October 12th 2026, 5:16 PM
XRP Price Divergence as Rejection Sets Stage for Further Decline
Key Summary
Ripple's price rebound has stalled near $1.40 after a sharp decline from its recent consolidation, with buyers responding around a major demand zone but the price remaining beneath nearby resistance within a corrective structure. The token's price has extended its correction on the daily timeframe, with a long lower wick reaching approximately $1.32, and the daily RSI indicating momentum remains below neutral despite the bounce. Holding the demand zone could preserve the broader recovery and support another attempt toward the $1.48–$1.52 resistance area.
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Analysis Overview
Ripple's price has experienced another rejection at key resistance, leading to a sharp decline from its recent consolidation. The rebound has stalled near $1.40, with buyers responding around a major demand zone but the price remaining beneath nearby resistance within a corrective structure.Daily Chart Analysis
The daily chart shows XRP's token has extended its correction following the rejection from the $1.61–$1.70 resistance zone. The latest selloff pushed the price below the $1.48–$1.50 consolidation area, with a long lower wick reaching approximately $1.32 before buyers stepped in. Subsequent candles show stabilization around $1.40, although the recovery has so far lacked strong follow-through. The $1.25–$1.32 demand zone remains particularly important, overlapping with the 100-day and 200-day moving averages, positioned near $1.265 and $1.281, respectively.4-Hour Chart Analysis
The 4-hour chart shows XRP moving within a descending channel, with successive lower highs maintaining the corrective trend. The recent decline broke through the $1.43–$1.45 support zone before briefly reaching the channel’s lower boundary near $1.32. Buyers then drove a rebound toward $1.42, where the recovery encountered renewed selling pressure. The former $1.43–$1.45 demand zone now represents an overhead resistance area, creating a significant obstacle for buyers. A sustained move above both would provide an initial signal that selling pressure is easing and could open the way toward the $1.48–$1.52 resistance region.Key Takeaways
Holding the demand zone could preserve the broader recovery and support another attempt toward the $1.48–$1.52 resistance area. A sustained break below $1.25 would weaken the recovery structure and expose the next highlighted support zone at $1.11–$1.18. The reaction to the $1.43–$1.45 resistance area will therefore be important in determining whether XRP can escape the descending channel or remains vulnerable to another decline.#XRP#US#Crypto#SEC#USD