Analyzing Ripple's Price: What's Next After a 22% Decline in a Week?
This article delves into the recent fluctuations in Ripple's XRP price, analyzing key support levels and market conditions.
Ripple’s cryptocurrency has continued its downward trend following a significant liquidation event impacting the entire market. As the asset seeks stability within a critical price range, the upcoming movements will depend on buyers’ strength and whether they can maintain support.
Ripple’s Insights
Daily Chart Analysis
In the daily view, XRP has moved below both the 100-day and 200-day moving averages, indicating a loss in bullish momentum. The recent drop from the $3.1K–$3.2K resistance accelerated once the price fell through an ascending trendline that previously supported the rally since early 2025.
Currently, XRP trades around the $2.3 area, coinciding with the 200-day MA and the lower boundary of a wedge pattern. This zone is vital and may act as a final line of defense before a potential revisit to the institutional demand zone between $2 and $1.3, where significant long-term accumulations were made earlier this year.
The broader ascending channel remains in place, but for the bearish trend to be invalidated, XRP needs to reclaim the $2.6–$2.7 range. Failing to do this will likely accelerate the decline towards the deeper institutional zone mentioned earlier.
XRP Daily Chart
4-Hour Chart Analysis
The 4-hour perspective confirms a breakdown of short-term market dynamics following a rejection at $2.8. XRP has failed to reclaim the broken diagonal support now seen as resistance.
Currently, the price is stabilizing around the $2.2–$2.3 support area, but weak momentum is present. Should this support hold, XRP might bounce back towards $2.55–$2.6, aligning with previous support levels and moving averages.
Conversely, a close below $2.2 could trigger a rapid decline toward the $1.8–$1.3 institutional demand zone, which is expected to see stronger reactions from long-term investors.
XRP 4-Hour Chart
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