Ripple’s XRP is still trading inside a sustained downward structure, with each recovery attempt meeting supply. The latest rejection near the $2.45–$2.55 resistance keeps the broader bearish leg valid, while the higher-timeframe demand at $2.05–$2.15 remains the key zone separating a controlled correction from a deeper sell-off.
XRP Price Analysis
By Shayan
The Daily Chart
On the daily timeframe, Ripple’s token continues to trade within a large descending channel formation, a structure that often precedes bullish reversals when supported by volume expansion. After rebounding from the $2.1–$2.2 demand zone, the price has reclaimed ground toward $2.5, aligning with a crucial supply zone (order Block) and close to the 200-day moving average, while the 100-day MA remains slightly overhead near $2.7.
This confluence represents a critical resistance cluster, combining dynamic resistance (MAs), a prior supply block, and the wedge’s structural ceiling. A daily close above $2.6 wo
We współpracy z: https://cryptopotato.com/xrp-risks-another-drop-below-2-if-this-support-fails-ripple-price-analysis/
