Ripple (XRP) has suffered another technical rejection at its descending channel resistance, reversing a recovery attempt toward $1.40 and falling back toward $1.28. The sharp reversal keeps the token's broader structure under pressure as sellers defend key resistance zones.
- Key Demand Zone: XRP is currently testing the $1.25–$1.32 demand area after failing at $1.37–$1.40.
- Downside Risk: A daily close beneath $1.25 opens the path toward $1.20 and $1.09–$1.14.
- Resistance Ahead: Recovery requires clearing $1.30–$1.32, with major supply situated between $1.48–$1.53.
Daily Channel Keeps Sellers in Control
On the daily timeframe, XRP remains confined within a descending channel traced back to its September peak. The token's recent bounce toward $1.37–$1.40 hit the channel's upper trendline, prompting consecutive bearish candles that pulled prices back into the $1.25–$1.32 demand range. While this zone previously catalyzed a bounce, repeated testing signals weakening demand.
A decisive daily close below $1.25 would confirm the loss of this support cluster, exposing lower targets at $1.20 and the broader $1.09–$1.14 zone. Conversely, holding support and reclaiming $1.32 would offer initial relief, though bulls must still overcome descending trendline resistance and the $1.37–$1.40 rejection block. Beyond that, the $1.48–$1.53 supply zone presents a heavy obstacle. This technical setback aligns with market-wide pressure, as seen when XRP breached key support levels during recent market pullbacks.
4-Hour Liquidity Sweep Signals Failed Breakout
The 4-hour chart reveals a liquidity sweep above the previous local high near $1.39. XRP briefly extended into the $1.38–$1.40 supply zone where descending channel resistance converged, but rapidly fell back beneath the prior high, confirming a failed breakout.
The price is now testing the top of the $1.25–$1.28 demand block. Although a short-term bounce remains possible, the momentum of the sell-off leaves $1.25 as the primary downside risk. For the short-term outlook to improve, buyers need to secure $1.30–$1.32 and form a higher low. Further weakness across top altcoins reflects this trend, with reports indicating ETH, XRP, and ADA risk further losses at crucial support levels.
Why It Matters
XRP's inability to break above its descending channel confirms that sellers remain firmly in control of the trend. The swift rejection following the liquidity sweep near $1.39 highlights a lack of buyer conviction at higher valuations. Should the $1.25 support level fail, the token faces risk of a deeper drawdown toward $1.09, potentially resetting structural support before any sustained market reversal can materialize.
