XRP is trading around $1.30, testing a key support zone on both daily and 4-hour charts after weeks of declining price action that erased much of its August recovery. The asset fell from early 2026 highs above $2.30, and the subsequent rally toward $1.70 failed to establish a sustained bullish reversal. On the 4-hour chart, XRP has been trading within a descending channel since late September, and the current $1.30 area coincides with the lower boundary of this pattern. If buyers fail to defend this level, the next major downside targets are $1.15 and then $1.00. Conversely, a rebound could initially target $1.40, followed by the $1.60-$1.70 area.
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