XRP continues to face downward pressure despite broader market recovery attempts. Recent price actions indicate a lack of buying momentum, with the token struggling to break through significant resistance levels in both USDT and BTC trading pairs. The altcoin market exhibited slight rotation, yet Ripple’s status as a cross-border asset has yet to benefit.

Technical Analysis

The USDT Pair

According to the daily chart for USDT, XRP remains within a descending channel that has been forming since August. Efforts to surpass the 100-day and 200-day moving averages have met resistance, leading to a downward trend close to the $2.60 level. Currently, the price is hovering around $2.15, remaining below the channel’s high trendline, with the next demand zone present at approximately $1.85. Without buyer activity pushing back into the $2.40–$2.60 zone, XRP remains at risk for the coming weeks.

XRP USDT Chart

The BTC Pair

In relation to Bitcoin, XRP has retreated below the 100-day and 200-day moving averages (tracked around the 2,400 sats mark) following a brief breakout attempt. The token is now testing a previous short-term low near 2,300 sats, and maintaining this level is crucial for avoiding deeper weaknesses. A failed advance into the supply zone of 2,600–2,800 sats reflects declining demand during rallies. The RSI shows a downward trend below 50, indicating a lack of momentum. If Bitcoin dominance continues to escalate, XRP/BTC might encounter tests around the 2,000 sats level.

XRP BTC Chart

Disclaimer: The insights in this article reflect the opinions of the authors quoted and do not represent CryptoPotato’s stance on whether to buy, sell, or hold any investments. Always conduct your own research.