Where Does XRP Bottom?
XRP stalled just under its 200-day moving average and long-term holders have already sold into the break, leaving the next floor thinner than the chart suggests. The support ladder tells a story about where buyers draw the line before the…
XRP (CRYPTO:XRP) ran 34.6% off its August low, peaked above $1.50 in early September, and has settled back to $1.35 as of September 13, 2026. The pullback stopped a fraction under the 200-day moving average of $1.355, which XRP has not closed above since.
The demand zone under the price has given way and traders are paying to stay short. So where does XRP stop falling now the 200-day is overhead?
XRP Stalled Within a Cent of Its 200-Day Average
A moving average is the mean closing price over a set number of days, redrawn each session, and traders use the 200-day version as the marker between long uptrends and long downtrends. XRP spent most of 2026 above it and lost the level on the pullback from $1.50.
The 200-day now runs above the price, so the line that carried XRP through most of the year has become the first thing overhead. A shorter dynamic average reads $1.337, which is 1.0% below the price and the nearest line dip buyers would use as a ready-made entry.
Buyers defended the low end of the $1.33 to $1.36 cluster on September 11, when XRP printed a daily low of $1.315 before closing at $1.3562. The coin has traded in a tight range since, so neither side has taken the level.
XRP’s Support Ladder Runs to $0.98
With the 200-day above the price, the next rung down is $1.33, which is 1.5% below. Below that runs $1.30, near the 20-day exponential moving average of $1.3055, or 3.7% below. An exponential moving average weights recent prices more heavily than the simple version, so the 20-day reacts faster to a break and is often where short-term traders reload.
$1.23 is 8.9% below, and $1.21 runs beside the 50-day EMA of $1.2112, 10.3% below. $1.10 is 18.5% below, and the deepest rung is the August 17 cycle low of $0.98, 26.8% below. Each rung marks a level XRP traded through on the way up from the August low.
Above them all is the $1.35 to $1.38 demand zone, which held 3.2 billion XRP before it gave way. A demand zone is a price band where large amounts of coin were bought and never sold, so the sellers who came out were wallets that had held for months. Once long-term holders sell into a break, the next dip buyer finds a thinner floor than the chart suggests.
XRP Shorts Are Paying Longs for the First Time Since June
XRP’s funding rate reads −0.0094%, the most negative since June 28. A funding rate is the periodic payment between the two sides of a perpetual futures contract, and a negative reading means short holders are paying long holders to keep positions open. Traders are paying to bet against XRP while it holds just under the 200-day.
Short interest built into the September 11 CPI release. The Relative Strength Index read about 62 on September 9 and has moved lower since. RSI measures the speed and size of recent price moves on a 0 to 100 scale, with readings above 70 marking an overbought market and below 30 an oversold one, so the low 60s falling toward 50 describes a market cooling off a run rather than one already washed out.
Ali Martinez, a crypto analyst with a large following on X, names a $1.06 pivot, 21.5% below, and a $0.62 target, 54.1% below. EGRAG, an XRP-focused chartist on the same platform, sees $0.88 first, 34.8% below. Those targets only work if the 200-day and the $1.30 area both break in the same move rather than one at a time.
$1.30 Is Where XRP Probably Stops
XRP would probably find its floor at $1.30, because the 20-day EMA of $1.3055 lines up with a round number, and short holders paying to hold positions tend to close them the moment a bounce starts. If XRP loses $1.33 and $1.30 in the same session, the next floor is the $1.21 area at the 50-day EMA, then $1.10, and then the August 17 low of $0.98.
A daily close back above $1.38 would invalidate the deeper rungs, because it would put XRP inside the demand zone the sellers broke and force the shorts paying negative funding to buy their positions back. Until XRP takes that level, the ladder below is where the next move shows first, and every rung that survives a test becomes something the next set of buyers can lean on.
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Sam Daodu is a crypto analyst who's spent nearly a decade making blockchain understandable—no easy task when most whitepapers read like fever dreams. He writes for 24/7 Wall St., covering Bitcoin, altcoins, and crypto market analysis for investors. Before crypto, he was a tech writer (back when explaining "the cloud" was peak innovation). Since 2018, he's written for CoinTelegraph, Yahoo Finance, The Block, Cryptonews, Zypto, Rain, and more—basically anywhere people want crypto news without the headache. Sam runs MacLabs Marketing, a content agency for crypto brands tired of sounding like AI wrote their website. He also publishes free crypto education on his site for Web3 enthusiasts who think "gas fees" is a typo. When he's not writing or staring at charts, Sam's either: - Watching anime (currently convinced One Piece has better tokenomics than most altcoins) - At the gym sculpting himself into a Greek god - Listening to the music your mum warned you only bad boys listen to Connect: LinkedIn | Email | MacLabs Marketing
