Ripple’s XRP has experienced continued weakness within a broader descending structure, failing to sustain momentum after a recent breakout attempt. The price briefly pushed above a key resistance level near $1.60 before sellers drove it lower in what analysts describe as a liquidity sweep. XRP is now consolidating within a defined range, awaiting a decisive breakout to determine its next directional move as it fluctuates between upper supply and lower demand zones.
The cryptocurrency Ripple (XRP) joined a broader market decline, displaying ongoing weakness within a descending structure. Repeated attempts to gain upward momentum have failed to produce sustained moves.
On the daily timeframe, XRP attempted to break above the channel’s middle boundary of $1.60. This brief push resulted in a liquidity sweep before the price was driven lower, confirming fragile bullish momentum and overhead supply.
Following the rejection, the price returned to fluctuate within its established range. The market structure now suggests ongoing consolidation rather than an immediate trend reversal.
On the 4-hour chart, XRP remains structurally bearish within a well-defined descending channel. The asset continues to form lower highs and lower lows after its recent corrective bounce from the $1.10–$1.20 demand zone.
The price is now consolidating around the $1.35–$1.40 area, which previously acted as intraday support. As long as XRP trades below the $1.50 zone, upside attempts are likely to face selling pressure.
A move toward the $1.50–$1.55 supply region would be considered a corrective retest unless accompanied by a structural break. Conversely, losing the current support cluster would expose the channel’s lower boundary.
