XRP is still trading in a broader uptrend and attempts to pull back to the lower upside continue. The asset is now trying to establish a bottom near the lower part of the range, so the next move will probably depend on whether buyers can protect the last floor and restore the first resistance group.
Ripple Price Analysis: USDT Pair
On the daily chart of XRPUSDT, the trend remains within the descending channel and the price is below the 100-day moving average and the 200-day moving average. The most important additional supply is the $1.80 zone, which has emerged as a pivot zone and now coincides with dynamic resistance from moving averages and channel structure.
Above that, the next heavier resistance level is $2.40 to $2.50, where the sellers entered earlier and where a larger trend reversal should prove itself.
Support is centered around $1.20, an area that has been defended many times since the recent dip. As long as XRP remains above this band, the market can form a base and start a recovery. However, a clean daily breakout of $1.20 weakens the structure and makes a deeper drop to the next support zone near $1.00 or even lower possible.
BTC pair
On the daily chart of XRPBTC, XRP is trading around 2,050 levels and is still above key resistance levels and key 100-day and 200-day moving indicators after maintaining previous recovery swings. The first resistance to watch is the 100-day moving average around 2,200, followed by the 200-day moving average around 2,400 sats.
These elements have repeatedly rejected the price and also coincide with the moving averages, which act as pressure from above. If XRP can recover and hold this area, the next upper target will be the supply area of 2,500 sats.
Major support is also near the 2,000 sats area, which has been tested many times and is clearly one the bulls are looking to defend. If the 2,000-sat level fails to break clean and close, the next demand pocket will be much lower at 1,400 to 1,500 sats. This is the type of move that usually occurs when Bitcoin’s strength exceeds that of altcoins, so XRPBTC is still the key risk gauge for the bulls here.
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