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Ripple Price Analysis: XRP Structure Will Remain Bearish Until This Key Level Is Reclaimed


Ripple Price Analysis: XRP Structure Will Remain Bearish Until This Key Level Is Reclaimed

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Ripple’s XRP remains under sustained bearish pressure, with recent price action showing limited recovery attempts and continued acceptance at lower levels. The broader structure suggests the market is still in a corrective phase rather than transitioning into accumulation.

XRP Price Analysis

The Daily Chart

On the daily timeframe, XRP continues to trade within a well-defined descending channel that has been respected since the major breakdown earlier in the trend. The asset is currently hovering just above a key demand zone around the $1.80 area, which has acted as a buyer’s base during recent pullbacks. Despite this support holding for now, the overall structure remains weak, as XRP is still capped below the descending trendline and remains under both the 100-day and 200-day moving averages.

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