The XRP price slipped on the daily chart on Sunday, 5 July 2026, as traders watched a key weekly support zone and fresh technical signals. Analysts said the token now faces a major decision point after its Super Guppy indicator moved into compression.
As of press time, XRP is trading at $1.13, showing a decline of 3.21% in the past 24 hours. CoinMarketCap data shows that the trading volume is currently standing at $1.14 billion, down 43.3%. The token has gained 8.75% over the last week.
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XRP Price Holds Key Range as Super Guppy Cools
Popular analyst Egrag Crypto highlighted that the price of XRP is setting up for an expansion stage. He pointed to the Super Guppy indicator in the weekly chart. The signal indicated that the XRP is not moving fully in the impulse stage.
The analyst noted that the Super Guppy trend shifted from strong green expansion to a combination of mixed and grey compression. This indicates that momentum is slowing down. The analyst calls this shift the macro retest or cooldown pattern.
The most important level is the $0.80-$1.10 range. According to Egrag, this structure is still alive as long as the XRP stays inside the mentioned range. The breakdown of the said range could harm the overall structure.
For bulls, the next steps are clear. The XRP price should sustain the support, return the price above the red moving average area, and shift the Guppy back to green expansion.
Egrag listed multiple targets in case of the new Guppy expansion. Those levels are as follows: $3.59, $6.73-$9.17, $16.36, and even $53.86 as wider cycle extension targets.
XRP Price Must Reclaim $1.20 to Reduce Bearish Risk
Nevertheless, analyst ChartNerd sounded the alarm over bearish signals on a weekly chart. According to him, XRP is on the verge of printing a death cross pattern between the 20-week EMA and 200-week SMA. Such patterns have formed during previous bear cycles.
The 200-week SMA currently stands at $1.20. The analyst pointed out that such levels may become the supply ceiling in case of XRP rallies in the future. Therefore, the price needs to break through them to reduce this risk.
XRP Price History Points to Next Cycle Low
ChartNerd compared the current situation with previous examples. Thus, in 2022, XRP reached its lowest point after one week following the death cross formation. This example would favor the hypothesis that $1 is a reliable local low for XRP.
Still, the 2018-2020 bear cycle shows that bottoming takes much more time. XRP printed a bottom in six months following the appearance of the death cross pattern. According to ChartNerd, history suggests a possible cycle low from June to the end of 2026 at $0.90 or $0.70.
This article contains market analysis and price predictions. These are not guarantees. Crypto markets are volatile. Always DYOR. Not financial advice.
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