XRP’s rebound has stalled around $1.40 after a sharp decline from its recent consolidation phase. Buyers stepped in at a major demand zone between $1.25 and $1.32, which aligns with the 100-day and 200-day moving averages, but the price remains below nearby resistance within a corrective structure. On the 4-hour chart, XRP is trading within a descending channel with successive lower highs and lows. A sustained break above the $1.43-$1.45 resistance zone would be needed to target the $1.61-$1.70 supply area.
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