Ripple's XRP is trading around $1.48 after recovering from recent lows, approaching a technically significant inflection point. The rebound has brought the asset back toward the upper boundary of its recent trading range, where price action could determine near-term momentum.
Daily Chart Analysis
On the daily timeframe, XRP found support near the 200-day moving average around $1.27–$1.28 before buyers responded with an aggressive recovery. The asset is now trading comfortably above major moving averages.
The principal overhead resistance zone remains considerably higher at $1.61–$1.70. Maintaining support above the $1.27–$1.30 region preserves the recovery structure intact. A breakdown below this level could expose further support near $1.18, with deeper structural support identified around $0.93–$0.97.
4-Hour Timeframe
The 4-hour chart highlights an immediate decision point. XRP has rebounded from the $1.22–$1.28 demand zone and approached the upper boundary of a descending channel near $1.43–$1.45. The recovery has reclaimed the $1.33–$1.36 zone, which previously acted as a key short-term barrier.
A sustained move above the descending trendline at roughly $1.45 could invalidate the bearish channel structure and allow XRP to target the $1.51–$1.55 resistance zone, with the larger $1.61–$1.65 supply region as the next major objective.
Conversely, another rejection from the descending trendline would suggest the corrective structure remains active, keeping focus on the $1.33–$1.36 support level first, then the $1.22–$1.28 demand area where the latest recovery originated.
