<p class="is-style-lead"><a href="https://crypto.news/price/xrp/" rel="noopener noreferrer nofollow">XRP</a> traded near $1.13 on July 5, according to <a href="https://crypto.news/market-cap/" rel="noopener noreferrer nofollow">crypto.news market data</a>. The token was down 1.04% over 24 hours but remained up 7.79% over seven days. Its market cap stood near $70.26 billion, while 24-hour volume was about $1.67 billion.</p><div id="cn-block-summary-block_b72fef53742af533b4cb23de98dee236" class="cn-block-summary"><div class="cn-block-summary__nav tabs"><span class="tabs__item is-selected">Summary</span></div><div class="cn-block-summary__content"><ul class="wp-block-list"><li>XRP’s current price near $1.13 keeps the token below the key $1.20 weekly average.</li><li>A weekly death cross could turn the 200-week SMA from support into future resistance.</li><li>Crypto.news analysis keeps $1.10, $1.20 and $1.40 as key levels for XRP traders.</li></ul></div></div><p>The price remains close to a key technical zone after a short recovery from the $1 area. XRP has moved back above short-term support, but it has not reclaimed the higher resistance area near $1.20.</p><p>A post from ChartNerd warned that XRP is close to printing a weekly 20 EMA and 200-week SMA death cross. The analyst said the 200-week SMA near $1.20 may turn from a support floor into a supply ceiling.</p><figure class="wp-block-embed is-type-rich is-provider-x wp-block-embed-x"><div class="wp-block-embed__wrapper"><blockquote class="twitter-tweet"><p><a href="https://x.com/search?q=%24XRP&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$XRP</a> is on the verge of printing a 20EMA/200SMA weekly deathcross.<br><br>The 200-week SMA ($1.20) now has the potential to flip from a historical support floor into a supply ceiling during future rallies. It must be reclaimed to invalidate such a scenario. Here is what history has… <a href="https://t.co/Okcc0bSeo0" rel="noopener noreferrer nofollow">https://t.co/Okcc0bSeo0</a><a href="https://t.co/ygc8i6DFi1" rel="noopener noreferrer nofollow">pic.twitter.com/ygc8i6DFi1</a></p>— 🇬🇧 ChartNerd 📊 (@ChartNerdTA) <a href="https://x.com/ChartNerdTA/status/2073706503370879368?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">July 5, 2026</a></blockquote></div></figure><p>That level now matters because price remains below it. A weekly close above $1.20 would weaken the bearish case. Failure to reclaim it may keep sellers active during future rallies.</p><h2 class="wp-block-heading" id="strong-weekly-death-cross-keeps-traders-cautious-strong"><strong>Weekly death cross keeps traders cautious</strong></h2><p>A death cross happens when a shorter moving average falls below a longer moving average. In this case, the focus is on the weekly 20 EMA and the 200-week SMA.</p><p>The signal does not confirm an instant drop by itself. It shows that medium-term momentum has weakened against the long-term trend. Traders often watch how price reacts after the cross appears.</p><p>ChartNerd said “the 200-week SMA ($1.20) now has the potential to flip from a historical support floor into a supply ceiling.” The analyst added that XRP must reclaim that area to reject the bearish setup.</p><p>The analyst also pointed to two past examples. In 2022, XRP formed a bottom shortly after a similar signal. In the 2018 to 2020 bear market, the final low came months later after repeated failures near the 200-week SMA.</p><h2 class="wp-block-heading" id="strong-daily-chart-shows-short-term-recovery-strong"><strong>Daily chart shows short-term recovery</strong></h2><p>The XRP/USDT daily chart still shows a broader downtrend, with lower highs from May into late June. The token recently bounced from the lower Bollinger Band near $1 and moved back above the middle band.</p><p>The latest candle is red near $1.1325, showing a pullback after the rebound. Price remains between the middle Bollinger Band near $1.1064 and the upper band near $1.2094.</p><p>Holding above $1.1064 keeps the short-term recovery alive. A drop below that level would weaken the bounce and bring the $1.00 to $1.03 area back into focus.</p><p>The MACD has improved, with the MACD line above the signal line and a positive histogram. Still, both lines remain below zero. That means momentum is recovering, but the wider trend has not fully turned.</p><figure class="wp-block-image aligncenter size-large"><img width="1024" height="627" src="https://media.crypto.news/2026/07/image-23-1024x627.webp" alt="Source: TradingView" class="wp-image-14471584"></figure><p class="has-text-align-center">Source: TradingView</p><h2 class="wp-block-heading" id="strong-crypto-news-data-keeps-1-20-in-focus-strong"><strong>Crypto.news data keeps $1.20 in focus</strong></h2><p>Crypto.news <a href="https://crypto.news/xrp-price-climbs-as-supertrend-signal-14-percent-rally/" rel="noopener noreferrer nofollow">reported</a> on July 3 that XRP climbed to a three-day high after Ripple’s European expansion and a fresh Supertrend buy signal. The report said XRP moved from around $1.02 on July 1 to an intraday high near $1.11.</p><p>A separate <a href="https://crypto.news/xrp-price-double-bottom-or-deeper-crash-1-40-close-holds-the-answer/" rel="noopener noreferrer nofollow">crypto.news analysis</a> said XRP needed to reclaim $1.20 to $1.25 to support a stronger rebound. It also placed $1.10 as a key support level and warned that wider weakness could bring $0.90 and $0.80 back into view.</p><p>The same report said a monthly close above $1.40 would help confirm a stronger double-bottom case. Until then, XRP remains in a cautious zone, even after the recent rebound.</p><p>At press time, traders are watching three levels. XRP must hold $1.10 to protect the short-term bounce, reclaim $1.20 to weaken the death cross warning, and clear $1.40 to improve the larger structure.</p><p>Read more: <a href="https://crypto.news/what-is-zktls-web-proofs-explained/" rel="noopener noreferrer nofollow"> What Is zkTLS? Web Proofs Explained </a></p>

XRP death cross warning puts $1.20 resistance in focus

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