XRP is currently experiencing a corrective stage alongside the overall cryptocurrency market, as recent fluctuations have not impacted its prevailing medium-term downtrend. The trading behavior within both USD and BTC markets remains beneath critical moving averages, suggesting that the early January momentum has yet to evolve into a lasting trend reversal, instead remaining encapsulated in a broader distribution.

Ripple Price Assessment: XRP/USDT Pair

For the XRP/USDT pair, the recent strong rejection from the $2.40 resistance zone, coupled with declining 100-day and 200-day moving averages, has seen prices retreat to the $1.80 support level, which historically has functioned as a reliable horizontal support.

The Daily RSI has decreased from previously overbought conditions and is now below 50, indicating that market momentum has shifted back to a negative orientation. Unless prices break free from the confluence of the 100-day MA and the $2 supply region, the overall structure reflects a sequence of lower peaks amid a downtrend, with heightened risks of revisiting levels around $1.50 or, worse, if current support fails.

XRP USDT Chart

The BTC Pair

Examining the XRP/BTC pair reveals that structural weaknesses versus Bitcoin continue. This pair has once again faced rejection at the 2,400 sats resistance level, where the critical 200-day moving average exists, acting as a significant overhead resistance.

The ensuing sell-off has led to prices retracting below the 100-day moving average, usually around 2,200 sats, falling towards the bottom half of the multi-month trading range near 2,000 sats, with a notable downward wick indicating initial buying interest, though a confirmed reversal remains to be seen.

XRP BTC Chart

Disclaimer: This analysis reflects the observations of the authors referenced and does not constitute financial advice for buying, selling, or holding any cybersecurity assets.