Ripple Price Analysis: XRP Still Shows Strength Despite Massive Pullback

Ripple’s token has faced a decisive rejection after failing to reclaim higher resistance zones, pushing it into a corrective ￰0￱ this setback, important technical levels remain intact, and traders are closely watching to see whether demand stabilizes the price or if further downside pressure will take ￰1￱ Analysis By Shayan The Daily Chart On the daily timeframe, XRP has retested its 100-day moving average following the recent ￰2￱ decline from the mid-range resistance drove the asset toward the $2.85 zone, where horizontal support converges with the ￰3￱ overlap makes the current level a critical ￰4￱ buyers can defend this region, bullish sentiment may revive, with potential for a recovery toward higher resistance.

However, a clean break below would expose the $2.0–$2.1 support zone, a deeper demand area that could absorb selling pressure. Overall, XRP appears to be in a retracement stage within a broader upward ￰5￱ 4-Hour Chart The 4-hour structure highlights a descending channel forming after the failure to sustain higher ￰6￱ asset recently bounced from the $2.7 demand area, showing some buy-side defense. Yet, as long as the descending resistance trendline contains momentum, the short-term outlook remains corrective. A retest of the $3.1 zone could prove decisive; a rejection here would likely extend the correction, while a breakout above would signal the start of a bullish ￰7￱ then, the $2.7 green demand zone remains the key decision point for traders to monitor in the short term.