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XRP price analysis: After holding key support levels, can XRP regain its gains?

2026-09-04 00:40:24
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XRP Price Analysis: After holding on to key support, can XRP restart its rally?

XRP is currently in a consolidation stage after experiencing a sharp breakthrough in late August, with prices fluctuating around US$1.40. The chart shows that the overall structure has improved significantly, but the token is still suppressed below a major resistance zone. Breaking through the current correction structure will determine whether the recent rebound will continue or turn into a deeper correction.

Ripple Price Trend Analysis: USDT Trading Pair

In the daily time frame, XRP has undergone a major structural shift. After months of a broad downtrend, the asset moved decisively higher in late August, soaring from about $1.00 to a peak near $1.70. This trend also prompted XRP to break past the previously declining long-term trend line and the major moving average visible in the chart.

The subsequent correction moved the XRP closer to the $1.30 area, which is currently marked as an important demand area and a clear bullish imbalance area. At the same time, prices remained above the 100-day and 200-day moving averages, suggesting that despite the recent correction, the broader structure of the recovery remains intact.

Above current prices, the $1.50 area constitutes the main resistance area. It has previously served as a significant supply area and has rejected XRP's upward attempts several times in the past year. As a result, a daily close above this region would significantly strengthen bullish arguments and pave the way for moving into the $2.00 region, which is an important psychological barrier for Ripple.

The kinetic energy indicator has also cooled significantly from the extreme level reached in the early stages of the breakthrough. The daily relative strength index (RSI) has fallen below 75, easing the overbought situation while remaining above the neutral level of 50. This is usually a constructive signal because XRP can consolidate without completely losing momentum.

4-hour chart analysis

The 4-hour chart provides a clearer view of the current correction stage. Since its surge in late August, XRP has been forming a downward structure defined by two downwardly sloping trend lines. The price is currently close to $1.37 and appears to be testing the upper boundary of the pattern.

This makes the current area particularly important. Breaking through the downward resistance line and then crossing the $1.50 area will provide an initial signal that the correction phase may end.

On the downside, the highlighted $1.25 bullish order block is the immediate support area. As long as XRP continues to hold on to the area, the downward structure may eventually resolve upwards. However, a break below this area increases the probability of a deeper correction to order blocks near approximately $1.10 below.

Overall, XRP is facing a decision point. Holding $1.25 and breaking through the downtrend line will help continue to move upward above $1.50. Conversely, losing the $1.25 area would invalidate the immediate bullish layout and could cause prices to fall back near the starting point of the recent rally.

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