Ripple’s native token has been under pressure over the past two weeks, giving up almost all of its strong Q3 0 Bitcoin’s dominance has surged, altcoins like XRP are struggling to hold critical support levels. However, the charts still show some structure holding for 1 Analysis By Shayan The USDT Pair On the USDT chart, XRP has pulled back from the upper boundary of its broad ascending channel and is now testing the lower 2 asset is currently positioned just below the 100-day and 200-day moving averages, with the latter serving as immediate resistance at around $2.60. A break below the lower boundary of the channel could expose the $2 demand 3 the RSI also hovering around 40, the momentum is bearish but not oversold, suggesting more room for downside if support 4 BTC Pair Looking at the BTC pair, the situation appears 5 has broken below the long-standing support around 2,500 SAT and is struggling to reclaim the 200-day 6 a sharp drop to the 2,000 area, the price has found temporary stability but still trades below key resistance 7 RSI also remains stuck near 39, showing that relative strength is lacking compared to Bitcoin.
Therefore, the buyers need to reclaim the 2,500 zone soon to regain momentum. Otherwise, XRP is likely to continue its decline against BTC.
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