> At a Glance
> – XRP/USDT broke out of a descending channel that started in October, hitting $2.40 before pulling back
> – The 100-day moving average at $2.30 rejected the rally, with $2.00 now the key support level
> – XRP/BTC faces renewed bearish pressure after failing to hold above 2,400 sats
> – Why it matters: XRP’s relative weakness highlights ongoing altcoin struggles despite Bitcoin ETF optimism
XRP is attempting to stage a recovery after a months-long downtrend, but faces stiff resistance as Bitcoin dominance keeps altcoins on the back foot.
XRP/USDT: Channel Breakout Meets Resistance
The daily chart shows XRP successfully breaking above the descending channel that had constrained prices since October. This bullish move propelled the token toward the $2.40 resistance zone, marking a significant shift in momentum.
However, the rally encountered immediate selling pressure at the 100-day moving average, currently positioned around $2.30. The subsequent pullback has left XRP testing the $2.00 level, which represents a previous range high that should now act as support.
If this support level fails, the next significant demand zone sits at $1.80. For bulls to regain control, XRP would need to reclaim $2.40 with strong volume, potentially opening a path toward the critical $3.00 area.
XRP/BTC: Technical Picture Remains Weak
Against Bitcoin, XRP’s performance tells a different story. The brief breakout above 2,400 sats quickly reversed after encountering the 200-day moving average, highlighting the ongoing struggle for altcoin relevance.
Current trading just below both the 100 and 200-day moving averages, with these indicators flattening, signals market indecision. The failure to maintain levels above key resistance suggests bearish momentum is building once again.
Key levels to watch include:
- 2,200 sats: Immediate support that must hold
- 2,000 sats: Major demand zone if support breaks
- 2,400 sats: Supply zone that needs reclaiming for any meaningful recovery
Such a recovery would require broader altcoin strength, something notably absent from current market conditions.
Key Takeaways
- XRP broke its multi-month descending channel but faces strong resistance at $2.30-$2.40
- The $2.00 support level is crucial for maintaining the bullish structure
- Against Bitcoin, XRP shows weakness with a failed breakout above 2,400 sats
- Altcoin underperformance persists despite Bitcoin’s ETF-driven rally
XRP’s technical setup reflects the broader altcoin dilemma: promising breakouts that lack the momentum to sustain meaningful gains while Bitcoin dominates the narrative.
