Ripple Price Analysis: What’s Next for XRP After an 8% Daily Surge?

XRP is consolidating after a sharp recovery from the sub-$1 area, with the price now attempting to stabilize around $1.35. The daily chart shows a major structural improvement following the recent rally, while the 4-hour timeframe suggests that the asset is still trading inside a descending channel that is guiding a corrective price action. Ripple Price Analysis: The USDT Pair On the daily timeframe, XRP staged a strong impulsive move from the $1.00 support area to roughly $1.70 before entering a prolonged consolidation. The rally also pushed the RSI sharply into overbought territory, but the subsequent cooling-off phase has brought the indicator back toward the neutral 50 area. The price is currently around $1.35, sitting just above the 200-day moving average at approximately $1.30. This is an important near-term area because holding above this zone would keep the recent structural recovery intact. The yellow 100-day moving average is also located lower, around $1.18, providing a deeper dynamic support area if the correction extends. On the upside, the most visible resistance is the $1.60-$1.70 zone, marked by the recent swing high. A successful move through this region would put ...