XRP struggles below $1.30 amid growing selling pressure

Key takeaways

• XRP traded below $1.25 on Tuesday as the digital asset struggles to regain momentum.
• Metrics from CryptoQuant highlight ongoing sell-side dominance for XRP, with sizable whale orders adding to the uncertain outlook.
• The cryptocurrency faces immediate resistance levels at $1.285 and $1.30, whereas further downside could test support around $1.16 and $1.00.

XRP remained under firm selling pressure on Tuesday, struggling to mount a convincing recovery following recent price declines.

The token is currently changing hands under $1.25, with buyers unable to drive a push back above $1.30.

Market data from CoinGlass and CryptoQuant present a conflicting view. Although positive funding rates show some market participants are betting on a bounce, derivatives positioning and on-chain metrics reveal that sellers still hold significant sway.

Technical indicators offer few signals of an imminent trend reversal, leaving the market exposed to additional downward pressure.

XRP derivatives data show mixed market sentiment

Derivatives participants are displaying heightened caution regarding XRP’s short-term prospects, though signals remain mixed across different metrics.

According to CoinGlass, XRP’s long-to-short ratio registered at 0.84 on Tuesday. Staying below 1, this metric confirms that short positions outnumber long positions across monitored exchanges.

This positioning highlights a bearish tilt among traders, reflecting muted confidence in a quick price rebound.

In contrast, funding rates present a somewhat brighter picture. XRP funding rates flipped positive on October 30 and have maintained a level above zero ever since.

By Tuesday, XRP’s funding rate was recorded at 0.0073%. Positive rates indicate that long position holders are paying fees to short holders, signaling that some traders remain willing to pay to preserve bullish leverage.

This divergence between the long-to-short ratio and funding rates highlights a divided market regarding XRP’s upcoming trajectory.

While heavy shorting reflects caution, sustained positive funding suggests leveraged traders have not completely abandoned hopes for a rally.

Outside the derivatives sphere, on-chain metrics and overall volume trends indicate sustained selling pressure on both XRP and Stellar.

CryptoQuant’s market summary notes sell-side dominance across both spot and futures markets for XRP, accompanied by unusually large orders from crypto whales.

Substantial trades from high-net-worth market participants can exert a strong pull on near-term price action, particularly in periods of thinner liquidity.

CryptoQuant also flagged elevated activity in XRP’s spot market, pointing to increased trading volume taking place amid subdued overall sentiment.

Taken together, these parameters underscore a risk-averse environment where sellers maintain the upper hand.

XRP technical forecast: Bears maintain control below $1.30

XRP hovered near $1.2487 on Tuesday, with the daily chart confirming that bears remain firmly in charge.

The cryptocurrency continues to trade beneath all its key Exponential Moving Averages (EMAs), including the 50-day EMA at $1.336, the 100-day EMA at $1.324, and the 200-day EMA at $1.365.

Remaining beneath these core technical lines signals ongoing trend weakness, meaning any price rebounds are likely to encounter selling interest.

XRP also continues to struggle under a descending trendline near $1.285 as well as the key psychological threshold at $1.30.

These two price points stand as the primary hurdles buyers must clear to stage a meaningful short-term recovery.

Momentum tools provide little encouragement for buyers. The Relative Strength Index (RSI) sits near 37, reflecting weak buying pressure.

Because the RSI has not yet dropped into oversold territory, further downside moves remain possible before technical conditions become overextended.

At the same time, the Moving Average Convergence Divergence (MACD) remains slightly below zero, reinforcing the dominant bearish backdrop.

To turn the chart structure around, buyers must first push XRP back above the descending trendline resistance near $1.285.

A sustained break above this level could clear a path toward $1.30, which acts as a key short-term resistance barrier.

Clearing $1.30 would bring higher targets into focus, specifically the 100-day EMA at $1.324 followed by the 50-day EMA at $1.336.

The 200-day EMA at $1.365 forms another major resistance zone. Overcoming this cluster of moving averages would significantly strengthen the outlook for a potential move toward $1.54 and eventually $1.90.

Conversely, initial support is anchored at $1.16. A breakdown beneath this mark could trigger accelerated selling, opening the door toward the psychological $1.00 level, where buyers may step in to defend against deeper losses.

For now, XRP’s overall technical profile remains tilted to the downside, with its failure to recapture $1.30 leaving sellers firmly in control.