XRP Price Warning: $1.40 Support Is the Only Thing Keeping Upside Alive – Break Below Targets…
This comes at an extremely critical point in time for the XRP price, as traders are closely watching one specific price level: $1.40.
XRP, which was having difficulty finding momentum after rising towards its highest level in recent times, has now entered into a messy correction period. While it is still trading above its support level, analysts feel that the next big move will be dependent on how well buyers defend this level.
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Why this Zone Matters So Much for XRP
Crypto analyst MCO Global said the XRP price structure still looks unstable in the short term, even though upside potential has not completely disappeared yet. We had a look at the XRP chart he shared, and the market appears to be finishing the final stages of a larger corrective pattern.
Before this pullback started, XRP completed a strong impulsive rally. Since then, the market has been moving through what analysts identify as an ABC correction. Wave A already played out, followed by a temporary recovery bounce during Wave B. Now traders believe XRP is moving through the final Wave C decline.
The most critical support cluster in the graph occurs at around $1.404 to $1.417. The cluster coincides with significant Fibonacci retracement areas such as the 61.8% retracement zone, which is considered crucial for providing support during a corrective phase.
So far, buyers have defended that region successfully. The XRP price keeps bouncing every time it revisits the area, but repeated retests also show that sellers are still applying pressure.
MCO Global warned that a breakdown below $1.40, especially below $1.37, could quickly open the door toward the lower trendline near $1.30. If selling accelerates further, traders may eventually start targeting the $1.26 support zone next.
Some Analysts Still See a Much Bigger XRP Move Ahead
Even with the short-term weakness, not everyone is bearish on the XRP price. Crypto Patel shared a much larger timeframe XRP chart showing what he believes could be a major re-accumulation phase developing after XRP finally broke out of its multi-year downtrend in late 2024.
On Patel’s chart the setup focuses heavily on XRP’s long-term structure going all the way back to 2019. The most significant breakthrough is when XRP rose above the descending trendline, which served as a resistance level for many years.
Once it broke above that pattern, XRP entered yet another consolidation period ranging between $1 and $1.40. Patel believes this area resembles the type of accumulation zone that formed before XRP’s previous major breakout cycle.
His chart outlines two separate accumulation periods. The first developed between 2023 and 2024 before XRP rallied aggressively. The second appears to be forming now between 2025 and 2026.
Read Also: Here’s What 1,000 XRP Tokens Could Be Worth by the End of 2026
XRP Still Needs Confirmation
While the long-term prospects of the XRP rate remain quite promising in the eyes of many investors, one cannot say the same about the bullish sentiment that should be confirmed with additional evidence.
At the moment, the main thing that should happen for the buyers is a breakout from the resistance range at $1.60-$1.80. The situation when the bears are in charge of the XRP price remains unchanged until this scenario happens.
In our opinion, the situation with XRP still implies some sort of correction process, although bulls try to hold their ground around the support level at $1.40. If the bears manage to push the price below this level, there may be new levels around $1.30 and even $1.26 to worry about.
However, it does not mean that all targets that were considered previously are already out of the game. Some analysts like Crypto Patel believe that the bulls may eventually take XRP to $3.24, with further upside targets near $5 and above if the sentiment within the alternative cryptocurrency market changes.
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