Crypto commentator XRP Update (@XrpUdate) has highlighted the significance of where XRP price trades currently.
The digital asset has faced sustained selling pressure for weeks. The price sat just above support at $1.25 at the time of the analysis, a zone the analyst has previously identified as the strongest support on the chart.
The chart shows a daily timeframe spanning February through late October. Three horizontal blue support and resistance levels are visible at $1.6003, $1.4504, and $1.2539.
$XRP is approaching a critical support level.
Following sustained selling pressure, XRP is trading near $1.27, just above key horizontal support at $1.25.
A sustained hold could establish a base for recovery. 📈
A daily close below support would increase downside risk 📉 https://t.co/qzWcfayRyP pic.twitter.com/hz1AqvrXR1
— XRP Update (@XrpUdate) October 18, 2026
The Structure of the Decline
XRP peaked around $2.40 after a pump in January. However, it has been a prolonged downtrend. By August, the asset had dropped to approximately $1.
A sharp recovery followed, where XRP rose by 50% in under 3 days. However, sellers quickly stepped in again. October brought another leg lower, and XRP has now retraced the bulk of that August recovery.
The $1.45 level, which acted as support earlier in the year, has now flipped to resistance. XRP has failed to reclaim it during the current decline. The $1.60 level remains further overhead and has not been tested since the October rally topped out.
What the Analyst is Watching
XRP Update described the current setup clearly. “A sustained hold could establish a base for recovery,” the analyst wrote, while also noting that “a daily close below support would increase downside risk.”
The $1.25 level carries weight because of its history on the chart. It held as support during the June-to-August downtrend and has been tagged again now. A daily close above it keeps the recovery scenario intact. A daily close below it removes a key technical argument for bulls.
The Important Levels
The $1.2539 support is the immediate focus. Above it, $1.4504 is the first level of resistance XRP would need to reclaim to shift the short-term structure. The $1.6003 level represents the top of the range established earlier this year.
XRP is at a level that demands attention. The analyst’s reading is straightforward. The asset either holds $1.25 and builds a base, or it breaks down and opens the door to further losses.
Disclaimer: This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses.
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