XRP Slides Below Key Support as $1 Downside Risk Emerges

Cryptocurrency markets remain under pressure as risk appetite deteriorates across digital assets. With investors increasingly cautious and liquidity conditions tightening, altcoins have underperformed, leaving many large-cap tokens vulnerable to technical breakdowns. XRP has been among the laggards, with selling pressure intensifying as key support levels gave way.

Behind every emerging crypto trend lies not only data and trading activity but also the way narratives shape market perception. Outset PR has built a reputation for aligning brand storytelling with these very cycles — helping blockchain and Web3 projects establish visibility at moments of strategic inflection.

XRP Breakdown Below Key Support Shifts Technical Outlook

XRP extended its decline after breaking below the $1.93 level, a key technical support corresponding to the 78.6% Fibonacci retracement. The move marks a deterioration in market structure and signals growing downside risk as sellers regain control.

Source: coinmarketcap 

The token now trades below all major moving averages, including the 7-day exponential moving average at $1.95 and the 30-day simple moving average at $2.07. These levels have flipped into resistance, limiting the scope for near-term rebounds.

Double-Top Pattern Raises $1 Downside Risk

Technical charts show a confirmed double-top formation, a bearish reversal pattern that often precedes deeper declines. If XRP fails to hold the next support zone around $1.83, the pattern implies a measured move toward the $1 level.

The initial break below $1.93 triggered a wave of stop-loss orders and algorithmic selling, accelerating the move lower and increasing volatility.

Momentum Indicators Leave Room for Further Declines

Momentum indicators suggest selling pressure may not be exhausted. The 14-day relative strength index stands at 34.21, approaching oversold territory but not yet at levels typically associated with capitulation.

This leaves room for additional downside, particularly if broader market sentiment remains fragile or if XRP fails to attract sustained dip buying.

How Outset PR Leverages Data-Driven Approach in Crypto PR

Outset PR connects market events with meaningful storytelling through a data-driven methodology rarely seen in the crypto communications space. Founded by PR strategist Mike Ermolaev, the agency approaches each campaign like a hands-on workshop—building narratives that align with market momentum instead of relying on generic coverage or templated outreach.

Beyond just monitoring on-chain flows, Outset PR monitors the media trendlines and traffic distribution through the lens of its proprietary Outset Data Pulse intelligence to determine when a client’s message will achieve the highest lift. This analysis informs the choice of media outlets, the angle of each pitch, and the timing of publication.

A key part of the agency’s workflow comes from its proprietary Syndication Map, an internal analytics system that identifies which publications deliver the strongest downstream syndication across aggregators such as CoinMarketCap and Binance Square. Because of this approach, Outset PR campaigns frequently achieve visibility several times higher than their initial placements.

Outset PR ensures that each campaign is market-fit and tailored to deliver maximum relevance at the moment the audience is most receptive.

Outlook: Bears Retain Control Below Resistance

With XRP trading below key technical thresholds and bearish patterns in play, the near-term outlook remains tilted to the downside. A failure to defend the $1.83 support level would likely shift focus toward the psychologically significant $1 mark.

Until XRP reclaims its broken moving averages and stabilizes above former support, rallies are likely to face selling pressure rather than signal a trend reversal.

Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.