XRP slipped to $1.18 on Tuesday, confirming a break of structure on the 4‑hour timeframe and extending a series of lower highs and lower lows that began at $1.3414. The move represents the token’s sharpest one‑day decline since 2025, wiping roughly 30% of its weekly value and shrinking its market cap to about $75 billion, according to The Crypto Basic.

4‑Hour Chart Signals Continued Bear Control

The 4‑hour candle closed below the $1.2355 swing low, turning that former support into a potential resistance zone. Both the 21‑period EMA ($1.2578) and the 55‑period EMA ($1.2703) are trending downward, with the shorter EMA already beneath the longer, a classic bearish alignment. The price also fell beneath the lower volatility band at $1.2186, indicating that sellers have pushed the token beyond its normal statistical range. Until the price can close above the EMA55, the chart remains tilted toward sellers, according to The Crypto Basic.

Analyst Egrag Crypto Sees an Accumulation Zone

Crypto analyst Egrag Crypto, cited by Crypto Daily, said XRP has entered an “accumulation zone” around the $1.18 level, a target he tracked for weeks. He expects one more shake‑out, potentially pushing the token into a $1.11‑$1.07 dip before any recovery. From there, his roadmap lists a first upside target at $1.25, followed by $1.43 at the top of his channel, with longer‑term goals of $1.63 and $1.80. Egrag Crypto warned that consecutive daily closes below his key line on strong‑volume selling would force a reassessment of the bullish case.

What to Watch Next

Traders should monitor three price thresholds: a break below $1.18 could trigger the $1.15‑$1.12 support cluster, while a rebound above $1.25 would test the first recovery target and the 50‑day EMA near $1.31. The decisive invalidation level is a 4‑hour close above the EMA55 at $1.2703, which would suggest buyers are reclaiming control. Conversely, a daily close under $1.07 on heavy volume would deepen the downside outlook and invalidate the accumulation narrative.