Ripple continues to trade within a broader corrective structure, with price showing limited bullish momentum and remaining below key resistance levels. While shortRipple continues to trade within a broader corrective structure, with price showing limited bullish momentum and remaining below key resistance levels. While short

XRP Must Hold This Area Otherwise a Crash Below $1.6 Becomes Likely: Ripple Price Analysis

Ripple continues to trade within a broader corrective structure, with price showing limited bullish momentum and remaining below key resistance levels.

While short-term reactions have appeared near support, the overall structure suggests the altcoin is still in a consolidation-to-distribution phase rather than a confirmed trend reversal.

XRP Price Analysis: Technicals

By Shayan

The Daily Chart

On the daily timeframe, XRP remains firmly below the descending trendline that has capped price action since the major breakdown from higher levels. This trendline continues to act as a dominant dynamic resistance, and each approach toward it has resulted in renewed selling pressure.

The price is also trading below both the 100-day and 200-day moving averages, reinforcing the bearish-to-neutral bias. The primary overhead supply zone is located around the $2.4 to $2.5  region, where previous breakdowns and failed reclaim attempts occurred. As long as XRP remains below this area, upside moves are likely to remain corrective.

On the downside, XRP is currently trading just above a major demand zone around the $1.7 to $1.8 range. This zone has historically attracted buyers and represents the most important structural support on the daily chart. A sustained daily close below this region would significantly weaken the market structure and expose deeper downside risk.

xrp_price_chart_191220251Source: TradingView

The 4-Hour Chart

On the 4-hour timeframe, XRP has broken below a local descending wedge, reflecting persistent lower highs and lower lows. The recent bounce from the lower boundary of the broader channel appears reactive rather than impulsive, indicating a lack of strong buyer commitment.

Short-term resistance sits around the $2 to $2.1 area, where price previously consolidated before breaking lower. This zone has now flipped into supply and aligns with the upper boundary of the descending channel. Until Ripple reclaims this level with strong momentum, upside attempts are likely to face rejection.

If price fails to hold above the current support and loses acceptance below the $1.8 region, the probability of a deeper liquidity sweep increases. Such a move would likely target the lower end of the broader demand zone and potentially extend the corrective phase before any meaningful recovery can develop.

Overall, Ripple remains structurally weak across both timeframes, with trend resistance overhead and critical support directly below the current price. A clear shift in structure and a reclaim of key resistance levels are required before a sustained bullish scenario becomes viable.

xrp_price_chart_191220252Source: TradingView

The post XRP Must Hold This Area Otherwise a Crash Below $1.6 Becomes Likely: Ripple Price Analysis appeared first on CryptoPotato.

Market Opportunity
XRP Logo
XRP Price(XRP)
$1.9079
$1.9079$1.9079
+1.73%
USD
XRP (XRP) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Whales keep selling XRP despite ETF success — Data signals deeper weakness

Whales keep selling XRP despite ETF success — Data signals deeper weakness

The post Whales keep selling XRP despite ETF success — Data signals deeper weakness appeared on BitcoinEthereumNews.com. XRP ETFs have crossed $1 billion in assets
Share
BitcoinEthereumNews2025/12/20 02:55
Top Solana Treasury Firm Forward Industries Unveils $4 Billion Capital Raise To Buy More SOL ⋆ ZyCrypto

Top Solana Treasury Firm Forward Industries Unveils $4 Billion Capital Raise To Buy More SOL ⋆ ZyCrypto

The post Top Solana Treasury Firm Forward Industries Unveils $4 Billion Capital Raise To Buy More SOL ⋆ ZyCrypto appeared on BitcoinEthereumNews.com. Advertisement &nbsp &nbsp Forward Industries, the largest publicly traded Solana treasury company, has filed a $4 billion at-the-market (ATM) equity offering program with the U.S. SEC  to raise more capital for additional SOL accumulation. Forward Strategies Doubles Down On Solana Strategy In a Wednesday press release, Forward Industries revealed that the 4 billion ATM equity offering program will allow the company to issue and sell common stock via Cantor Fitzgerald under a sales agreement dated Sept. 16, 2025. Forward said proceeds will go toward “general corporate purposes,” including the pursuit of its Solana balance sheet and purchases of income-generating assets. The sales of the shares are covered by an automatic shelf registration statement filed with the US Securities and Exchange Commission that is already effective – meaning the shares will be tradable once they’re sold. An automatic shelf registration allows certain publicly listed companies to raise capital with flexibility swiftly.  Kyle Samani, Forward’s chairman, astutely described the ATM offering as “a flexible and efficient mechanism” to raise and deploy capital for the company’s Solana strategy and bolster its balance sheet.  Advertisement &nbsp Though the maximum amount is listed as $4 billion, the firm indicated that sales may or may not occur depending on existing market conditions. “The ATM Program enhances our ability to continue scaling that position, strengthen our balance sheet, and pursue growth initiatives in alignment with our long-term vision,” Samani said. Forward Industries kicked off its Solana treasury strategy on Sept. 8. The Wednesday S-3 form follows Forward’s $1.65 billion private investment in public equity that closed last week, led by crypto heavyweights like Galaxy Digital, Jump Crypto, and Multicoin Capital. The company started deploying that capital this week, announcing it snatched up 6.8 million SOL for approximately $1.58 billion at an average price of $232…
Share
BitcoinEthereumNews2025/09/18 03:42
Cryptos Signal Divergence Ahead of Fed Rate Decision

Cryptos Signal Divergence Ahead of Fed Rate Decision

The post Cryptos Signal Divergence Ahead of Fed Rate Decision appeared on BitcoinEthereumNews.com. Crypto assets send conflicting signals ahead of the Federal Reserve’s September rate decision. On-chain data reveals a clear decrease in Bitcoin and Ethereum flowing into centralized exchanges, but a sharp increase in altcoin inflows. The findings come from a Tuesday report by CryptoQuant, an on-chain data platform. The firm’s data shows a stark divergence in coin volume, which has been observed in movements onto centralized exchanges over the past few weeks. Bitcoin and Ethereum Inflows Drop to Multi-Month Lows Sponsored Sponsored Bitcoin has seen a dramatic drop in exchange inflows, with the 7-day moving average plummeting to 25,000 BTC, its lowest level in over a year. The average deposit per transaction has fallen to 0.57 BTC as of September. This suggests that smaller retail investors, rather than large-scale whales, are responsible for the recent cash-outs. Ethereum is showing a similar trend, with its daily exchange inflows decreasing to a two-month low. CryptoQuant reported that the 7-day moving average for ETH deposits on exchanges is around 783,000 ETH, the lowest in two months. Other Altcoins See Renewed Selling Pressure In contrast, other altcoin deposit activity on exchanges has surged. The number of altcoin deposit transactions on centralized exchanges was quite steady in May and June of this year, maintaining a 7-day moving average of about 20,000 to 30,000. Recently, however, that figure has jumped to 55,000 transactions. Altcoins: Exchange Inflow Transaction Count. Source: CryptoQuant CryptoQuant projects that altcoins, given their increased inflow activity, could face relatively higher selling pressure compared to BTC and ETH. Meanwhile, the balance of stablecoins on exchanges—a key indicator of potential buying pressure—has increased significantly. The report notes that the exchange USDT balance, around $273 million in April, grew to $379 million by August 31, marking a new yearly high. CryptoQuant interprets this surge as a reflection of…
Share
BitcoinEthereumNews2025/09/18 01:01