XRP Price Analysis: Key Levels to Watch as XRP Pulls Back

XRPXRP-3.67% Faces Rejection: An Overview of Recent Movements

XRP recently saw a short-lived price rebound that quickly reversed direction. This swift move pulled the asset back down toward the $1.28 region, right into a crucial support area known as a demand zone.

Sellers stepped in firmly near descending resistance, keeping the short-term market structure under pressure. For momentum to shift, buyers will need to show strong support at current levels to prevent prices from dipping further.

Daily Chart Breakdown: The Bigger Picture

Looking at the daily timeframe, XRP has been moving inside a descending channel ever since reaching its peak in September. Think of a descending channel as a sloped corridor where prices continuously make lower highs and lower lows over time.

During its recent recovery attempt, XRP moved up into the $1.37–$1.40 area. However, it hit the upper border of this descending channel and was rejected. This outcome reinforces the existing sequence of lower highs.

Following this rejection, consecutive daily red candles pushed the asset back into the highlighted $1.25–$1.32 demand zone. While this zone successfully supported a bounce in the past, the current retest shows that buyers are struggling to maintain a strong recovery.

Downside Scenario: Key Support Levels to Watch

If market pressure continues and XRP registers a decisive daily close below $1.25, it would confirm a breakdown from this demand zone. Under such conditions, analysts point out that the price could test the $1.20 support level next.

If the $1.20 level fails to hold, the next primary support area sits further down around $1.09–$1.14. Conversely, if overall market sentiment turns bearish, prices could remain muted in these lower bands.

Upside Scenario: Conditions for a Potential Recovery

For buyers to regain control, holding the current demand zone and climbing back above $1.32 would be the first step toward improvement. However, overcoming single price points alone is not enough.

To break out of the overall bearish pattern, XRP would still need to clear the descending channel resistance and overcome the previous rejection zone between $1.37 and $1.40. Beyond that level, a substantial supply barrier rests higher up around $1.48–$1.53.

4-Hour Chart Insights: Short-Term Market Action

Zooming in on the 4-hour chart gives a clearer look at recent intraday moves. XRP briefly pushed above its earlier high near $1.39 in what appeared to be a liquidity sweep, poking directly into the $1.38–$1.40 supply zone.

Because this area aligned with the overall channel resistance, selling interest surged. The price quickly reversed back under the previous high, signaling a failed breakout and triggering renewed downside momentum.

At present, XRP is testing the upper border of the $1.25–$1.28 demand region. While a brief bounce is always possible from key support areas, the speed of the recent drop keeps a retest of $1.25 as a primary short-term risk factor.

What Short-Term Buyers Need to See

If the $1.25 boundary breaks down on shorter timeframes, XRP could seek fresh lows, potentially extending its decline toward the lower boundary of the overall channel.

To brighten the short-term outlook, buyers must push the price back above $1.30–$1.32 and build a solid higher low. Following that, a breakout above descending trendline resistance would ease selling pressure, though the $1.38–$1.40 zone remains the ultimate hurdle for any sustained upward trend.

Summary of Key Price Levels

• Major Demand Zone: $1.25 – $1.28 (Critical short-term support)
• Broader Support Zone: $1.09 – $1.14 (Lower target if $1.25 breaks)
• Immediate Resistance: $1.30 – $1.32 (First recovery hurdle)
• Key Overhead Supply Zone: $1.38 – $1.40 (Channel trendline resistance)
• Major Resistance Area: $1.48 – $1.53 (Longer-term breakout zone)

Past performance of digital assets is not an indication of future performance. Digital asset trading involves risk due to price volatility. You can check market data at bitkub.com/th/market/XRP.