XRP remains under pressure across the higher timeframes, with buyers struggling to reclaim key resistance levels despite several rebound attempts. The broader structure continues to favor sellers, although the price is still holding above an important demand area that could determine the next directional move.

XRP Price Analysis: The Daily Chart

On the daily timeframe, XRP continues to trade inside a well-defined descending channel, reflecting the broader bearish trend that has dominated the market for several months. The 100-day and 200-day moving averages remain above the price and continue sloping lower, reinforcing the negative higher-timeframe bias.

The recent recovery attempt stalled precisely beneath the $1.24-$1.28 supply zone, where the descending channel’s upper boundary converges with the moving averages. This confluence strengthens the resistance area and explains why sellers quickly regained control after the latest rally.

Meanwhile, the asset continues to defend the $1.02-$1.06 demand zone. This support has repeatedly attracted buyers over recent weeks and remains the most important level to monitor. A sustained break below this area would expose the broader demand region around $0.88-$0.92, while holding above it keeps the possibility of another recovery toward the channel resistance alive.

XRP/USDT 4-Hour Chart

On the 4-hour chart, XRP remains confined beneath a descending trendline that has capped every recovery since the mid-June peak. Although buyers have managed to produce several short-lived rebounds, none have been strong enough to invalidate the sequence of lower highs.

The $1.16-$1.18 zone represents the first meaningful resistance and aligns with the descending trendline, creating a key decision area for short-term price action. A decisive breakout above this confluence would improve the short-term structure and could pave the way for another test of the higher supply zone around $1.24-$1.29.

On the downside, the $1.02-$1.06 demand region continues to provide solid support. As long as this area remains intact, Ripple could continue consolidating within the current range. However, losing this support would likely accelerate bearish momentum and shift focus toward the higher-timeframe demand around $0.88-$0.92.

Source: CryptoPotato