XRP fell below the closely watched $1.30 support on Thursday, with bearish derivatives positioning and a cautious macro backdrop keeping buyers on the defensive.
XRP Falls Below $1.30 Support
The token was trading around $1.29 after a Federal Reserve hold at 3.75% to 4.00% failed to improve risk appetite. Even though rates were unchanged, traders are still dealing with sticky inflation worries and a hawkish tone that has weighed on speculative assets across the market.
Positioning data points to a market still leaning against XRP. CoinGlass showed a long-to-short ratio of 0.82, near its weakest level in more than a month, indicating that short positions outweigh longs in the tracked data. Funding rates remained slightly positive at 0.0036%, showing some demand for leveraged longs, but not enough to reverse the broader bearish setup.
CryptoQuant’s indicators also showed sell-side dominance in both spot and futures trading, with large whale orders adding to the noise. The combination matters because it suggests that even with pockets of buying, sellers are still setting the tone and limiting any rebound attempts.
The technical picture has weakened further as XRP lost the $1.300 floor. The daily Relative Strength Index sits at 40, below the neutral 50 mark, while the price remains under key moving averages. The 100-day exponential moving average near $1.333 is the first hurdle, followed by the 50-day EMA at $1.357 and the 200-day EMA at $1.372.
A daily close back above that band would be needed to repair the near-term chart and show buyers are regaining control. Until then, traders are likely to treat rallies as sell opportunities, with the next focus on whether XRP can hold above $1.30 or extend its slide toward lower support levels.
| Entity | Gains | Losses |
|---|---|---|
| Shorts | ▲Lower prices | ▼Rebound risk |
| Longs | ▲Leveraged upside if support holds | ▼Breakdown below $1.30 |
| Sellers | ▲Control near-term flow | ▼Missed upside if XRP reclaims resistance |
| XRP bulls | ▲Relief only on a move back above $1.333-$1.372 | ▼Weak technical momentum |

