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Ripple Price Analysis: Is XRP Heading Toward $1 as Sellers Resume Control?


Ripple Price Analysis: Is XRP Heading Toward $1 as Sellers Resume Control?

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Ripple’s XRP remains trapped in a prolonged consolidation phase after months of persistent bearish pressure, with recent price action reflecting indecision and a lack of strong directional momentum. The asset is now hovering near critical support levels, where the next breakout could define the medium-term trend.

Ripple Price Analysis: The Daily Chart

On the daily timeframe, XRP continues to trade inside a broad descending channel while remaining below both the 100-day and 200-day moving averages, confirming that the larger bearish structure remains intact.

Read the article at CryptoPotato

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$ 1.09

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Coins

$ 1.09

-1.49%

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