Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesStocksEarnInstitutionAI & More
Ripple Price Analysis: The Critical Level XRP Must Defend to Avoid Another Breakdown

Ripple Price Analysis: The Critical Level XRP Must Defend to Avoid Another Breakdown

CryptoNewsNetCryptoNewsNet2026/07/08 18:51
By:CryptoNewsNet
Back to the list

Ripple Price Analysis: The Critical Level XRP Must Defend to Avoid Another Breakdown

Ripple Price Analysis: The Critical Level XRP Must Defend to Avoid Another Breakdown image 0  27 m
Ripple Price Analysis: The Critical Level XRP Must Defend to Avoid Another Breakdown image 1

$XRP remains under pressure across both the $USDT and $BTC pairs, with sellers continuing to control the broader trend despite several short-lived recovery attempts. While the $USDT chart shows buyers defending an important support area, the $XRP/$BTC pair continues to trade near multi-month lows, highlighting the token’s persistent relative weakness against the market leader.

Ripple Price Analysis: The $USDT Pair

On the daily timeframe, $XRP continues to trade inside a well-defined descending channel, keeping the broader market structure firmly bearish. It remains below the 100-day and 200-day moving averages, both of which are sloping lower and acting as dynamic resistance above $1.25. This alignment suggests that momentum still favors sellers unless a meaningful trend reversal develops.

After losing the $1.25 level in early June, $XRP found demand around the critical $1 region, where buyers have repeatedly stepped in to prevent further downside. This zone has now become the most important support to monitor. As long as it holds, the market could continue forming a short-term base.

On the upside, the first major resistance sits around $1.25. As mentioned earlier, this area also coincides with the descending 100-day moving average and the higher boundary of the channel, making it a significant hurdle for any sustained recovery. A successful breakout above this region would expose the 200-day moving average around $1.45, while losing the $1 support could accelerate another leg lower toward the channel’s lower trendline around $0.80.

Meanwhile, the RSI has been making higher lows despite the price making lower lows near $1, creating a developing bullish divergence. Although this does not confirm a reversal on its own, it suggests that bearish momentum might be exhausted and that buyers could attempt another recovery if resistance levels begin to weaken.

Ripple Price Analysis: The Critical Level XRP Must Defend to Avoid Another Breakdown image 2

The $BTC Pair

Against Bitcoin, $XRP continues to paint a weaker technical picture. Again, the pair remains below both major moving averages, which continue to trend lower and reinforce the long-term bearish structure.

After several weeks of sideways trading, XRPBTC is once again testing the key horizontal support around 1,700 sats. This level has acted as the floor for the recent consolidation, and another breakdown attempt is now underway. A confirmed daily close below 1,700 sats would likely invalidate the current range and increase the probability of an extension toward the next major demand zone around 1,450 to 1,500 sats.

To regain bullish momentum, buyers first need to reclaim the 1,850 sats resistance area, which also aligns closely with the declining 100-day moving average. Until then, every rally continues to appear corrective within the broader downtrend, which could lead to more depreciation for $XRP against Bitcoin.

Ripple Price Analysis: The Critical Level XRP Must Defend to Avoid Another Breakdown image 3

0
0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!

You may also like

Trump Rejects Iran's Proposal for Talks; Global Stocks and Bonds Under Pressure, Oil Prices Up Over 2%, Gold Falls Below 4200

Trump rejected Iran's latest proposal to reopen the Strait of Hormuz, causing the optimistic sentiment in the market last Friday to quickly reverse amidst the Middle East diplomatic stalemate. Brent crude oil rose over 2%, gold fell below $4,200, and silver dropped more than 4%. Asia-Pacific stock markets broadly declined, with South Korea's KOSPI falling over 2%. Global bond markets came under pressure, and the yield on the US 2-year Treasury rose to 4.90%. Market focus will shift to this week's PCE inflation data and the non-farm payroll report.

华尔街见闻•2026/09/28 06:16