**XRP Price Analysis: Bearish Momentum Persists Amid Key Resistance Zones**
Ripple’s XRP continues to trade within a sustained downward structure, with each recovery attempt encountering significant supply. The latest rejection near the $2.45–$2.55 resistance zone reinforces the broader bearish trend. Meanwhile, the higher-timeframe demand area at $2.05–$2.15 remains a crucial level, acting as the dividing line between a controlled correction and a potential deeper sell-off.
—
### Daily Chart Overview
On the daily timeframe, XRP is moving inside a large descending channel pattern, a structure that often precedes bullish reversals when accompanied by volume expansion. After bouncing off the $2.10–$2.20 demand zone, the price rebounded toward $2.50, aligning with a key supply zone (order block) and sitting close to the 200-day moving average. The 100-day moving average is positioned slightly above near $2.70.
This confluence of resistance—comprising dynamic moving averages, a prior supply block, and the channel’s structural ceiling—forms a critical cluster. A daily close above $2.60 would signal a potential breakout, shifting market dynamics in favor of buyers and opening the path toward the $2.80–$3.10 macro supply range.
However, failure to breach this level could result in another rejection, keeping XRP confined within its mid-term descending pattern and potentially triggering a retest of the $2.20–$2.30 support zone.
The Relative Strength Index (RSI) has broken above its midline, indicating recovering momentum. Still, sustained strength will depend on confirmation from both price action and volume expansion through resistance.
—
### 4-Hour Chart Insights
On the 4-hour chart, XRP is trading within a clearly defined descending channel, characterized by lower highs and lower lows that shape the short-term market structure. The recent rally into the $2.45–$2.55 rejection zone perfectly aligned with the channel’s midline, confirming this level as an active seller’s area.
Following the rejection, the price slid back toward the $2.20–$2.25 region, where it found soft support, although momentum remains weak. The dotted internal trendline, drawn from an earlier breakdown, continues to act as intraday resistance, hindering bullish attempts to push higher.
The broader price behavior here suggests compression. Although drifting lower within the channel, volatility is contracting—signaling that sellers may be losing strength, while buyers selectively accumulate near the bottom boundary.
This kind of price action often precedes a significant expansion move. The eventual direction will depend on whether XRP manages to break above the descending trendline (bullish scenario) or falls below the $2.15 support level (bearish scenario).
A sweep to the lower boundary around $2.05 followed by a sharp reversal would fit the textbook pattern of a final liquidity grab before a corrective bounce. Conversely, dropping below this key support could accelerate the downtrend toward the deeper $1.75 liquidity zone.
—
**Summary:** XRP remains inside a bearish framework but is approaching critical junctures that could determine its next major move. Traders should watch for a decisive break above $2.60 on the daily chart for bullish confirmation or a breakdown below $2.15 on the 4-hour chart that may signal further downside pressure.
https://bitcoinethereumnews.com/tech/xrp-risks-another-drop-below-2-if-this-support-fails-ripple-price-analysis/