XRP Price Hovers at Decision Point as Sellers Continue to Dominate

The price of XRP remains under heavy selling pressure, mirroring the broader cryptocurrency market. The asset's USDT and BTC pairs are trading within clear downtrend structures, with both facing crucial decision points.

On the daily chart, XRP continues to extend its bearish structure, confined inside a long-term descending channel. The current price of around $1.05 is being tested by a major demand zone on the USDT pair, while the BTC pair hovers just above an important support level.

The 100-day and 200-day moving averages are acting as dynamic resistance levels, with XRP trading below both. A breakout above both the channel resistance and the moving average would be required to signal a meaningful shift in market structure.

Against Bitcoin, XRP continues to underperform, remaining firmly inside its own descending channel. The repeated failures near the 100-day moving average reinforce the bearish structure, with overhead resistance located around 1,850 sats and stronger resistance emerging above that.