Ripple Price Analysis: Has XRP Run Out of Steam After the $1.70 Rejection?

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XRP has bounced from the $1.00 support area by breaking above its long-term descending structures against both USD and BTC. The USDT pair is now testing a critical resistance zone at $1.50, and a breakout above could open the door toward $1.80-$1.90. The RSI remains above 70 in overbought territory, signaling strong momentum but also a risk of short-term correction. Against BTC, the attempt to break out of its descending channel has failed, and XRP/BTC is retracing toward its 200-day moving average, whose reaction will be decisive for the next move.

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Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

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