XRP is trading at $1.39 as the first week of May ends. In dollar terms the price is roughly flat while the wider market shows renewed momentum. Bitcoin’s recent rally has acted as a rising tide, preventing Ripple’s token from making new USDT lows. However, removing that macro tailwind reveals a less comfortable technical picture for XRP.
Against Bitcoin, XRP has just broken below a support level that had held for the past few months, marking its weakest relative performance during the entire corrective cycle.
XRP Price Analysis: The USDT Pair
On the USDT pair, XRP remains inside a long-term descending channel and is currently trading just below the channel’s upper boundary. The 100-day moving average near $1.40 and the channel’s top are compressing overhead, while the 200-day moving average has drifted down into the $1.80 supply zone. Together these create a dense resistance ceiling that price has not yet seriously threatened. The RSI sits near 50, offering no clear directional signal.
Immediate support to watch is the $1.20 February low; preserving this level is critical for buyers. On the upside, the $1.40–$1.50 area is the first meaningful test, with the $1.80 supply zone representing the threshold where the structural picture would start to shift materially. Given the current momentum, neither level appears imminent.
The BTC Pair
The more consequential development is on the BTC pair. XRP/BTC has slipped to 1,771 sats, breaking below the 1,800-sat February low. That breach is not marginal: it confirms XRP is making new cycle lows relative to Bitcoin precisely as BTC is recovering most convincingly, highlighting a clear divergence between the two assets. The RSI has dropped into oversold territory, reflecting dominant bearish momentum.
With that floor broken, the next meaningful support sits around the 1,600-sat zone, the lower boundary of the descending channel. The 100-day moving average at roughly 2,000 sats and the 200-day moving average near 2,100 sats remain well overhead and trending lower. A genuine reversal on XRP/BTC would require at minimum a recovery above the 1,800-sat area, and at present there are no strong indications that such a reclaim is imminent.
