XRP price action has remained sluggish recently, lacking the bullish momentum seen in Bitcoin and Ethereum. Despite some earlier upward potential, Ripple’s native token is now facing key technical hurdles that could influence its next major move.

XRP/USDT Pair Analysis: Support Holds, But Risk Grows

On the daily chart, the XRP/USDT trading pair has shown signs of investor uncertainty. While Bitcoin and Ethereum surged to new records, XRP stalled below the crucial $3.40 resistance level. This failure to break higher, combined with declining momentum, is weighing on market sentiment.

That said, XRP has so far maintained the $2.80 support zone. This area is key, bolstered by the positioning of both the 100-day and 200-day moving averages just beneath it. These indicators support a generally bullish market structure, assuming the price can stay above them.

However, the Relative Strength Index (RSI) has recently fallen below 50. After peaking into overbought levels in July, this drop in RSI points to a potential shift toward bearish conditions. If XRP breaks below the $2.80 support mark, not only would it set a new lower low, but it would also breach both major moving averages—making the $2.10 zone a likely destination in the near future.

Daily price chart of XRP/USDT highlights resistance at $3.40 and key support at $2.80.

XRP/BTC Pair Analysis: Technical Reversal Shows Promise

The XRP to Bitcoin chart (XRP/BTC) paints a more favorable picture. Following a steep rally in July, the token broke out of a descending channel that had persisted for months. This move also pushed XRP above both the 100-day and 200-day moving averages, which are now converging around the 2,400 SAT level.

This converging support zone has created a potentially strong floor that could fuel another bullish run. A bounce from this area may trigger renewed investor interest and help reverse recent downside pressure.

Still, caution is warranted. The RSI has once again slipped below 50, and a decisive golden crossover of the two moving averages has yet to materialize. Until that confirmation signal emerges, the bullish case may remain limited.

If XRP fails to maintain support around 2,400 SAT, the token risks further decline. A break below this level could drive XRP to fall under 2,000 SAT in the short term, indicating a deeper weakness in its Bitcoin pairing.

XRP/BTC chart reveals breakout from long-term channel with new support forming around 2,400 SAT.

Key Takeaways for XRP Investors

For traders monitoring XRP’s performance, the current consolidation phase presents both risks and opportunities. On the one hand, holding key support zones—at $2.80 in USDT and 2,400 SAT in Bitcoin terms—could pave the way for potential rebounds. On the other hand, losing these critical levels may trigger more severe pullbacks toward $2.10 and sub-2,000 SAT territories.

Market participants should also watch for indicators like RSI trends and moving average crossovers to assess the strength or weakness of upcoming price moves.

Related: XRP Price: $12M Max Pain for Bears

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