XRP continues to trade inside a well-defined descending channel on daily timeframes, reflecting a broader bearish trend that has dominated for several months. Buyers have struggled to reclaim key resistance levels, with the 100-day and 200-day moving averages sloping lower above the price. The asset defends the $1.02–$1.06 demand zone, while the $1.24–$1.28 supply zone stalled a recent recovery attempt. On the 4-hour chart, a descending trendline caps rebounds, and a decisive breakout above $1.16–$1.18 could improve short-term structure. A break below the $1.02–$1.06 zone would expose demand near $0.88–$0.92.
XRP remains under pressure across higher timeframes, with buyers unable to reclaim key resistance levels despite several rebound attempts. The broader structure continues to favor sellers, though the price holds above an important demand area that could determine the next directional move.
On the daily chart, XRP trades inside a descending channel, reflecting the bearish trend that has dominated for months. The 100-day and 200-day moving averages remain above the price and continue sloping lower, reinforcing the negative higher-timeframe bias.
A recent recovery attempt stalled precisely beneath the $1.24–$1.28 supply zone, where the channel’s upper boundary converges with the moving averages. This confluence strengthened resistance and explains why sellers quickly regained control after the latest rally.
The asset continues to defend the $1.02–$1.06 demand zone, which has repeatedly attracted buyers in recent weeks. A sustained break below this area would expose the broader demand region around $0.88–$0.92, while holding above it keeps the possibility of another recovery toward channel resistance alive.
On the 4-hour chart, XRP remains confined beneath a descending trendline that has capped every recovery since the mid-June peak. Buyers have produced several short-lived rebounds, but none have been strong enough to invalidate the sequence of lower highs.
The $1.16–$1.18 zone represents the first meaningful resistance and aligns with the descending trendline, creating a key decision area for short-term price action. A decisive breakout above this confluence would improve the short-term structure and could pave the way for another test of the higher supply zone around $1.24–$1.29.
On the downside, the $1.02–$1.06 demand region continues to provide solid support. Losing this support would likely accelerate bearish momentum and shift focus toward the higher-timeframe demand around $0.88–$0.92.
