XRP price declined on the daily chart on Sunday, July 5, 2026. Market participants are watching for the prominent support zone and new technical signals on the weekly chart. Analysts state that the token has reached a critical decision stage after the squeeze on the Super Guppy indicator.
Critical range stood out in the technical outlook
XRP is trading at $1.13 at press time. The trading volume of the asset, which lost 3.21 percent in value in the last 24 hours, decreased to 1.14 billion dollars. According to CoinMarketCap data, the daily decrease in volume was 43.3 percent. In contrast, XRP’s gain in the last seven days remained at 8.75 percent. XRP is known as a crypto asset used in the Ripple ecosystem and associated with cross-border payments.
Egrag Crypto, one of the analysts closely followed in the market, says that the XRP price may be preparing for a new expansion phase. The analyst points out that the Super Guppy indicator on the weekly chart has moved from a strong green expansion outlook to a mixed and gray compression area. This change indicates that the momentum is weakening and the market is entering a more cautious phase.
Egrag Crypto emphasizes that the current structure may remain valid if the range between 0.80 and 1.10 dollars is maintained, and if this band is broken down, the general outlook may be damaged.
According to the analyst, the $0.80 to $1.10 range is at the center of the current structure. As long as XRP remains within this band, it is considered that the technical framework is not completely broken. In the upside scenario, the price must maintain support, return above the red moving average zone, and the Guppy structure must move into the green expansion phase again.
Egrag Crypto lists $3.59, $6.73 to $9.17 range, $16.36, and $53.86 in the broader cycle extension as possible targets if a new expansion signal occurs.
The $1.20 level is being watched for risk reduction
On the other hand, ChartNerd points to another signal supporting the weak outlook on the weekly chart. According to the analyst, XRP is approaching a death cross between the 20-week exponential moving average and the 200-week simple moving average. Similar patterns have been seen in the past during down cycles.
ChartNerd states that the 200-week simple moving average is currently at $1.20 and that this region may turn into a supply ceiling in future increases. Therefore, settling the price above $1.20 is considered important in terms of mitigating the downside risk.
ChartNerd reminds that in the 2022 example, XRP bottomed within a week after the death cross, whereas in the 2018 to 2020 period, it took about six months for the bottom to form.
The analyst thinks that historical examples may point to a possible cycle bottom at $0.90 or $0.70, which could extend from June to the end of 2026. Despite this, in the short term, the 1 dollar region is still among the levels to be monitored in terms of local bottom.
