Ripple Price Analysis: XRP Drops Below $2, Is a Drop to $1.8 Imminent?

After weeks of sluggish price action, XRP continues to slowly bleed across both its USDT and BTC pairs. There is no sign of bullish momentum or a meaningful shift in the structure, and the price remains stuck below the major moving averages. Attempts at recovery have been unsuccessful, with any revival at lower levels rejected. Until something breaks this trend, XRP will remain technically weak.

Technical analysis

By Shayan

The USDT pair

On the daily USDT chart, the price is still following the descending channel that has defined the downtrend since August. The 100 and 200 day moving averages are now well above the current price, around $2.60, adding pressure from above. The recent rejection just below the $2.40 resistance and the inability to break the upper trendline confirm continued bearish control.

As of now, XRP is trading around $2.01, dangerously close to the $1.80 demand zone. A clean breakdown could open the door to the next support at high time frame $1.50 and even the critical zone at $1.20. The RSI is also hovering around 40 and showing no bullish divergence, meaning momentum remains bearish.

The BTC pair

Relative to Bitcoin, XRP has also exited its ascending channel pattern. The break below 2,400 sats was a major technical failure, and the pair now sits around 2,230 sats. Both the 100-day and 200-day MAs have resisted around 2,400 sats over the past week, capping upside attempts.

This breakdown is especially concerning because the BTC pair consolidated with higher lows, but now that structure is invalid. If this decline continues, the next support will be around 2,000 sats. Overall, there is no strength in this chart at this time. Only slow bleeding with no signs of reversal.