Ripple Price Analysis: What’s Next for XRP After Another Rejection at Key Resistance?

XRP’s rebound has stalled near $1.40 after a sharp decline from its recent consolidation. Buyers have responded around a major demand zone, but the price remains beneath nearby resistance and within a corrective structure. Ripple Price Analysis: The Daily Chart On the daily timeframe, Ripple’s token has extended its correction following the rejection from the $1.61–$1.70 resistance zone. The latest selloff pushed the price below the $1.48–$1.50 consolidation area, with a long lower wick reaching approximately $1.32 before buyers stepped in. Subsequent candles show stabilization around $1.40, although the recovery has so far lacked strong follow-through. The $1.25–$1.32 demand zone remains particularly important. It overlaps with the 100-day and 200-day moving averages, positioned near $1.265 and $1.281, respectively. The rising 100-day average is approaching the 200-day average from below, suggesting a potential bullish crossover, but confirmation is still pending. Meanwhile, the daily RSI sits around 45, indicating that momentum remains below neutral despite the bounce. Holding the demand zone could preserve the broader recovery and support another attempt toward the $1.48–$1.52 r...