XRP closed May at $1.34, roughly unchanged in dollar terms compared with a week earlier. However, the picture looks different when examined against Bitcoin.
While the USDT pair remains near recent lows—with the $1.20 support sitting uncomfortably close—the BTC ratio has staged a notable recovery over the past week. The RSI on the BTC pair has climbed to its highest level since February, signaling stronger relative momentum versus Bitcoin.
Ripple Price Analysis: The USDT Pair
On the USDT chart, price action has been largely flat over the past week. XRP is trading around $1.34 and is pressed against the upper boundary of a descending channel.
The 100-day moving average near $1.40 lies just above the current price. This level is within reach but buyers have failed to sustain a breakout above it during the last two weeks. Below, the $1.20 support band remains the key zone to watch; it has not been closed below since the wick seen in February.
The daily RSI sits in the 40–45 range and has recovered slightly from recent soft readings but does not provide a clear directional signal. For downside pressure to ease and for a credible recovery to begin, XRP needs a daily close back above the 100-day moving average near $1.40 and a decisive breakout from the descending channel. If that does not occur, the $1.20 demand zone could become the next significant area for price action in the coming weeks.
The BTC Pair
The XRP/BTC pair tells a different story. After finding support at the recent low near 1,700 sats, the pair has recovered above 1,800 sats and is approaching a break above that level—an early signal that a recovery could be underway.
More importantly, the RSI for XRP/BTC has risen to roughly 60–65, the highest reading since February and a marked reversal from the oversold levels seen in early May. Such a quick shift in RSI—from deeply oversold to the mid-to-upper 60s within a month—has historically favored continuation rather than an immediate fade.
Immediate resistance appears around the 2,000 sat zone. The 100-day moving average sits just below that level near 1,900 sats, while the 200-day moving average is slightly above at about 2,050 sats. Reclaiming this area would be a meaningful step toward a fuller recovery for XRP against Bitcoin.
On the downside, the recent 1,700-sat low remains the critical floor to defend. A decisive close below that level would negate the recent bounce and could push the pair considerably lower over the coming weeks.