XRP remains under sustained bearish pressure across both its USDT and BTC pairs, with the price structure continuing to print lower highs and lower lows. Despite short-term bounces from support levels, the broader trend favors sellers as the price trades below key moving averages and within a descending structure.
Ripple Price Analysis: The USDT Pair
On the XRP/USDT chart, the price is trading inside a well-defined descending channel, consistently rejecting dynamic resistance from the midline of the channel, the upper trendline, and the 100-day and 200-day moving averages. The recent bounce from the $1.20 demand zone failed to reclaim the $1.80 supply area, reinforcing the bearish structure and confirming that rallies are still corrective in nature.
The RSI also remains below the neutral 50 level and continues to trend weakly, signaling a lack of bullish momentum. As long as XRP stays below the mid-channel resistance and the 100-day and 200-day moving averages, located near $1.90 and $2.30 levels, respectively, the downside risk toward the lower channel boundary remains elevated, with the $1.20 zone acting as critical structural support.
The BTC Pair
Against Bitcoin, XRP is also showing relative weakness, trading below both the 100-day and 200-day moving averages, which are both located above the 2,200 sats area, after failing to hold prior breakout gains. The rejection from the 2,200-2,400 sats resistance zone confirms that sellers are defending higher levels, while the price compresses near a key horizontal support band at 2,000 sats.
Momentum on the XRP/BTC pair is neutral-to-bearish, with the RSI struggling to establish sustained strength above 50. A breakdown below the current support region could open the door for further relative underperformance, while reclaiming the moving average cluster would be the first signal that XRP is beginning to regain strength versus BTC.
The post Ripple Price Prediction: Will XRP Drop Back to $1.20? Key Support Levels Tested Amid Bearish Pressure appeared first on CryptoPotato.
