Ripple Price Analysis: The Daily Chart
On the daily time frame, XRP remains within a well-defined descending channel and respects the bearish structure despite the recent upswing. The sell-off accelerated towards the key demand zone around $1.10-$1.20, where buyers eventually intervened aggressively. This response confirms the importance of the $1.15 area as strong longer-term demand.
However, the recovery is now approaching the channel’s middle trendline, a previous breakdown area around $1.75-$1.85, which previously acted as support and has now turned into resistance. As long as assets remain below this $1.80 area, the broader bias remains corrective within a bearish trend. A daily close above $1.85 would open the way to the next major offer at $2.40-$2.50, while a rejection from this zone could send the price back towards $1.20.
XRP/USDT 4-hour chart
Over the four-hour window, the recovery appears more impulsive, with strong bullish candles regaining the near-term supply area around $1.50-$1.55. Assets have settled in the $1.65-$1.80 region, consistent with small intraday supply and the lower end of the previous consolidation range. There, however, it was rejected and returned to the starting point.
If RP manages to stabilize above $1.55 and build a base between $1.55 and $1.70, a continuation towards $1.80 becomes likely. On the other hand, failure to hold above $1.55 could shift momentum back down, exposing first $1.30 and then the key question of $1.15 again.
SECRET PARTNERSHIP BONUS for CryptoPotato readers: Use this link to register and unlock $1,500 in exclusive BingX Exchange rewards (limited time offer).Disclaimer: The information found on CryptoPotato is that of quoted authors. It does not represent CryptoPotato’s views on buying, selling or holding investments. You are advised to conduct your own research before making any investment decisions. Use the information provided at your own risk. See Disclaimer for more information.
#Ripple #Price #Prediction #Play #XRPs #Rally #Halted


