Ripple Price Analysis: Is the Worst Over for XRP After Holding $1.30?
XRP is approaching a key technical inflection point after weeks of declining price action erased much of its August recovery. Trading around $1.30, the asset is testing an important support zone on both the daily and 4-hour charts. The next move around this area could determine whether buyers manage another rebound or sellers push XRP toward lower support levels.
Ripple Price Analysis: The USDT Pair
The daily chart shows XRP maintaining a broader bearish structure after falling from its early-2026 highs above $2.30. The asset has formed a series of lower highs, while the descending orange trendline continues to reflect the prevailing downward pressure, as the price has once again dropped below it and failed to continue higher. Although XRP staged a sharp recovery from the $1.00 region in August, the subsequent rally toward $1.70 failed to establish a sustained bullish reversal.
The latest decline has brought the token back to the $1.30 support zone. This area is key because it previously consolidated before the June sell-off. Holding above it could help XRP stabilize and attempt another recovery, while a decisive daily close below it would raise the risk of a deeper correction.
If support breaks, the $1.15 zone represents the next major downside area visible on the chart. Below that, the $1.00 region remains an important floor, having preceded the sharp August rally.
On the upside, XRP would first need to reclaim the $1.50 region created by recent highs to show signs of improving short-term structure. Beyond that, the $1.70 resistance zone stands out as the major obstacle, and the main level buyers must break through to start a new long-term rally.
The 4-Hour Chart
The 4-hour chart offers a clearer view of immediate selling pressure. Since reaching approximately $1.65 in late September, XRP has been trading within a descending channel, characterized by lower highs and lower lows. Both channel trendlines remain relevant, with the upper boundary acting as dynamic resistance and the lower boundary marking the area where buyers could attempt to defend the price.
XRP is now testing the $1.30 support zone, which overlaps with the lower boundary of the descending channel. This confluence makes the current area particularly important for the short-term outlook. The latest candles show the price pressing against this support, but the chart does not yet confirm a decisive breakdown or a valid bullish reversal.
If buyers defend the zone, the asset could attempt a relief rally toward the $1.40 region, where the upper channel boundary is located. A breakout above this resistance would weaken the immediate bearish structure and potentially bring the $1.60-$1.70 area back into focus.
However, a confirmed move below $1.30 would suggest that buyers are losing control of the current support area. In that scenario, XRP could face further downside pressure, with the daily $1.15 zone emerging as the next major support region.
The descending channel therefore remains the dominant short-term pattern. While its lower boundary could provide a foundation for a rebound, a bullish shift would require XRP to reclaim nearby resistance and eventually break above the channel’s upper trendline.
The post Ripple Price Analysis: Is the Worst Over for XRP After Holding $1.30? appeared first on CryptoPotato.
