Ripple Price Analysis: XRP’s Path to $3 Still in Doubt Due to This Crucial Resistance
XRP has been trading with relatively low volatility in recent weeks, consolidating below key resistance levels as broader market momentum stalls. While the recent bounce from support suggests short-term buyers are still present, the price remains trapped in a range without clear bullish conviction.
Technical Analysis
By Shayan
The USDT Pair
On the USDT pair, XRP is hovering around $2.50, still below the confluence of the 100-day and 200-day moving averages. After the sharp liquidation wick into the demand zone, the asset bounced quickly but failed to break back above the key resistance near $2.60.
The RSI has also flattened out around 45, reflecting weak momentum and a lack of strong bullish drive. Unless the price reclaims the moving averages and breaks above the $2.60–$2.75 zone with volume, the path of least resistance remains sideways to slightly bearish. Regardless, a return to the support level around $2.20 would offer a better risk-reward for buyers.
The BTC Pair
Looking at the XRPBTC chart, the price remains under pressure after multiple failed attempts to reclaim key resistance levels. It’s currently trading around 2,270 sats, stuck below the 100-day and 200-day moving averages. This entire structure has been a prolonged accumulation or distribution range, depending on how it resolves.
While the bounce off the 2,000 sat zone shows buyers are still defending key long-term support, there’s little follow-through to suggest strength. The RSI at 47 indicates a neutral momentum, but unless a clean break above 2,500 sats with high volume occurs, XRP continues to lag against Bitcoin.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
The AI boom may follow the path of the 19th-century railway bubble, and builders may not be the ultimate winners
Goldman Sachs analyst Bobby Molavi compared the current situation to the 19th-century British railway mania: 500 companies spent more than the nation's annual income building 8,000 miles of railway, with most early investors losing out, while the real beneficiaries were the later "passengers." He pointed out that the current AI craze is driven by both debt and momentum, and that the S&P 500’s forward P/E ratio of 18x is only "a bit cheaper." Whether the builders can retain value is uncertain, and history does not offer an optimistic answer.
If Anthropic's IPO goes smoothly and the stock price rises next week, then everything remains the same for AI. Otherwise, some companies will go bankrupt.
The shrinking valuations of two major giants have triggered a chain reaction—investors are adopting more conservative revenue multiples for AI startups and are directly halting high-valuation financing for companies with zero revenue. Multiple venture capital firms have advised their portfolio companies to lower valuation expectations and to quickly build up cash reserves. Market participants warn that the outcome of Anthropic’s IPO will be a barometer for the industry: if successful, the boom will continue; if it fails, some companies may face elimination.
After the Brazilian election, political discount deepens; Morgan Stanley remains bullish on Petrobras (PBR.US), focusing on fuel pricing and dividends
Morgan Stanley still maintains its most optimistic "Overweight" rating, but has lowered its year-end 2027 target price from $31 to $25.
Corning (GLW.US) receives initial "Buy" rating from Jefferies! AI factories driving a fiber optic rush, with a potential global supply gap of up to 30%
For Corning, the recent profit growth mainly comes from the expansion of AI clusters. As the number of optical links crossing cabinets and campuses increases, customers need to deploy more optical fibers within limited conduit and cabinet space, thus driving demand for high-density optical cables and connection systems.
Crypto prices
More
