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XRP Price Analysis: Bearish Channel Threatens 40% Drop From Current Levels
⬤ XRP has been trading under heavy bearish pressure since hitting its all-time high on July 18, 2025. The daily chart shows price moving within a clear descending channel, with every bounce getting stopped below falling resistance lines. This pattern keeps reinforcing the downtrend that’s been in place for months.
⬤ After printing a lower high on January 6, XRP kicked off another bearish wave that picked up downside speed. What stands out is how price couldn’t even reach the 200-day moving average, which sits well above current market levels. In past cycles, this MA usually acted as a rejection point during recovery attempts, but not even testing it shows how weak buying pressure has become.
⬤ Price remains stuck below both the 50-day and 100-day moving averages, which are sloping down and lining up with the top edge of the descending channel. This combination has blocked every rally attempt, keeping XRP in a pattern of lower highs and lower lows. The next major support to watch is the 100-week moving average, which represents longer-term trend support.
⬤ A confirmed break below the weekly 100 MA would open the door to a much deeper drop. Based on the channel structure and previous declines, a potential 40% slide could push price down to around $1.45. That would confirm the broader correction is still running and bearish sentiment remains in control of near-term price action.