Why Bollinger Bands Are Now Targeting Sub-$1 Area for XRP

Cover image via U.Today Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available. Three months of harsh consolidation and record-low volatility on XRP's monthly chart in TradingView have ended with a powerful breakdown. The Bollinger Bands, whose borders compressed into a narrow corridor over the spring, have now expanded to the downside. Advertisement June has brought a 16.98% decline, turning the indicator's lower band into the main price reference point for the market. The middle line (20-month SMA) remains far above at $2.06. Since XRP broke this level from above , sellers have fully seized the initiative. This is why the lower boundary near $0.92 is currently acting as a powerful price magnet, pulling technical targets below the dollar mark. HOT Stories Ripple Scores Massive MiCA License Win in Europe XRP Tests Recovery Ground, Dogecoin (DOGE) Zero Removal Rally, Shiba Inu (SHIB) Risks Are Up: Crypto Market Review XRP price monthly chart with Bollinger Bands, Source: TradingView A clear consensus is forming in the market. Before discussing a return to $2, the coin will first test the strength of buyers and the density of orders below the psychological $1 level. Advertisement The current breakdown is not just a local failure, but a continuation of a heavy trend that has followed the coin since the beginning of the year. This ongoing slide technically explains why the Bollinger Bands indicator is pointing to new lows. The entire first half of 2026 is proving depressing for holders of the asset. January and February immediately set a bearish tone by closing deep in negative territory. You Might Also Like Tue, 06/23/2026 - 06:30 Bitwise XRP ETF Crosses $200M in Year-to-Date Inflows By Alex Dovbnya Advertisement A short pause and an attempted rebound in April have been completely erased by the subsequent spring slide in price. Looking at the quarterly history, XRP is going through one of its worst periods in recent years. The coin closed the first quarter having lost more than a quarter of its value. Meanwhile, the current second quarter is only worsening the situation, showing a double-digit decline. The market is facing a systemic outflow of liquidity. The prolonged regulatory deadlock around the Clarity Act in the U.S. Senate is forcing major players to de-risk. The last line for XRP bulls At the moment, the last line of defense remains the local support block in the $1.05–$1.10 range. The only factor keeping XRP from an immediate breakdown is the stable inflow of capital into spot XRP ETFs . Net assets of these funds are currently hovering around $1.35–$1.45 billion. However, if June's monthly candle closes below $1.00, a move toward the lower Bollinger Band at $0.92–$0.96 will become technically inevitable. Historically, June rarely rewards XRP buyers with major upside moves. In the coming weeks, the market will have to search for a real bottom. #XRP #XRP News #Ripple News