XRP is still in a correction phase across both USD and BTC pairs, with recent strength fading back into established resistance and trend filters. Price action is now testing whether the early January rally was just a rally in short covering within a broader downtrend, or just the beginning of a more durable base.
Ripple Price Analysis: USDT Pair
On the daily chart, XRP/USDT is trading just above a major horizontal demand zone around $1.80-$1.90 after a $2.40 supply band and falling 100-day and 200-day moving averages. The moving averages continue to trend downward, confirming a medium-term bearish bias, while the daily RSI has cooled to neutral from overbought levels, consistent with a weakening rebound.
As long as the $1.80-$1.90 floor holds, this structure could still develop into the base range of $2.20-$2.40, the first upside threshold that needs to be regained to claim a trend reversal. A definitive daily close below $1.80 would instead open the door to the October capitulation low near $1.60 and, if pressure persists, to the lower demand zone in the higher time frame near $1.20-$1.30.
BTC pair
Against Bitcoin, the XRP/BTC pair is hovering around the 2,100 to 2,200 sats mark after a resistance band at 2,400 sats and a sharp rejection from the cluster of 100 and 200 day moving averages. The pair is still stuck in a structural downtrend, selling off repeatedly on every rise to the 2,400-2,500 sats area, with momentum unable to establish any higher highs.
The lower support zone is around 1,900-2,000 sats, and while the recent downside shows some demand, the relative performance will continue to favor BTC until the daily close returns to at least the 2,400-2,500 sats area and key moving averages. A breakdown below 1,800 satellites again confirms a decline in performance and could extend the decline towards the previous key demand area approaching 1,500 satellites.
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