue its pullback, here are the key levels to watch closely and probably start buying for maximum reward when its rebound starts.

XRP is trading around a crucial support level on higher timeframes. The coin seems to be finding a cushion around the $1.10 demand zone, as bulls battle to keep prices above key levels despite weakness.

Nonetheless, bears remain in control of the market. As such, there are still chances of further declines to lower prices. In such a scenario, chart analysis has highlighted levels to watch closely.

XRP Still Above Key Support

On the weekly chart, XRP is on course for its second consecutive red candle and the sixth in the past seven closings. The altcoin continues to slide from the May 2026 high of $1.55, as the corrective phase persists.

Still, XRP remains above a long-term ascending trendline that has repeatedly supported its price. Since March 2020, this dynamic support has continued to extend higher, with every retest preceding a strong rebound.

Notably, XRP found support at the line in July 2024 when it dipped to $0.38, temporarily keeping bears at bay. The last retest was in late October 2024, when the coin dipped to $0.48. After consolidating atop the support for several days, XRP started one of the most remarkable rallies in its history, growing 370% from $0.49 in November 2024 t0 $2.35 by December 2024.

While prices remain well below prior highs, XRP has managed to stay above this long-term support line, currently near $0.88. Market observers are closely monitoring this level if XRP continues to drop. Given how the line has guided the asset’s price for over 6 years now, expectations are that there could be a reaction there.

Key XRP Buying Zone

Further analysis of the weekly timeframe shows that XRP has been trading within a horizontal channel for nine years now. XRP entered this channel in May 2017 and has since consolidated within the structure.

The major points in this range are the upper resistance boundary at $3.25 and the lower boundary at $0.15. In between are the midpoint and two other trendlines, which can serve as both support and resistance depending on the market trend.

In May, XRP lost the support at $1.50, a key level between the upper boundary and midpoint. If the bearish trend persists and XRP breaks below the long-term ascending support, the next area to closely watch is the channel’s midpoint at $0.70. From the current market price, this represents a 35% drop.

Further price weakness could take XRP lower to $0.32, another key level between the midpoint trendline and the lower support band. Analysts view this as a good area to buy some XRP or DCA into already existing positions.

Meanwhile, in an extremely bearish scenario, XRP could retest the channel’s lower support band at $0.15. This would see the asset reach price levels not seen since March 2020. Notably, the dip will present a rare opportunity to accumulate XRP as it offers a great risk-to-reward ratio. XRP would have to drop 86% to reach this level.