Connect with us

CryptoCurrency

Ripple Price Analysis: XRP Drops Below $2, is a Crash to $1.8 Imminent?

Published

on

xrp_price_chart_1112251

After weeks of sluggish price action, XRP continues to bleed slowly across both its USDT and BTC pairs. There is no sign of bullish momentum or a meaningful shift in structure, and price remains trapped below key moving averages. Attempts at recovery have lacked follow-through, with each bounce getting rejected at lower levels. Until something breaks this trend, XRP remains technically weak.

Technical Analysis

By Shayan

The USDT Pair

On the USDT daily chart, the price is still respecting the descending channel that has defined the downtrend since August. The 100-day and 200-day moving averages are now well above the current price at around $2.60, adding extra pressure from above. The recent rejection just below the $2.40 resistance and the failure to break the upper trendline confirm continued bearish control.

Advertisement

As of now, XRP is trading around $2.01, dangerously close to the $1.80 demand zone. A clean breakdown could open the door toward the next high-timeframe support at $1.50 and even the critical $1.20 zone. The RSI also hovers near 40 and shows no bullish divergence, meaning momentum continues to lean bearish.

xrp_price_chart_1112251
Source: TradingView

The BTC Pair

Against Bitcoin, XRP has also broken down from its ascending channel pattern. The break beneath 2,400 sats was a key technical failure, and the pair now sits around 2,230 sats. Both the 100-day and 200-day MAs have flipped into resistance at around the 2,400 sats mark and capped upside attempts in the past week.

This breakdown is particularly concerning since the BTC pair had been consolidating with higher lows, but now that structure is invalid. If this slide continues, the next support lies around 2,000 sats. Overall, there is no strength in this chart right now. Only a slow bleed with no signs of reversal.

xrp_price_chart_1112252
Source: TradingView

 

The post Ripple Price Analysis: XRP Drops Below $2, is a Crash to $1.8 Imminent? appeared first on CryptoPotato.

Advertisement
Continue Reading
Advertisement
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Copyright © 2025 Wordupnews.com