Ripple Price Analysis: XRP Bear Trend Continues — Could $1.20 Be the Next Target? - Coinedict

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.