Ripple’s XRP has remained inside a larger bearish market structure despite recent stabilization near the $1.30 support zone. Short-term volatility has eased over the past weeks, but the asset is now approaching a decisive technical area where the next significant directional move may be set in motion.
Ripple Price Analysis: The Daily Chart
On the daily timeframe, XRP faces a notable cluster of resistance between approximately $1.40 and $1.45. This zone includes the 100-day moving average, which sits near $1.40 and coincides with the upper boundary of the long-term descending channel. The alignment of these technical factors strengthens this resistance area and raises the likelihood of a bearish rejection as selling pressure increases.
Recent recovery attempts have lacked convincing bullish momentum. If XRP fails to reclaim the $1.40–$1.45 region, the loss of upward momentum could prompt another pullback toward support levels near $1.30 and $1.20. From a broader perspective, only a clear bullish breakout above the descending channel on higher timeframes would negate the prevailing bearish structure and create the potential for a sustained rally toward higher resistance targets.
XRP/USDT 4-Hour Chart
On the 4-hour chart, XRP has entered an extended consolidation phase that has formed a symmetrical triangle. This pattern represents a temporary balance between buyers and sellers, with neither side currently in control. Symmetrical triangles often precede sharp directional moves once a decisive breakout takes place.
The price is now trading near the tightest section of the triangle around the $1.40–$1.45 range, indicating that a breakout could occur soon. A bullish break above the triangle’s upper trendline would likely open a pathway to higher resistance zones, while a breakdown below the lower boundary would probably accelerate downward pressure and extend the broader bearish trend.