XRP is still struggling to turn bullish, with price action showing signs that the early-January bounce may have been only a temporary rebound inside a larger downtrend. After failing to hold key resistance levels, XRP is now sitting at an important support zone where the next move could decide whether it stabilizes—or slides further.
Right now, XRP remains weak against both the US dollar and Bitcoin, and traders are closely watching critical levels that could trigger a bigger breakdown.
XRP/USDT Chart: Support Tested After $2.40 Rejection
On the daily timeframe, XRP/USDT is trading slightly above the $1.80–$1.90 demand zone, which has become a major area of support.
However, XRP recently got rejected hard from the $2.40 supply zone, and it also failed to break above the 100-day and 200-day moving averages, which are still sloping downward. That’s an important signal because it confirms the market is still in a medium-term bearish trend.
The RSI has also cooled down from overbought conditions back toward neutral, showing that the bounce is losing momentum.
Key XRP Levels to Watch (USD Pair)
Support zone: $1.80–$1.90
- If this holds, XRP could consolidate and form a base.
Breakdown trigger: Daily close below $1.80
- This would increase downside risk toward:
- $1.60 (previous capitulation low zone)
- $1.20–$1.30 (higher-timeframe demand area)
Bullish reversal zone: $2.20–$2.40
- XRP must reclaim this range to shift the trend back in favor of bulls.
XRP/BTC Chart: Bitcoin Still Winning the Battle
Against Bitcoin, XRP is trading around the 2,100–2,200 sats area, but it was also rejected from the 2,400 sats resistance band, where the 100-day and 200-day moving averages are sitting.
This confirms XRP is still underperforming BTC overall, as every rally into the 2,400–2,500 sats zone keeps getting sold off.
Key XRP Levels to Watch (BTC Pair)
Support zone: 1,900–2,000 sats
- Buyers have shown some demand here recently.
Breakdown risk: Below 1,800 sats
- Could open downside momentum toward:
- 1,500 sats (major demand level)
Bullish signal: Reclaim 2,400–2,500 sats
- Needed to show strength versus Bitcoin again.
So… Is a Drop to $1.20 Inevitable?
Not guaranteed—but the risk is real.
A move to $1.20–$1.30 becomes much more likely only if XRP fails to defend $1.80 and sellers gain control again. If the $1.80–$1.90 area holds, XRP could still build a sideways range before any major trend shift happens.
For now, the chart structure remains bearish, and XRP bulls need to reclaim higher resistance zones to prove the correction is over.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
XRP Spot ETF Records $2.41M Net Inflows in Single Day; Bitwise XRP ETF Leads
Gate News message, April 23 — According to SoSoValue, XRP spot ETFs recorded net inflows of $2.41 million yesterday (April 22 ET). Bitwise XRP ETF (XRP) accounted for the entire daily inflow, bringing its historical cumulative net inflows to $419 million.
As of press time, total assets under
GateNews1h ago
LOBSTR Wallet Integrates XRP Ledger Support, Unlocking Access for 1.3M+ Users
Abstract: The article surveys XRPL ecosystem expansion, highlighting wallet integrations (LOBSTR with XRPL Commons; Exodus custody tools) and rising institutional interest from Mastercard, BlackRock, and Franklin Templeton as XRPL real-world asset activity grows toward a multi-billion-dollar valuation, underpinned by fast settlement and low fees.
Summary: LOBSTR adds XRP Ledger support via XRPL Commons; Exodus expands XRP/RLUSD custody tools. Mastercard, BlackRock, and Franklin Templeton monitor XRPL as RWA activity climbs toward $2.5B, enabling fast, low-cost settlements.
GateNews6h ago
XRP Price Near $1.45 as ETF Inflows Build Pressure
Key Insights
Institutional XRP ETF inflows reached $41.6 million over four days, lifting assets under management above $1.08 billion and strengthening market confidence.
XRP faces strong resistance near $1.45, where CoinGlass data highlights a short max
CryptoNewsLand8h ago
XRP Expands to Solana as wXRP Drives DeFi Access
Key Insights
Wrapped XRP on Solana surpasses 834,000 tokens, enabling new DeFi access while strengthening cross-chain liquidity and expanding XRP utility beyond its native ledger.
Ethereum and Solana dominate DeFi activity, while XRP Ledger trails significantly, driving the need for
CryptoNewsLand8h ago
XRP Breakout Holds as XRPL Lending Vote Gains Momentum
XRP shows weekly strength, trading above EMAs after breaking from a descending wedge; XRPL advances XLS-65/66 lending upgrades with pooled vaults and fixed-term loans; derivatives rise in volume, open interest, and options activity.
Abstract: This report notes XRP's persistent weekly momentum and price strength above key moving averages following a breakout from a descending wedge. It covers XRPL validators voting on XLS-65 and XLS-66, enabling native lending, pooled liquidity vaults, and fixed-term loans to expand on-chain financial activity. It also reports rising derivatives participation, with higher trading volume, open interest, and a surge in options activity, suggesting increasing trader positioning for a continued breakout.
CryptoNewsLand9h ago
XRP Breakout Holds as XRPL Lending Vote Gains Momentum
XRP shows weekly strength, trading above EMAs after breaking from a descending wedge; XRPL advances XLS-65/66 lending upgrades with pooled vaults and fixed-term loans; derivatives rise in volume, open interest, and options activity.
Abstract: This report notes XRP's persistent weekly momentum and price strength above key moving averages following a breakout from a descending wedge. It covers XRPL validators voting on XLS-65 and XLS-66, enabling native lending, pooled liquidity vaults, and fixed-term loans to expand on-chain financial activity. It also reports rising derivatives participation, with higher trading volume, open interest, and a surge in options activity, suggesting increasing trader positioning for a continued breakout.
CryptoNewsLand9h ago
