XRP has seen a strong reaction from its major support zone, but the latest price action suggests the rally is now entering a critical phase. After a sharp breakout from short-term consolidation, buyers pushed the asset into a significant resistance area, where momentum has started to cool. Ripple Price Analysis: The Daily Chart On the daily timeframe, XRP continues to trade within a broader descending channel while remaining below both the 100-day and 200-day moving averages. Despite the larger bearish structure, the recent recovery from the $1.05 to $1.15 demand zone has been encouraging. The most recent development is the rejection from the 100-day moving average near $1.25. After reclaiming the lower support zone, XRP quickly advanced into this dynamic resistance and has since entered a period of consolidation. The $1.05 to $1.15 region remains the most important support area for the bulls, while the next major resistance sits around the descending channel resistance near $1.3K. A successful break above this area would represent the first meaningful challenge to the broader downtrend and could pave the way for a move toward higher resistance levels. For now, XRP is attempting to establish a higher low after its recent impulse higher, which is constructive as long as price remains above the recent support region. XRP/USDT 4-Hour Chart The 4-hour chart provides a clearer view of the recent breakout. XRP rallied aggressively from the highlighted demand zone around $1.13 to $1.16 and surged directly into the major resistance area between $1.26 and $1.3. This zone previously acted as support before the breakdown and is now functioning as resistance. Following the initial breakout, price briefly tapped the lower boundary of the resistance zone before pulling back toward $1.21. The latest candles show consolidation rather than aggressive selling, suggesting that buyers are attempting to hold onto a large portion of the recent gains. As long as XRP remains above the breakout area around $1.13 to $1.16, the short-term structure continues to favor another attempt at the $1.26 to $1.3 resistance zone. A successful breakout above this region would strengthen the recovery and potentially open the path toward the next major resistance near $1.52. However, failure to hold above the recent breakout area could trigger a deeper retracement back toward the lower support zone. Overall, the most recent price action remains constructive, with XRP consolidating after a strong bullish impulse and attempting to build a base for another push into overhead resistance. The post Ripple Price Analysis: Is XRP’s Rally Running Out of Steam After Latest Rejection? appeared first on CryptoPotato .
