XRP drops 9% as support at $1.3 tested amid bearish momentum
XRP (XRP)
Editor:
Eugene Serbin
Cryptopotato.com reported on Friday that XRP fell 9% this week after sellers rejected a breakout at the $1.6 resistance level. The price has retreated to the $1.3 support level, putting bulls on the defensive as they attempt to stabilize. This pullback follows a sharp rally where the cryptocurrency rose 60% in less than a week during late August.
The current price action suggests a test of the key $1.3 support is imminent. If this level holds, XRP could book a higher low and encourage buyers to return for another attempt at $1.6. However, the $1.3 level is viewed as a critical turning point that can make or break the recent upward momentum.
A failure at this support could signal that sellers are back in control. The asset is currently at a pivotal moment for its short-term trend.
How the market reacted
Whalio's own Binance spot order flow for XRP, measured when this story was written up on 11 September 2026. Not the outlet's figures.
XRP is trading at $1.33 with a 1-hour buy ratio of 45.7% and a 4-hour buy ratio of 46.6%, both below the 24-hour ratio of 49.3%. This indicates that buying pressure is fading in the shorter timeframes compared to the daily average. The volume delta is negative across all periods, with -$1,622,907 in the last hour and -$7,618,948 over four hours. These negative deltas mean that sell volume has exceeded buy volume, pushing the price down. Net buying has only occurred for 10 of the last 24 hours, suggesting a lack of sustained demand.
The latest daily buy ratio of 50.6% sits at the 83rd percentile of the last 322 days, against a median of 48.5% - stronger buying than most days.
Was that an ordinary day?
The same Binance spot measurements for XRP, averaged over the days leading up to the story.
Over the preceding week, the 7-day average buy ratio was 50.4%, compared to the current 24-hour ratio of 49.3%, showing a slight decline in buying interest. Volume was 1.06x the average, indicating slightly higher activity than usual. Net buying occurred on 4 of the 7 days, with a total volume delta of +$14,421,153 for the period. The price dropped 8.0% over the eight-day window, contrasting with the weekly average performance. This represents an unusual day for the coin, as the current buy ratio is lower than the weekly average.