#XRP As the weekly technical consolidation in XRP intensifies, analysts are highlighting the $1.20 threshold.

With the weekly consolidation in XRP deepening, analysts are identifying the $1.20 mark as a critical level.
As the price retreated to $1.13, trading volume fell to $1.14 billion, and the daily loss stood at 3.21%.
I believe the structure remains intact as long as the $0.80–$1.10 range for $XRP holds.
Drawing parallels with 2022 and the 2018–2020 period, attention is being drawn to the possibility of the price reaching $0.90 or $0.70 by the end of 2026.
XRP's price declined on the daily chart on Sunday, July 5, 2026. Market participants are monitoring the key support zone highlighted on the weekly chart alongside emerging technical signals.
A critical range has emerged in the technical outlook.
XRP is trading at $1.13. Having lost 3.21% of its value in the last 24 hours, the asset's trading volume dropped to $1.14 billion; data indicates a 43.3% daily decline in volume. Meanwhile, XRP’s gains over the past seven days remained at 8.75%.
Analysts closely followed by the market suggest that the XRP price could be gearing up for a new expansion phase. This shift indicates that momentum is waning and the market is entering a more cautious phase.
Analysts emphasize that the current structure could remain valid if the $0.80–$1.10 range holds, whereas a downward break of this band could damage the overall outlook. According to the analyst, the $0.80 to $1.10 range lies at the heart of the current structure. As long as XRP remains within this band, the technical framework is considered intact. In an upward scenario, however, the price needs to maintain support, reclaim the area above the red moving average, and see the Guppy structure shift back into the green expansion phase.
Analysts list potential targets—should a new expansion signal emerge—at $3.59, the $6.73–$9.17 range, $16.36, and, in the event of a more extended cycle, $53.86.
The $1.20 level is being monitored for a reduction in risk.
Meanwhile, the weekly chart points to another signal reinforcing the weak outlook. According to analysts, XRP is nearing a "death cross" between the 20-week exponential moving average and the 200-week simple moving average; similar patterns have historically been observed during bearish cycles.
The 200-week simple moving average currently sits at the $1.20 level, a zone that could turn into a supply ceiling during future rallies. Consequently, the price establishing itself above $1.20 is viewed as crucial for mitigating downside risk.
In the 2022 instance, XRP bottomed out within a week of the death cross, whereas during the 2018–2020 period, the bottoming process took approximately six months.
Historical precedents suggest a potential cycle bottom around the $0.90 or $0.70 levels during a period extending from June through the end of 2026. Nevertheless, in the short term, the $1.00 zone remains a key level to watch regarding a potential local bottom.
‍$XRP