XRP Price Analysis: Range-Bound After Failed Breakout

The recent price action for XRP has been defined by a significant failure. On the daily chart, the asset attempted to break above the crucial middle boundary of its descending channel, situated around the $1.60 level. This move, however, proved unsustainable. The brief push beyond this midline executed what analysts term a ‘liquidity sweep,’ where buy-side liquidity was absorbed before sellers aggressively re-entered the market, driving the price lower. This false breakout is a classic technical signal, confirming the presence of substantial supply overhead and highlighting the current fragility of any bullish momentum for Ripple’s token.

Following this rejection, XRP has rotated back into its established consolidation range. The price is now fluctuating between an upper supply zone and a lower demand base, with the structure suggesting ongoing range-bound action rather than an imminent trend reversal. For traders, the implication is clear: until XRP can decisively reclaim and hold above the channel’s midline, the market is likely to remain trapped within this consolidation phase. Short-term volatility will continue to be shaped by these liquidity hunts, as the market tests both sides of the range.

Zooming into the 4-hour chart reveals a persistently bearish microstructure for XRP. The asset continues to trade inside a well-defined descending channel, resuming its downward trajectory after the failed daily breakout. The pattern is one of lower highs and lower lows, a textbook definition of a bearish trend. While a sharp bounce occurred from the lower demand zone between $1.10 and $1.20, this move is viewed as corrective rather than indicative of a true reversal.

Currently, XRP is consolidating around the $1.35–$1.40 area, a region that previously acted as intraday support. The technical outlook from this perspective remains cautious. As long as the price remains below both the channel’s mid-structure and the $1.50 zone, any upside attempt is likely to face immediate selling pressure. A move toward the $1.50–$1.55 supply region would be considered merely a corrective retest unless it is accompanied by powerful momentum and a clear structural break above the channel. The risk, conversely, is a breakdown from the current support cluster, which would expose the channel’s lower boundary and increase the probability of another liquidity sweep below recent lows.

The immediate future for XRP hinges on a handful of critical price levels derived from this technical analysis. On the resistance side, the $1.50–$1.55 zone stands as the primary supply area that must be overcome to signal a potential shift in structure. More importantly, a sustained break above the $1.60 channel midline is required to invalidate the current descending pattern and suggest a more sustained recovery is underway.

On the support side, the focus remains on the $1.10–$1.20 demand region. A failure to hold this zone would likely trigger another wave of selling, potentially leading to a test of the channel’s lower boundary. For market participants, this price analysis paints a picture of a cryptocurrency at a crossroads. XRP is caught between defined forces of supply and demand, with its next major move dependent on which side of the range gives way first. Until a decisive breakout occurs, the prevailing sentiment for Ripple’s asset is one of cautious, range-bound consolidation within a broader bearish structure.