Ripple Price Analysis: XRP Rejected at Key Resistance Again - Is $1.00 Next?
XRP is rebounding toward $1.34 after dipping near $1.20 last week, and the latest move pushed the token above the upper boundary of its short-term descending channel on the 4-hour chart. While the rebound has kept $1.25 support intact, the analysis says multiple supply zones remain overhead before a broader bullish trend can be restored. The daily chart indicates XRP is trading within a wider range that followed the sharp August rally from the $1.00 area. Rejection near $1.70 in late September led to lower highs and a drop into the $1.25 demand zone. A decisive fall below $1.25 could expose $1.10, while reclaiming $1.40 would strengthen the reversal case and refocus attention on $1.50. Confirmation requires holding $1.25 and clearing $1.40.







