XRP’s price structure has shown alarming signs of weakness, with analysts warning that the token must quickly reclaim a crucial level to avoid further downside. According to market commentator Jordan Kerridge, known as “That Martini Guy,” XRP has broken below its last line of defense at $1.15, a level that previously helped maintain the bullish market structure. “The loss of $1.15 suggests growing weakness,” Kerridge noted, adding that bulls are losing confidence and the asset could face intensified bearish pressure.
Adding to the concern, on-chain and derivatives metrics have deteriorated. XRP slid another 1.17% over 24 hours, trading between $1.12 and $1.18 as daily volume hovered near $1.47 billion. Whale wallets have been offloading, with large sales pushing the token closer to the next major support at $1.10. Futures open interest slipped, and the Crypto Fear & Greed Index remained deep in Extreme Fear territory, signaling broad market apprehension.
Last week’s attempted recovery above $1.20 was rejected, and analysts now say breakout targets remain untriggered. While spot inflows have been steady, the combination of whale distribution, declining network activity, and bearish technical structure leaves XRP vulnerable. The $1.10 level now emerges as a critical floor; if it fails, selling momentum could accelerate.
