The post Ripple Price Prediction: Can XRP Defend $1 or Will $0.90 Come Into Play Next? appeared on BitcoinEthereumNews.com.
XRP remains under pressure, with the broader structure still favoring the bears as the asset trades near the $1.00 area. The market has lost momentum after the previous decline, and the latest price action suggests that a sustained recovery has yet to develop. Ripple Price Analysis: The Daily Chart On the daily timeframe, XRP remains inside a clearly defined descending structure. The price is trading well below the major moving averages. This keeps the broader trend bearish despite the consolidation seen over the past several weeks. The $1.02-$1.04 area is now an important resistance zone. XRP previously traded around this region before breaking lower, and the latest candles remain below it. A recovery above this zone would be an initial sign that buyers are attempting to regain control, although the descending trendline would remain a larger obstacle. On the downside, the immediate structure is becoming increasingly important around the $1.00 psychological level. A sustained move below this area could expose the blue demand zone around $0.91-$0.97. This region represents the next major support visible on the chart and could become relevant if the current consolidation resolves to the downside. For now, the lack of a meaningful bullish reversal suggests that the market is still in a corrective phase. A break above the descending trendline and the $1.02-$1.04 resistance zone would be needed to materially improve the daily structure. Otherwise, another test of the lower support area remains possible. XRP/USDT 4-Hour Chart The 4-hour chart provides a more immediate bearish picture. XRP has been forming lower highs beneath a descending trendline, while the recent rebound attempts have repeatedly failed to produce a meaningful structural breakout. The asset is currently hovering around $1.00 and has already moved below the $1.02-$1.03 support area shown on the chart. This former support could now act…
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