XRP is trading around $1.08 on the USDT pair, stuck in an extended decline within a descending channel. The cryptocurrency sits below both its 100-day and 200-day moving averages, which are sloping downward — a clear sign of bearish momentum.
Descending Channel and Moving Averages
The descending channel has kept XRP under pressure for weeks. The 100-day and 200-day moving averages are both sloping lower, reinforcing the bearish structure. The Relative Strength Index (RSI) is near the neutral 50 level, suggesting buyers and sellers are balanced after the recent selling. But that balance could tip quickly if the price breaks out of the channel.
Consolidation Range and Key Levels
XRP has established a consolidation zone between $1 support and $1.25 resistance. A breakout above $1.25 would be the first sign that buyers are regaining control. On the flip side, losing the $1 support could open the door to further downside. Traders are watching these levels closely — a move beyond either boundary could set the next trend.
XRP/BTC Pair Shows Similar Weakness
The picture looks even more stretched on the XRP/BTC pair. XRP has been in a long-term descending channel for nearly a year, trading below both its 100-day and 200-day moving averages. It recently dropped below key horizontal support around 1,720 sats. The next resistance sits at 1,850 sats, with the 200-day MA near 2,000 sats. The RSI on this pair remains below the midpoint, meaning momentum still favors sellers. The pair appears vulnerable to a test of the channel's lower boundary around 1,500 sats.
For now, XRP is stuck in a tight range. The next move — whether a break above $1.25 or a drop below $1 — will likely determine the direction for the weeks ahead.
