XRP continues to show signs of weakness despite a recent attempt at recovery against both USDT and BTC. The current trading environment remains bearish as the price hovers around key support levels.

XRP Price Analysis: The USDT Pair

Currently, XRP is trading within a descending channel, below the critical 100-day and 200-day moving averages. At approximately $1.43, it remains above the support area of $1.10 to $1.20, while the first significant resistance is observed at $1.80.
If the buyers can surpass this resistance, the next challenge will be between $2.40 and $2.50, but the overall structure appears weak. The recent RSI rise suggests slight momentum improvement rather than a definitive trend change.

The BTC Pair

Compared to Bitcoin, XRP seems to underperform, remaining underneath key moving averages. The current trading level is around 1,968 sats, testing the support zone between 1,950 and 2,000 sats, which has been significant in previous months.
While this support is in place, some for a brief recovery is possible. However, a bounce will need to clear the resistance zone of 2,500 sats to gain momentum decisively. If this support fails, the next target is around the 1,500 sats mark, while overcoming resistance could pave the way to the key resistance level of 2,700 sats.