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Ripple Price Analysis: Bearish Structure Remains as XRP Fails to Break Out of Consolidation

  • XRP remains under bearish pressure against both USD and BTC pairs despite consolidation.
  • The charts show no significant bullish structure, with XRP near key support levels.
  • The XRP/USDT pair is within a descending channel, showing weakening momentum after losing moving averages.
  • RSI indicates indecision, with $2 acting as immediate support and $1.6 as critical support.
  • XRP/BTC pair is targeting the lower trendline of a descending channel, weak momentum shown by RSI at 43.
  • Fair value gap in 1,600–1,000 SAT zone could act as a demand area if current support fails.
  • XRP needs a confirmed breakout above 2,200 SAT to regain strength against Bitcoin.
  • The path of least resistance for XRP currently remains to the downside.

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