XRP Slides 5% Below $1.11 as Ripple Joins Water.org RLUSD Push, $1.05 Support in Focus

XRP News

XRP slipped into a fresh corrective leg after failing to hold above the $1.1750 region, with sellers regaining control across the broader market. The token tracked Bitcoin and Ethereum lower, first surrendering $1.16 before losing the $1.155 zone on the hourly chart. The breakdown of a rising trendline anchored near $1.1620 amplified the pressure, dragging price beneath the 100-hour simple moving average. Trading stayed weak below $1.150, leaving the asset exposed to deeper downside. As one of the most closely watched altcoins, XRP now sits at a juncture where the $1.10 handle has become the decisive short-term battleground for buyers and sellers.

With momentum fading, the $1.150 resistance hardened into a clear decision level. A reclaim of that zone could open a path toward $1.158 and then $1.165, while the wider recovery case hinges on bulls retaking the $1.184 region to neutralize the near-term downtrend. On the downside, the first meaningful support sits near $1.102, a band that aligns with the 61.8% Fibonacci retracement of the move from the $1.05 low to the $1.1863 peak. A decisive close below $1.1072 would expand the risk toward $1.10 and below, deepening what already resembles a bear-market structure for the token.

Beyond price action, Ripple broadened RLUSD's real-world footprint by joining Water.org's newly launched Get Blue campaign as a founding partner. The San Francisco firm enters a coalition that includes Amazon and Gap, aimed at financing safe water and sanitation access for the more than two billion people who lack it at home. Ripple said it will deploy its US dollar-backed stablecoin RLUSD to move funds to Water.org's microfinance partners operating across emerging markets, where scaling transaction volume is a concrete need. The initiative builds on Water.org's WaterCredit model, which extends small, low-cost loans for essential infrastructure rather than relying solely on traditional donations.

The campaign also spotlighted the growing strain on water systems in the age of artificial intelligence. According to US Environmental Protection Agency figures, direct water consumption by American data centers is projected to climb to 73 billion gallons by 2028, driven largely by AI-related demand. While Get Blue does not target that industrial footprint directly, it leans on the same corporate backers to address the humanitarian side of the crisis. For Ripple, the partnership doubles as a demonstration of stablecoin utility for cross-border philanthropic flows, positioning RLUSD as a settlement rail for funding that must reach low-income households efficiently, and signaling that an exchange-listed token's parent firm is courting non-speculative adoption.

On the analytics side, traders are weighing whether XRP is carving out a durable bottom near $1.09, a level that coincides with the 0.786 Fibonacci retracement many view as a macro turning point. Some analysts frame the zone as a potential double bottom, arguing that a monthly candlestick close above $1.40 would confirm the cycle low was set near $1.05. Others flag $1.19 and $1.27 as the resistance hurdles a recovery must clear first, with a reclaim of the $1.61 to $1.65 band needed to validate a genuine bull-market reversal. Failure to defend support, however, could invite another retest of the $0.80 region.

The latest leg lower carried unusually heavy participation. Trading activity surged to roughly 109.9 million XRP during the selloff, more than double the daily average, before normalizing as the session closed. That spike pointed to an active liquidation and repositioning event rather than a slow grind of bearish conviction. XRP fell from about $1.1505 to $1.1248 over the 24-hour window, losing more than 4% as the $1.13 shelf gave way and instantly flipped into near-term resistance. The token remains boxed inside a descending channel and below the major moving averages that longer-horizon traders track, keeping the broader trend firmly tilted to the downside.

COINOTAG's proprietary 42-indicator composite S/R scoring engine rates the $1.1136 resistance at 69/100, built on the confluence of a Fibonacci 0.114 cluster, a fresh MACD cross and the daily pivot point. Below spot, the engine scores the $1.0501 floor at a category-leading 77/100, anchored by Donchian Lower and Swing Low reads, with $1.0990 close behind at 63/100 via S1 and an oversold RSI. With RSI at 29.12 and MACD bearish, derivatives data shows a 0.0033% funding rate, $625 million in open interest and a crowded 3.20 long/short ratio (76.2% long) — a stretched setup vulnerable to a long squeeze. Against a Fear & Greed reading of 9 (Extreme Fear), losing $1.0501 invalidates the bullish thesis, while holding it keeps a reclaim of $1.1136 in play.