cryptopotato.com
Ripple’s $XRP is trying to gain traction amid a volatile macro backdrop, where Bitcoin dominance and ETF optimism are stealing the spotlight. Despite broader altcoin hesitation, $XRP has seen a short-term bounce, but remains trapped below major resistances. The recent spike followed Bitcoin’s ETF rally, yet $XRP is still under pressure on both the $USDT and $BTC pairs, reflecting weak relative strength.
Ripple/$USDT Pair: Technical Analysis
The $XRP/$USDT daily chart shows a clean breakout from the descending channel that had been pressuring the price since October. This breakout triggered a strong bullish move, pushing the asset into the $2.40 resistance zone. However, it was quickly rejected from the 100-day moving average, now located around the $2.30 mark, and is currently pulling back.
The current support lies around the $2.00 zone, a previous range high turned support. This area must hold to keep the bullish structure intact. If lost, the price could revisit the $1.80 demand zone. On the upside, reclaiming the $2.40 zone with volume would open the door for a push toward the critical $3.00 area.
The $BTC Pair
The $XRP/$BTC chart paints a less bullish picture. After a brief breakout above the key 2,400 sat zone, the price faced strong resistance from the 200-day moving average and quickly reversed. $XRP is now trading just below the 100 and 200-day moving averages, both flattening, signaling uncertainty.
The failure to hold above both moving averages and horizontal resistance suggests bearish pressure is returning. If $XRP fails to defend the 2,200 sat zone, it may revisit the key demand area at the 2,000 sat mark.
On the flip side, a reclaim of the 2,400 sat supply zone on strong volume could reignite a mid-term rally, but that would require broader altcoin strength, which is not evident yet.
