Crypto News
XRP has lost its $1.30 eight-hour support floor, flipped to a bearish supertrend and formed a death cross. The technical breakdown contrasts with a bullish year-end forecast attributed to Anthropic's Claude AI, but the immediate chart structure has weakened.
Why it matters
The $1.30 to $1.36 region is now a potential resistance zone on the next bounce. A sustained move back above that area would be needed to challenge the bearish setup, while rejection could confirm the support-to-resistance flip.
Market impact
If selling continues, Fibonacci support at the golden ratio places the next key level near $1.21. Traders are watching whether XRP can reclaim the broken floor or extend the spillover toward that support.
Frequently asked questions
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What support level did XRP lose?
XRP lost its $1.30 eight-hour support floor, weakening the short-term chart structure.
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Which XRP price zone could become resistance?
The $1.30 to $1.36 region could turn into resistance on the next bounce if XRP fails to reclaim it.
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What does the death cross signal for XRP?
The death cross is one of several bearish technical signals cited in the analysis, alongside the broken support and bearish supertrend.
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Where is the next Fibonacci support for XRP?
Fibonacci support at the golden ratio is near $1.21 if further selling spillover continues.
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How does the chart compare with Claude AI's XRP forecast?
The bearish technical setup contrasts with a bullish year-end forecast attributed to Anthropic's Claude AI for XRP.
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