Will XRP Price Recover? Key Levels and Catalysts to Watch

XRP price has fallen nearly 8% over the past week, dropping from around $1.47 on September 3 to about $1.35. The decline comes as the broader crypto market also moves lower, while investors await next week’s Senate vote on the Clarity Act.

The key question for XRP price is whether the token can hold the $1.34-$1.35 support zone. A break below $1.30 could put $1.20 in focus, while a recovery above $1.40 would improve the short-term outlook.

XRP Price Forecast : Major Support and Resistance Levels

XRP price has been trading in a range since August 22. The token has struggled to move above the $1.45-$1.52 area, while buyers have continued to defend support near $1.34.

A move below $1.34 could increase selling pressure and expose XRP to the $1.20 level. If that support also fails, the next major level could be around $1.

On the upside, XRP needs to reclaim $1.40 and hold above it. A move above $1.52 would be a stronger signal that the current decline is losing momentum.

Some technical analysts are also watching the $1.29 area, which has been identified as a key weekly support level.

Key Factors That Could Support an XRP Price Recovery

Technical signals are mixed. XRP Price recently recorded a bullish two-week MACD cross, a signal that has appeared near previous long-term lows. However, the token remains below key weekly moving-average levels and has faced repeated resistance during its recent recovery.