XRP remains in a corrective phase within the broader crypto market, with recent volatility failing to alter the prevailing medium-term downtrend. The price actionXRP remains in a corrective phase within the broader crypto market, with recent volatility failing to alter the prevailing medium-term downtrend. The price action

Ripple Price Prediction: What Is XRP’s Next Move After 11% Weekly Decline?

XRP remains in a corrective phase within the broader crypto market, with recent volatility failing to alter the prevailing medium-term downtrend. The price action across both the USD and BTC pairs continues to trade below key moving averages, indicating that strength in early January has so far been contained within a larger distribution structure rather than establishing a sustained trend reversal.

Ripple Price Analysis: The USDT Pair

On the XRP/USDT pair, the sharp rejection from the $2.40 resistance block and the declining 100-day and 200-day moving averages have pushed the price back toward the $1.80 demand zone, which has repeatedly acted as a major horizontal support.

The Daily RSI has also cooled from overbought conditions and is now below 50, signalling that momentum has rotated from aggressive short covering back to a negative stance. As long as the price remains capped beneath the confluence of the 100-day MA and the $2 supply region, the broader structure continues to resemble a series of lower highs within a downtrend, with risk of a deeper revisit of the $1.50 area or even lower if the current support cluster fails to hold.

The BTC Pair

On the XRPBTC pair, structural underperformance versus Bitcoin persists. The pair has been rejected once again from the 2,400 sats resistance band, where the key 200-day moving average is located and acts as a dynamic overhead supply.

The subsequent sell-off has driven the price back below the 100-day moving average (located around the 2,200 sats mark) and toward the lower half of the multi-month range around 2,000 sats, with a notable downside wick signalling initial dip-buying interest but not yet a confirmed reversal.

Unless the pair can establish a higher low above the major 2,000 sats support level and reclaim the key moving averages, relative strength is expected to remain tilted in favour of Bitcoin, and any bounces on the BTC pair are likely to be treated as corrective within a dominant bearish trend.

The post Ripple Price Prediction: What Is XRP’s Next Move After 11% Weekly Decline? appeared first on CryptoPotato.

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