$XRP is trading around $1.37 as crypto markets navigate a complex macro situation, with the announced US-Iran ceasefire offering a brief reprieve for risk assets but failing to spark any meaningful recovery in altcoins. Despite the geopolitical relief, $XRP remains deep in a downtrend and has yet to show the kind of technical signals that would suggest the worst is behind it.
Ripple Price Analysis: The $USDT Pair
The $XRP/$USDT pair continues to grind inside the descending channel that has defined $XRP’s structure since the July 2025 peak. The current trading range is offering little encouragement for bulls. The 100-day MA (~$1.60) and 200-day MA (~$2.00) are both declining overhead and are converging around a tight supply zone at $1.80 that has capped every recovery attempt since February.
The mentioned $1.80 level remains the first critical threshold, and a sustained close above it would be the earliest sign of a structural shift. To the downside, the $1.20 support zone is the line in the sand. It held during February’s capitulation but might once again be approached as the price drifts lower.
cryptopotato.com

