XRP has given up the first support of its recent pullback, and attention is shifting to a deeper band of chart levels. At the time of writing, XRP traded near $1.48, according to CoinMarketCap data, after slipping below the 23.6% Fibonacci retracement near $1.53. In broad terms, the decline has now reached deeper supports: $1.42 combines Fibonacci and diagonal support, $1.35 could become the broader test, momentum has cooled from earlier highs, and the September structure remains constructive for now.

That $1.53 level had offered the first potential cushion following XRP's recovery toward the recent $1.70 high. The Fibonacci retracement is drawn from the visible daily advance between the late-August low near $0.99 and that recent peak. Retracements of this kind are ratio-based references — commonly drawn at 23.6%, 38.2%, 50% and 61.8% of a prior move — that chart watchers use to frame how deep a pullback might run within an existing advance. Such levels provide reference areas for a pullback; they do not predict where price must reverse.

Trading below $1.53 has shifted focus to the lower chart areas where Fibonacci levels overlap with XRP's existing structure. The decline follows the breakout attempt examined when Coindoo assessed whether XRP's recovery could develop into a sustained trend. That article focused on the move toward resistance and the market activity around it; the current chart tracks the support sequence below.

The First Deeper Test Sits Around $1.42

The 38.2% Fibonacci retracement lies near $1.42–$1.43, and the rising diagonal support line also approaches this area, giving the range more significance than either reference would have on its own. Zones where separately derived references overlap are often watched for this reason: they condense several technical viewpoints into a single area, making the chart's reaction there easier to read than at any one level alone.

Chart confluence does not create an exact price that must hold to the cent. XRP could briefly move through the range and recover, or it could remain below it for several daily sessions. Those outcomes suggest different levels of demand during the pullback.

The $1.35 Area Could Test the Earlier Breakout Structure

A sustained move below $1.42 could bring the $1.34–$1.36 range into focus. The 50% Fibonacci retracement sits near $1.34 within that zone, and the upper boundary of the earlier flag pattern, which XRP broke above during the September recovery, also reaches this range. If XRP arrives there, the key question becomes whether the former flag ceiling can begin to attract demand after the earlier breakout.

The 50-period simple moving average (SMA) is nearby and may reinforce the wider zone. Because its value can continue rising, the 50% Fibonacci retracement provides the more stable reference for readers watching the chart over several sessions.

The Earlier $1.60 Barrier Provides Context

Coindoo previously examined XRP's encounter with a familiar resistance area near $1.60. XRP later moved above that range and reached a local high near $1.70. The pullback has therefore shifted attention from upper-range resistance to the supports XRP recovered during the September advance.

Cooling Momentum Still Leaves Room for a Correction

The daily RSI has fallen from its earlier high and is no longer in overbought territory, suggesting that the rapid momentum behind XRP's recovery has eased. The Relative Strength Index is a momentum oscillator that tracks the pace of price changes on a 0–100 scale, with readings above 70 conventionally labelled overbought. RSI is best used here as context rather than a timing signal. Price behaviour at $1.42 and, if necessary, $1.35 could provide a clearer test of whether buyers remain active during the correction.

XRP remains well above the late-August base near $1.00, while the rising daily support line still sits beneath price. Together, those features leave room to view the current decline as a correction for now.

How XRP Behaves at $1.42 May Define the Pullback

The $1.42–$1.43 range now offers the clearest test of the September recovery. A reaction that recovers after testing that area and then holds above it could keep the decline within a broader correction.

Continued trading below the range could bring $1.35 into focus, where the 50% retracement and the former flag boundary meet. How XRP trades through those two supports may offer a clearer reading of the rally's durability than another distant target.

This article is provided for informational purposes only and does not constitute financial or investment advice. Cryptocurrency prices are volatile, and technical levels can change quickly.