XRP Price News: $1.30 Must Break to Avoid Another Drop as This Indicator Just Flashed a Buy Signal
XRP fell with the rest of crypto. Strong US economic data made people nervous that interest rates might stay high for a while.
The XRP price dropped from about $1.18 down to nearly $1.10. Then it found some support and bounced back to around $1.12. Right now, XRP is down nearly 2% on the day and trading near $1.11. Trading volume also fell about 10%.
Even with the weak price action, analysts are watching closely to see if Ripple’s XRP can climb back to higher levels.One market watcher believes the next move could depend on how price reacts near major resistance zones, with $1.30 standing out as a critical level.
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XRP Price Defends Key Support Zone
Crypto analyst CasiTrades said XRP is still holding a key support zone near the 0.786 Fibonacci level at $1.09. She looked at the 15-minute chart and said the ABC correction pattern is still in place, even with the latest drop.
She explained that the B-wave correction pushed deeper into the local 0.618 retracement level. Because of that adjustment, the projected C-wave target has moved slightly lower and now points to around $1.24 instead of a higher target.
In the short term, CasiTrades is watching three possible outcomes. The first is a standard ABC correction that could send XRP price toward the $1.24 region. The second is a more complex ABCDE consolidation pattern, which could limit any relief rally to around $1.18. The third and most bullish outcome would be a clean break above the big $1.30 resistance zone.
Related XRP News: XRP Price Hits the Level We’ve Waited Months For – Two Paths Forward
But the analyst warned that if XRP fails to break through, the door stays open for a larger drop toward $0.90. She said XRP would eventually need to push above $1.65 and turn that level into support to fully kill the bearish case and remove the need for a retest of $0.90.
On the bullish side, analyst Ali Martinez pointed out that the Tom DeMark Sequential indicator just flashed a buy signal on XRP.
The Tom DeMark Sequential indicator has flashed a buy signal on $XRP, anticipating a potential rebound. pic.twitter.com/ZABEIx1VIW
— Ali Charts (@alicharts) June 10, 2026
Traders use this tool to see when a trend is getting tired and a turn could be close. The signal indicates Ripple’s XRP might bounce after its latest drop. But buyers still need to push back through key resistance levels to prove the recovery is real.
News Supporting XRP Price Today
Part of the positive sentiment around XRP comes from Ripple’s growing role in artificial intelligence-powered payments.
On June 10, Mastercard launched its Agent Pay for Machines (AP4M) network, allowing AI agents to carry out automated low-value transactions without human involvement. Ripple was named among more than 30 launch partners, and Mastercard confirmed support for settlement through Ripple’s RLUSD stablecoin across multiple blockchain networks.
The development places Ripple technology inside a major global payments initiative and could expand RLUSD usage if enterprise adoption grows.
Ripple also introduced the XRPL AI Starter Kit on June 10. The toolkit gives developers resources to build applications where AI agents can send, receive, and manage payments using XRP and RLUSD through the XRP Ledger.
The launch aims to make it easier for developers to create AI-powered financial applications on XRPL. If adoption grows, it could increase transaction activity across the network and strengthen the utility of both XRP and RLUSD over time.
However, Ripple’s XRP is still under pressure. But buyers have held the line at $1.09, and a new Tom DeMark buy signal has traders watching for a bounce. A move above $1.24 would make the bullish case stronger. But the real test is still $1.30. If that ceiling holds, analysts think the risk of a drop toward $0.90 could stay on the table.
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