XRP Price Analysis: $1.34 Support Emerges as Pivotal Recovery Level

Crypto market analyst Diana has identified $1.34 as a critical support level for XRP, arguing that a successful defense of that price zone could restore the cryptocurrency’s recovery prospects and bring the $2.60 target back into focus. In technical analysis, a support level marks a price area where buying demand has previously absorbed selling pressure, while resistance denotes a zone where supply has tended to stall advances.

XRP — the native asset of the XRP Ledger, the payments-focused blockchain closely associated with Ripple, and one of the largest cryptocurrencies by market capitalization — was trading near $1.38 as selling pressure drove the cryptocurrency toward the support area highlighted in Diana’s technical analysis. In information she shared on X, the analyst noted that a decline below $1.46 increased the risk of further losses and placed the $1.34 to $1.36 range in focus.

XRP Faces Critical Test at $1.34 Support

The recent decline has weakened XRP’s short-term bullish structure, with sellers overwhelming demand around previously established support levels. Market attention has consequently shifted to $1.34, which now serves as an important reference point for determining whether XRP can build a base for another recovery attempt.

A sustained defense of $1.34 could provide buyers with the foundation needed to push XRP higher. A decisive break below the level, however, would weaken the recovery setup and increase pressure on the next support area between $1.29 and $1.30.

Momentum indicators also reflect the shift in market conditions. The relative strength index is a momentum oscillator measured on a scale from 0 to 100, with readings above 70 conventionally viewed as overbought and readings below 30 as oversold. On that scale, XRP’s four-hour relative strength index (RSI) fell from above 80 to approximately 43 as the cryptocurrency declined toward the identified support range. The drop indicates that previous overbought conditions have eased and moves the reading into neutral territory, leaving room for a potential recovery if buying demand returns.

The RSI reset alone does not confirm a reversal, though. XRP would still require renewed demand and stronger price action to establish a sustained upward move.

XRP Needs to Reclaim $1.46 Before Targeting Higher Levels

Diana has flagged $1.46 as the first key level XRP needs to recover before its rebound gains stronger technical confirmation. Reclaiming that price would indicate that buyers have absorbed some of the recent selling pressure and could signal an improvement in XRP’s short-term market structure.

The next significant hurdle is $1.70. XRP would need to overcome this resistance for the potential path toward $2.60 to become considerably stronger. A break above $1.70 could open a broader upward route through $2.00 and $2.40 before XRP approaches the analyst’s $2.60 objective. That progression would require buyers to maintain sufficient momentum at each resistance level rather than relying on a temporary price recovery.

The $2.60 target therefore remains conditional on XRP first rebuilding support and clearing the key resistance zones identified in the analysis. A failure to move through $1.70 would suggest that sellers continue to exert influence over an important part of XRP’s broader recovery structure.

XRP’s Next Move Depends on $1.34

XRP’s reaction at $1.34 is likely to determine whether the recent decline develops into a temporary market reset or a deeper correction. A strong response from buyers at the level could support a recovery toward $1.46 and potentially reopen the path toward higher resistance levels.

Conversely, insufficient buying demand could leave XRP vulnerable to a move toward the $1.29 to $1.30 support range.

For now, $1.34 remains the key level in the recovery setup. XRP must hold that area and subsequently reclaim $1.46 before the broader bullish scenario — including a potential move toward $2.60 — gains greater technical support. As with any single-analyst technical outlook, the levels and targets described here represent one interpretation of XRP’s chart structure rather than a guaranteed outcome.

Writer: Barland Vex, Crypto Market Analyst & Onchain Writer. Barland Vex covers cryptocurrency markets with a focus on onchain data, Bitcoin price action, and emerging market narratives. His writing examines how capital flows, network activity, and broader market structure influence short- and medium-term trends, and he aims to provide clear, data-informed analysis for readers seeking a deeper understanding of crypto market dynamics.

Source: Hokanews