Ripple Price Analysis: XRP Structure Remains Weak as $1 Support Comes Under Pressure Again

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XRP remains firmly in a corrective structure, with the token trading near $1.00 after months of lower highs and lower lows. While the current support zone could trigger a relief move, the broader trend remains bearish until the asset can reclaim several key resistance levels.Ripple Price Analysis: The USDT PairOn the XRP/USDT daily chart, the price continues to trade inside a descending channel and below the 100-day and 200-day moving averages shown on the chart. This keeps the broader market structure tilted to the downside.XRP is currently testing the $1.00 support zone, which has acted as a local floor during the recent consolidation. Holding this area could give buyers an opportunity to build a base and initiate a recovery toward the first major resistance at $1.25-$1.30. This zone is particularly important as it aligns with the critical 200-day moving average, which is currently declining around the same area.A breakout above the descending channel and the $1.30 supply zone would improve the technical picture and could open the door toward the $1.50-$1.60 resistance area. However, as long as XRP remains below the $1.25-$1.30 area, the prevailing downtrend remains intact.If the $1.00 support fails, the next major downside area appears around $0.90. A sustained move below that zone would signal another significant structural breakdown that could push the price even deeper and toward the lower boundary of the large channel.The BTC PairThe XRP/BTC pair paints a similarly weak picture. The pair has broken below the 1,700 sats support level and continues to trade within a broader descending structure.XRP/BTC is now approaching the 1,500 sats support zone. Holding this area could allow for a recovery back toward 1,700 sats, which has now become the first key resistance. Until that level is reclaimed, XRP appears likely to remain relatively weak against Bitcoin.Overall, XRP is in a critical technical area on both charts. The 1,500 sat demand zone is the crucial level for buyers to defend on the BTC pair. A sustained defense of this area could also fuel a rebound against USDT, but the broader bearish structure remains in place unless XRP begins reclaiming the overhead resistance levels. The post Ripple Price Analysis: XRP Structure Remains Weak as $1 Support Comes Under Pressure Again appeared first on CryptoPotato.