XRP has slipped below the $1.53 Fibonacci retracement, bringing the next two support zones into focus as the September recovery faces a deeper pullback.
Key Takeaways
- The pullback has reached deeper supports.
- $1.42 combines Fibonacci and diagonal support.
- $1.35 could become the broader test.
- RSI has cooled from earlier highs.
- The September structure remains constructive for now.
XRP has moved beyond its first pullback test
At the time of writing, XRP traded near $1.48, according to CoinMarketCap data, after slipping below the 23.6% Fibonacci retracement near $1.53. That level had offered the first potential cushion following XRP’s recovery toward the recent $1.70 high.
The Fibonacci levels are drawn from the visible daily advance between the late-August low near $0.99 and the recent high around $1.70. They offer reference areas for a pullback; they do not predict where price must reverse.
Trading below $1.53 has shifted attention to the lower chart areas where Fibonacci levels overlap with XRP’s existing structure.
This pullback follows the breakout attempt examined when Coindoo assessed whether XRP’s recovery could develop into a sustained trend. That article focused on the move toward resistance and the market activity around it; the current chart tracks the support sequence below.
The first deeper test sits around $1.42
The 38.2% Fibonacci retracement lies near $1.42-$1.43. The rising diagonal support line also approaches this area, giving the range more significance than either reference would have on its own.
Chart confluence does not create an exact price that must hold to the cent. XRP could briefly move through the range and recover, or it could remain below it for several daily sessions. Those outcomes would suggest different levels of demand during the pullback.
Near $1.53 · First pullback level lost
The shallow retracement failed, sending attention to the lower support zones.
Around $1.42 · First decision zone
The 38.2% retracement and rising diagonal support reach the same area.
Around $1.35 · Deeper structural test
The 50% retracement and the former flag ceiling could become the market’s next references if $1.42 gives way.
The $1.35 area could test the earlier breakout structure
A sustained move below $1.42 could bring the $1.34-$1.36 range into focus. The 50% Fibonacci retracement sits near $1.34 within that zone.
The upper boundary of the earlier flag pattern, which XRP broke above during the September recovery, also reaches this range. If XRP reaches it, the key question becomes whether the former flag ceiling can begin to attract demand after the earlier breakout.
The 50-period SMA is nearby and may reinforce the wider zone. Its value can continue rising, so the 50% Fibonacci retracement provides the more stable reference for readers watching the chart over several sessions.
The earlier $1.60 barrier provides context
Coindoo previously examined XRP’s encounter with a familiar resistance area near $1.60. XRP later moved above that range and reached a local high near $1.70.
The pullback has therefore shifted attention from upper-range resistance to the supports XRP recovered during the September advance.
Cooling momentum still leaves room for a correction
Daily RSI has fallen from its earlier high and is no longer in overbought territory. The move suggests that the rapid momentum behind XRP’s recovery has eased.
RSI is best used here as context rather than a timing signal. Price behaviour at $1.42 and, if necessary, $1.35 could provide a clearer test of whether buyers remain active during the correction.
XRP remains well above the late-August base near $1.00, while the rising daily support line still sits beneath price. Together, those features leave room to view the current decline as a correction for now.
How XRP behaves at $1.42 may define the pullback
The $1.42-$1.43 range now offers the clearest test of the September recovery. A reaction that recovers after testing that area and then holds above it could keep the decline within a broader correction.
Continued trading below the range could bring $1.35 into focus, where the 50% retracement and former flag boundary meet. How XRP trades through those two supports may offer a clearer reading of the rally’s durability than another distant target.
This article is provided for informational purposes only and does not constitute financial or investment advice. Cryptocurrency prices are volatile, and technical levels can change quickly.
Kosta has reported on cryptocurrency markets and blockchain infrastructure since 2020, bringing over six years of hands-on experience in the crypto industry built through daily tracking of markets, trends, and emerging blockchain developments. Specializing in Bitcoin on-chain analysis, institutional ETF flows, and digital asset price action, his work at Coindoo has been cited by other news agencies and consistently covers market developments with a focus on data-driven reporting across Bitcoin, Ethereum, Solana, and XRP.
Over the years, Kosta has contributed to multiple crypto media outlets in different regions, authoring over 6,000 articles across the sector. His reporting spans cryptocurrency markets and the broader fintech industry, tracking not only price action but also the technological and regulatory forces shaping the ecosystem.
To support his analysis, Kosta actively leverages on-chain data and metrics from leading platforms such as Santiment, Glassnode, and CryptoQuant, enabling deeper, evidence-based market insights. He believes in the power of transparency and the data that underpins the blockchain ecosystem.
His academic background in Marketing Management from Denmark further complements his analytical approach, adding a strong understanding of communication strategy and content positioning to his work.
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