XRP is trying to hold a key price level, and some analysts are pointing to important signals that could show whether the recent drop is just temporary or the beginning of a bigger decline.
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XRP Rally Faces Critical Resistance
On Tuesday, XRP kept falling, dropping to around $1.35—its lowest point since late April. Over the past month, the cryptocurrency has been moving between $1.36 and $1.50, trying several times to break above the upper end. Last Thursday, it jumped above this key resistance after progress on the CLARITY Act, reaching a two-month high of $1.54. But the price quickly fell back from that level, dropping about 12% over the last five days.
As XRP tested the $1.35 area again, market analyst ChartNerd said the coin risks another drop to new lows, adding that “the data speaks for itself.” He pointed to worrying signs for XRP’s rally, including a major resistance zone above and a death cross confirmed on the weekly Stoch RSI. He noted that the weekly 20 and 50 EMAs (at $1.50 and $1.80) are two key resistance levels that haven’t been tested since their crossover in January 2026, which led to XRP falling to its February low of $1.11.
He also mentioned that the weekly Stoch RSI crossover has marked local tops for XRP before. The last two such crosses led to deeper drops, and the most recent one happened during the relief rally that ended with the weekly EMA death cross four months ago. After the recent rise to $1.54, the price has now tested the weekly 20 EMA for the first time since the January crossover. If XRP fails to break above this level and turn it into solid support, “it will likely open the next leg down later this year,” the analyst said.
‘Next Big Move’ Targets $1?
ChartNerd stressed that XRP needs to reclaim both EMAs and turn them into support to cancel the bearish outlook, but added that “it just doesn’t feel like the right time yet.” Even if the coin breaks toward $1.80, he thinks it probably won’t hold that level for long and will “at least come back to, at a minimum, fill in most of this wick back down towards the lower dollar levels.” He explained that a rejection from these EMAs could send XRP toward a cycle bottom of $0.70, since that’s a previous macro resistance level that hasn’t been retested yet.
Meanwhile, analyst Ali Martinez said XRP is ready for a big price move. He pointed out that the coin has formed the “tightest Bollinger Band squeeze” on the three-day chart in over a year, calling the current compression zone a “definitive ‘no-trade zone.'”
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He noted that when volatility compresses this much, “it’s a signal that a violent price expansion is approaching.” So, he advised investors to wait for a clean three-day candlestick close outside XRP’s current range (between $1.29 and $1.50) to confirm the next major trend. A close above the upper boundary would suggest a likely move toward $1.80. On the other hand, a break below the lower boundary would cancel the immediate bullish setup and open the door for a deeper drop toward the $1.00 psychological support level.
Featured Image from Unsplash.com, Chart from TradingView.com
Frequently Asked Questions
Here is a list of FAQs about XRP facing resistance at 150 and the potential for a drop to 100
BeginnerLevel Questions
1 What does XRP was rejected at 150 actually mean
It means the price tried to go above 150 but there were more sellers than buyers at that level The price hit that ceiling and then fell back down
2 Does getting rejected at 150 mean XRP will definitely drop to 1
No its not guaranteed It just means the risk is higher The price could drop to 1 or it could find support at a higher level like 120 and bounce back up
3 What is resistance in simple terms
Resistance is like a price ceiling Its a level where selling pressure is strong enough to stop the price from going higher at least for a while
4 If XRP drops to 1 is that a good time to buy
For many 1 is a psychological support level If the price holds there it could be a good entry point But if it breaks below 1 the price could fall further Its a riskreward decision
5 Why is 150 such a big deal for XRP
150 is a major round number and a previous high Many traders set their sell orders there and its a level where the price has historically struggled to break through
IntermediateLevel Questions
6 What causes a rejection at a key level like 150
Usually its a combination of profittaking and a lack of new buying momentum Big investors often sell at these levels to take profits
7 How low could XRP go if it breaks below 1
If 1 fails as support the next major support levels are often around 085 or even the previous low near 050 It depends on overall market conditions and XRPspecific news
8 What should I look for to know if a drop to 1 is happening
Watch the trading volume If the price drops on high volume its a strong signal Also look for a death cross short