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XRP Retraces Below 200-Day Moving Average Following Rejection Above $1.50

Technical indicators show XRP consolidating near $1.35 after losing its 200-day moving average, with derivatives funding rates sliding to multi-month lows.

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After gaining 34.6% from its August 17 low of $0.98 to surpass $1.50 in early September, XRP pulled back to $1.35 by September 13, 2026. The correction placed the token beneath its 200-day moving average of $1.355, a benchmark it had held above for most of the year. Buyers previously defended the lower boundary of the $1.33 to $1.36 range on September 11, when the price rebounded from a low of $1.315 to close at $1.3562.

Technical analysis in the report outlines multiple support thresholds below current levels, beginning with a dynamic average at $1.337 and horizontal levels at $1.33 and $1.30, where the 20-day exponential moving average sits at $1.3055. Deeper support points are identified at $1.23, the 50-day EMA at $1.2112, $1.10, and the August cycle low of $0.98.

The pullback followed the breakdown of a prior demand zone between $1.35 and $1.38 that had accumulated 3.2 billion XRP. Alongside the spot price weakness, XRP perpetual futures funding rates dropped to −0.0094%, marking their most negative reading since June 28 as short positions pay longs.

How this piece reads Sell tone -2
Site call on XRP Buy score 57.9

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