
{"id":173766,"date":"2026-06-02T12:26:41","date_gmt":"2026-06-02T12:26:41","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=173766"},"modified":"2026-06-02T12:26:41","modified_gmt":"2026-06-02T12:26:41","slug":"ripple-price-analysis-xrp-shows-deeper-correction-signs-against-both-usd-and-btc","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=173766","title":{"rendered":"Ripple Price Analysis: XRP Shows Deeper Correction Signs Against Both USD and BTC"},"content":{"rendered":"<p>Ripple\u2019s XRP remains under pressure against both the US dollar and Bitcoin, with the price action continuing to respect a broader bearish structure. The daily charts show the token trading below key moving averages while approaching important support zones that could determine the next major directional move.<\/p>\n<h2>Ripple Price Analysis: The Daily Chart<\/h2>\n<p>Against the US dollar, XRP is trading near $1.26 after another rejection from the descending channel resistance. The asset remains capped below both the 100-day moving average around $1.4 and the 200-day moving average near $1.65, highlighting the lack of bullish momentum on the higher timeframe.<\/p>\n<p>The broader trend continues to favor sellers as XRP remains confined within a well-defined downward channel. Recent attempts to reclaim the 100-day MA failed, leading to another leg lower toward the lower half of the channel. Immediate support is located around the $1.1 to $1.2 demand zone, which has already acted as a significant reaction area earlier in the year.<\/p>\n<p>A breakdown below this region could expose the channel\u2019s lower boundary and potentially trigger a deeper correction.<\/p>\n<p><a href=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2026\/06\/XRP-D.jpg\"><\/a><\/p>\n<h2>XRP\/BTC Chart<\/h2>\n<p>From a relative-strength perspective, the XRP\/BTC chart paints a similarly weak picture. The pair remains inside a long-term descending channel while trading beneath both the 100-day and 200-day moving averages. Despite a recent bounce from the local bottom around 1,740 sats, the recovery has so far been limited and remains below the nearest resistance zone around 1,850 sats.<\/p>\n<p>However, the pair is currently testing a nearby supply zone around 1,850 sats. A successful breakout above this level could open the door toward the broader resistance region between 1,950 and 2,050 sats, where the 100-day moving average is also located. Failure to reclaim this area would keep the bearish market structure intact and increase the likelihood of another retest of the recent lows.<\/p>\n<p><a href=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2026\/06\/XRPBTC.jpg\"><\/a><\/p>\n<p>The post <a href=\"https:\/\/cryptopotato.com\/ripple-price-analysis-xrp-shows-deeper-correction-signs-against-both-usd-and-btc\/\">Ripple Price Analysis: XRP Shows Deeper Correction Signs Against Both USD and BTC<\/a> appeared first on <a href=\"https:\/\/cryptopotato.com\/\">CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"<p>Ripple\u2019s XRP remains under pressure against both the US dollar and Bitcoin, with the price action continuing to respect a broader bearish structure. The daily charts show the token trading below key moving averages while approaching important support zones that could determine the next major directional move. Ripple Price Analysis: The Daily Chart Against the [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-173766","post","type-post","status-publish","format-standard","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/173766"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=173766"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/173766\/revisions"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=173766"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=173766"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=173766"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}