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Ripple price analysis: Continuous downward shifts in highs indicate that XRP faces difficulties befo

2026-09-13 15:17:10
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Ripple Price Analysis: Daily Chart

After a strong rise in August, Ripple's XRP has not yet established a clear direction. Before the buyer regained control of the situation, many rebounds encountered resistance. The current consolidation pattern puts the market at a critical juncture. If we can hold nearby support levels, it may eventually lay the foundation for the next round of recovery.

XRP has been in the consolidation stage since it soared from around $0.99 to above $1.50. During this period, prices formed a series of lower highs while remaining above the broader support structure, creating a downward channel. Currently, the asset is trading at around $1.37, close to the 0.5 Fibonacci retracement level of $1.34. Therefore, the US$1.33 -1.34 range has become an important support area in the near term. So far, buyers appear to be defending this position, but the rebound remains modest.

If this level falls, the next important downside target is near the 0.618 Fibonacci level of $1.26. This area is highly aligned with the moving average and the broader US$1.22 -1.27 support area, making it a particularly critical area in the medium-term structure.

On the upside side, XRP needs to break through the US$1.45 -1.50 region to challenge the main US$1.61 -1.70 resistance region. Until then, price movements remain corrective rather than clear bullish signals.

XRP/USDT 4 hour chart

The 4-hour chart highlights the compression pattern that has gradually developed since the August high. XRP continues to trade in the downtrend channel, with the upper trend line now approaching the US$1.40 -1.42 region and acting as dynamic resistance.

The latest rally from around $1.33 has pushed prices back to around $1.37, but buyers have not yet generated enough momentum to break the falling series of highs. If prices can break through the downtrend line and then stabilize above the $1.40 -1.42 region, this will be the first meaningful sign that the correction momentum is weakening. Such movements could redirect attention back to $1.45 and eventually point to higher resistance areas.

Conversely, if it is rejected again at the trend line, the downward structure will be maintained. In this case, XRP may re-test the lower boundary of the channel, which is converging to the $1.22 -1.27 support area. Losing this area would represent a significant deterioration in the market structure and could expose a deeper $1.09 -1.13 support area.

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