Ripple Price Prediction: Is $1 Back in Play After XRP’s Rally Was Halted at $1.65?

Ripple’s XRP has staged a pointy rebound after printing a neighborhood low close to $1.10, however the broader construction stays fragile. The latest impulsive transfer larger has pushed the value again right into a key provide space, making a essential determination level between continuation and one other rejection throughout the dominant downtrend.

Ripple Price Analysis: The Daily Chart

On the every day timeframe, XRP stays inside a well-defined descending channel, respecting the bearish construction regardless of the latest bounce. The sell-off accelerated towards the most important demand zone round $1.10–$1.20, the place patrons lastly stepped in aggressively. This response confirms the importance of the $1.15 space as a robust higher-timeframe demand.

However, the rebound is now approaching the channel’s center trendline , a previous breakdown area close to $1.75–$1.85, which beforehand acted as help and has now flipped into resistance. As lengthy because the asset stays under this $1.80 area, the broader bias stays corrective inside a bearish development. A every day shut above $1.85 would open the trail towards the subsequent main provide at $2.40–$2.50, whereas rejection from this zone may ship the value again towards $1.20 once more.

XRP/USDT 4-Hour Chart

On the 4-hour timeframe, the restoration seems extra impulsive, with robust bullish candles reclaiming the short-term provide space round $1.50–$1.55. The asset pushed into the $1.65–$1.80 area, which aligns with minor intraday provide and the decrease boundary of the earlier consolidation vary. However, it was rejected there and introduced again to its start line.

If RP manages to stabilize above $1.55 and construct a base between $1.55 and $1.70, a continuation towards $1.80 turns into doubtless. On the opposite hand, failure to carry above $1.55 may shift momentum again to the draw back, exposing $1.30 first after which the important thing $1.15 demand once more.

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