Ripple Price Prediction: Will XRP Drop Back to $1.20? Key Support Levels Tested Amid Bearish Pressure
XRP stays underneath sustained bearish stress throughout each its USDT and BTC pairs, with the worth construction persevering with to print decrease highs and decrease lows. Despite short-term bounces from help ranges, the broader development favors sellers as the worth trades beneath key transferring averages and inside a descending construction.
Ripple Price Analysis: The USDT Pair
On the XRP/USDT chart, the worth is buying and selling inside a well-defined descending channel, constantly rejecting dynamic resistance from the midline of the channel, the higher trendline, and the 100-day and 200-day transferring averages. The current bounce from the $1.20 demand zone failed to reclaim the $1.80 provide space, reinforcing the bearish construction and confirming that rallies are nonetheless corrective in nature.
The RSI additionally stays beneath the impartial 50 stage and continues to development weakly, signaling a scarcity of bullish momentum. As lengthy as XRP stays beneath the mid-channel resistance and the 100-day and 200-day transferring averages, positioned close to $1.90 and $2.30 ranges, respectively, the draw back threat towards the decrease channel boundary stays elevated, with the $1.20 zone performing as important structural help.
The BTC Pair
Against Bitcoin, XRP can be exhibiting relative weak point, buying and selling beneath each the 100-day and 200-day transferring averages, that are each positioned above the two,200 sats space, after failing to maintain prior breakout beneficial properties. The rejection from the two,200-2,400 sats resistance zone confirms that sellers are defending greater ranges, whereas the worth compresses close to a key horizontal help band at 2,000 sats.
Momentum on the XRP/BTC pair is neutral-to-bearish, with the RSI struggling to set up sustained energy above 50. A breakdown beneath the present help area may open the door for additional relative underperformance, whereas reclaiming the transferring common cluster could be the primary sign that XRP is starting to regain energy versus BTC.
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