Is XRP heading towards $1 as sellers resume control?

Ripple’s XRP remains trapped in a long consolidation phase after months of sustained downward pressure, with recent price action reflecting indecision and lack of strong directional momentum. The asset is now hovering near critical support levels, where the next breakout could determine the medium-term trend.

Ripple price analysis: daily chart

On the daily time frame, XRP continues to trade within a wide bearish channel while remaining below the 100-day and 200-day moving averages, confirming that the larger bearish structure remains in place.

The latest price action shows another rejection near the upper border of the channel around the $1.4 area, reinforcing sellers’ dominance whenever the market tries to recover. Despite several rallies since February, the bulls have failed to generate enough momentum to reclaim the higher resistance areas.

The asset is currently hovering around medium-term support near $1.35, with the broader consolidation structure tightening. If selling pressure intensifies and XRP loses the major support area of ​​$1.3, the next major downside target will emerge around the $1.1 area.

Conversely, reclaiming the 100-day moving average and breaking above the upper border of the descending channel would be the first signal indicating weakening downside momentum. Until then, the path of least resistance remains sideways to the downside.

XRP/USDT four-hour chart

The lower time frame highlights XRP’s prolonged consolidation between the $1.3 support area and the $1.55 resistance area. The asset has repeatedly fluctuated within this range in recent months, failing to establish a decisive trend.

The latest update shows increasing weakness near the upper border, followed by rejection and a gradual decline towards the middle of the range. This indicates that buyers are becoming less aggressive while sellers continue to defend higher levels.

As long as XRP remains within this structure, continued volatile movement between support and resistance is the most likely scenario. A confirmed break below the $1.3 lower limit could lead to an accelerated decline towards lower demand areas near $1.1. On the other hand, a break above the $1.55 resistance level will likely initiate a stronger recovery phase towards the broader resistance range around $1.8.

Currently, the token appears to be compressing within a neutral range, as market participants wait for a catalyst capable of delivering a meaningful breakout.