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Altcoins & DeFi

Ripple Price Analysis: XRP Rejected at Key Resistance Again – Is $1.00 Next?

Image: CryptoPotato

XRP had recovered toward $1.34 after briefly dipping near $1.20 last week before it dumped to $1.26 minutes ago, with the latest push lifting the token above the upper boundary of its short-term descending channel on the 4-hour chart. The rebound has kept the $1.25 support intact, but the asset still faces several supply zones above before the broad bullish trend is restored. Ripple Price Analysis: The USDT Pair The daily chart shows XRP still trading within the broader range formed after the sharp August rally from the $1.00 region. The rejection from the $1.70 resistance level in late September started a sequence of lower highs. The decline eventually dragged the price into the $1.25 demand zone, which marks the base of the mid-September rebound.

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