Ripple Price Analysis: XRP Faces Another Rejection as Short-Term Outlook Weakens

XRP’s latest rebound has sharply reversed, pushing the price back toward $1.28 and a key demand zone. The rejection from descending resistance keeps the bearish structure intact, with buyers needing a stronger response to prevent another leg lower. Ripple Price Analysis: The Daily Chart On the daily timeframe, XRP remains within a descending channel following its September peak. The recent recovery toward $1.37–$1.40 encountered the channel’s upper boundary before reversing, reinforcing the sequence of lower highs. Consecutive bearish candles have since pushed the price back into the highlighted $1.25–$1.32 demand zone.

Source: CryptoPotato