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Ripple Price Analysis: The Critical Level XRP Must Defend to Avoid Another Breakdown


Ripple Price Analysis: The Critical Level XRP Must Defend to Avoid Another Breakdown

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AI Overview

XRP, the crypto token, is under sustained selling pressure across both USDT and BTC pairs, with the XRP/BTC rate trading near multi-month lows while buyers only marginally defend support on the USDT chart. Technically XRP sits inside a descending channel below the 100-day and 200-day moving averages (both sloping lower and acting as resistance above $1.25), indicating token performance remains weak and momentum favors sellers absent a clear trend reversal.

Bearish

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XRP remains under pressure across both the USDT and BTC pairs, with sellers continuing to control the broader trend despite several short-lived recovery attempts. While the USDT chart shows buyers defending an important support area, the XRP/BTC pair continues to trade near multi-month lows, highlighting the token’s persistent relative weakness against the market leader.

Ripple Price Analysis: The USDT Pair

On the daily timeframe, XRP continues to trade inside a well-defined descending channel, keeping the broader market structure firmly bearish. It remains below the 100-day and 200-day moving averages, both of which are sloping lower and acting as dynamic resistance above $1.25. This alignment suggests that momentum still favors sellers unless a meaningful trend reversal develops.

Read the article at CryptoPotato

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Coins

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$ 1.10

+0.79%

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In This News

Coins

$ 64.01K

+1.36%

$ 1.10

+0.79%

$ 0.99926

+0.01%

Funds

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