Ripple’s token has faced a decisive rejection after failing to reclaim higher resistance zones, pushing it into a corrective phase. Despite this setback, important technical levels remain intact, and traders are closely watching to see whether demand stabilizes the price or if further downside pressure will take over.
Ripple Analysis
By Shayan
The Daily Chart
On the daily timeframe, XRP has retested its 100-day moving average following the recent sell-off. The decline from the mid-range resistance drove the asset toward the $2.85 zone, where horizontal support converges with the MA. This overlap makes the current level a critical battleground.
If buyers can defend this region, bullish sentiment may revive, with potential for a recovery toward higher resistance. However, a clean break below would expose the $2.0–$2.1 support zone, a deeper demand area that could absorb selling pressure. Overall, XRP appears to be in a retracement stage within a broader upward channel.
The 4-Hour Ch
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