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)
$1.9326
$1.9326$1.9326
+3.05%
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 [email protected] 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

Wormhole launches reserve tying protocol revenue to token

Wormhole launches reserve tying protocol revenue to token

The post Wormhole launches reserve tying protocol revenue to token appeared on BitcoinEthereumNews.com. Wormhole is changing how its W token works by creating a new reserve designed to hold value for the long term. Announced on Wednesday, the Wormhole Reserve will collect onchain and offchain revenues and other value generated across the protocol and its applications (including Portal) and accumulate them into W, locking the tokens within the reserve. The reserve is part of a broader update called W 2.0. Other changes include a 4% targeted base yield for tokenholders who stake and take part in governance. While staking rewards will vary, Wormhole said active users of ecosystem apps can earn boosted yields through features like Portal Earn. The team stressed that no new tokens are being minted; rewards come from existing supply and protocol revenues, keeping the cap fixed at 10 billion. Wormhole is also overhauling its token release schedule. Instead of releasing large amounts of W at once under the old “cliff” model, the network will shift to steady, bi-weekly unlocks starting October 3, 2025. The aim is to avoid sharp periods of selling pressure and create a more predictable environment for investors. Lockups for some groups, including validators and investors, will extend an additional six months, until October 2028. Core contributor tokens remain under longer contractual time locks. Wormhole launched in 2020 as a cross-chain bridge and now connects more than 40 blockchains. The W token powers governance and staking, with a capped supply of 10 billion. By redirecting fees and revenues into the new reserve, Wormhole is betting that its token can maintain value as demand for moving assets and data between chains grows. This is a developing story. This article was generated with the assistance of AI and reviewed by editor Jeffrey Albus before publication. Get the news in your inbox. Explore Blockworks newsletters: Source: https://blockworks.co/news/wormhole-launches-reserve
Share
BitcoinEthereumNews2025/09/18 01:55
Top Altcoins To Hold Before 2026 For Maximum ROI – One Is Under $1!

Top Altcoins To Hold Before 2026 For Maximum ROI – One Is Under $1!

BlockchainFX presale surges past $7.5M at $0.024 per token with 500x ROI potential, staking rewards, and BLOCK30 bonus still live — top altcoin to hold before 2026.
Share
Blockchainreporter2025/09/18 01:16
Best Crypto to Buy as Saylor & Crypto Execs Meet in US Treasury Council

Best Crypto to Buy as Saylor & Crypto Execs Meet in US Treasury Council

The post Best Crypto to Buy as Saylor & Crypto Execs Meet in US Treasury Council appeared on BitcoinEthereumNews.com. Michael Saylor and a group of crypto executives met in Washington, D.C. yesterday to push for the Strategic Bitcoin Reserve Bill (the BITCOIN Act), which would see the U.S. acquire up to 1M $BTC over five years. With Bitcoin being positioned yet again as a cornerstone of national monetary policy, many investors are turning their eyes to projects that lean into this narrative – altcoins, meme coins, and presales that could ride on the same wave. Read on for three of the best crypto projects that seem especially well‐suited to benefit from this macro shift:  Bitcoin Hyper, Best Wallet Token, and Remittix. These projects stand out for having a strong use case and high adoption potential, especially given the push for a U.S. Bitcoin reserve.   Why the Bitcoin Reserve Bill Matters for Crypto Markets The strategic Bitcoin Reserve Bill could mark a turning point for the U.S. approach to digital assets. The proposal would see America build a long-term Bitcoin reserve by acquiring up to one million $BTC over five years. To make this happen, lawmakers are exploring creative funding methods such as revaluing old gold certificates. The plan also leans on confiscated Bitcoin already held by the government, worth an estimated $15–20B. This isn’t just a headline for policy wonks. It signals that Bitcoin is moving from the margins into the core of financial strategy. Industry figures like Michael Saylor, Senator Cynthia Lummis, and Marathon Digital’s Fred Thiel are all backing the bill. They see Bitcoin not just as an investment, but as a hedge against systemic risks. For the wider crypto market, this opens the door for projects tied to Bitcoin and the infrastructure that supports it. 1. Bitcoin Hyper ($HYPER) – Turning Bitcoin Into More Than Just Digital Gold The U.S. may soon treat Bitcoin as…
Share
BitcoinEthereumNews2025/09/18 00:27