XRP Is Trying to Find Its Footing Near $1.10 — Here's the Honest Picture After a Brutal 2026

 


XRP's had a genuinely rough run lately. After breaking down from a multi-month consolidation that had held through March, April, and May, the token lost the $1.28 support zone that had been acting as a floor for months — and once that level gave way, sellers didn't hang around. Price accelerated lower, touching lows around $1.05 before buyers finally stepped back in.

The bounce since then has been... fine. Not impressive, not alarming. Just modest. XRP's currently trying to stabilize somewhere near $1.10, and that hesitancy in the recovery is telling you something on its own — the market isn't convinced yet that the worst is over.

What's actually changed underneath the price action

Here's where it gets a little more interesting than just "price went down, now it's flat." Trading volume jumped notably during the breakdown itself, which usually means a meaningful chunk of weak-handed, panic-driven selling already happened in that move rather than being spread out over weeks. Since hitting that recent low, volume has settled back toward more normal levels — consistent with panic fading rather than continuing to build.

The RSI tells a similar story. It pushed into oversold territory during the selloff and has since started trying to climb back out. That's not nothing, but it's also not confirmation of anything — it just means the selling pressure has eased up compared to the initial drop, not that a reversal is locked in.

The resistance picture is the real obstacle here

This is the part that matters most for anyone wondering "is this the bottom or just a pause." XRP's moving averages are stacked up well above current price: the 50-day sits near $1.20, the 100-day around $1.28, and the 200-day up at $1.35. All three are layered overhead like a ceiling, and historically, XRP has run into real selling pressure every time it's approached zones like these during this downtrend.

So the immediate, practical level to watch is $1.20. Clearing that with real volume — not just a quick wick — would open the door to a more meaningful relief move toward $1.28. Until that happens, this looks more like a market catching its breath than the start of a genuine recovery.

It's not just XRP — DOGE and SHIB are in similar spots

Dogecoin's hovering right around the psychologically loaded $0.10 level, which traders have nicknamed the "zero removal" threshold (reclaiming it visually removes a zero from the price). DOGE's been struggling to hold that line consistently, still trading below its key moving averages after months of steady decline. The pattern of smaller, tighter candles lately suggests the selling is losing intensity, but that's a far cry from actual strength.

Shiba Inu is arguably in the weaker spot of the three. It broke down from a rising channel that had been building since March, and the technical structure has deteriorated since — trading below its 50-, 100-, and 200-day moving averages, with the 50-day EMA rolling over sharply lower. The immediate test for SHIB bulls is holding above roughly $0.0000050 and reclaiming the 50-day average; without that, another leg down toward recent lows stays on the table.

The honest takeaway

None of these three tokens are showing a confirmed reversal right now — what they're showing is reduced selling intensity, which is a real and necessary first step toward stabilization, but not the same thing as a recovery. XRP needs to reclaim $1.20 to change the conversation. DOGE needs to hold $0.10. SHIB needs to defend its current floor and get back above its 50-day average. Until those specific things happen, "cautiously stabilizing" is a more accurate read than "recovering."

Disclaimer: This article is for informational purposes only and does not constitute financial or investment advice. Cryptocurrency markets are highly volatile and price predictions are speculative. Always do your own research (DYOR) before making any investment decisions.

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