XRP Consolidates as Unfilled Price Gap Threatens Deeper Correction

XRP is currently trading around the $1.45 mark and is attempting to build momentum on the lower timeframes. As highlighted in our previous analysis, XRP was showing oversold RSI readings on the daily timeframe and has since found some footing above the $1.30 support level we have been watching. The broader market correction earlier this month led to the loss of the crucial $1.80 support that had held for months, which has kept the overall outlook firmly bearish. However, bears appear to be running out of steam after weeks of sustained pressure and with price action settling into a quieter phase over the past couple of weeks, bulls now have an opportunity to potentially stage a short-term relief rally before the downtrend resumes. Let's take a closer look at the latest XRP charts to see where the price could be headed in the coming days.

Our XRP Price Prediction Summary

• Short term consolidation between $1.30 and $1.60 is likely for XRP as buying momentum remains weak across the board.
• The daily downtrend remains intact with XRP printing lower highs and $1.00 as the next major support if current levels fail.
• The unfilled price gap between $0.75 and $1.80 on the weekly chart poses a risk of deeper correction as gaps typically get filled.

Analyzing the Charts

Consolidation Between $1.30 and $1.60

Looking at the 4-hour chart, XRP has settled into a clear consolidation zone between $1.30 support and $1.60 resistance. This kind of sideways movement is fairly common after major market corrections as price typically either sets up for a relief rally or grinds through an extended consolidation phase while the market catches its breath. For now, XRP is trading back and forth within this range with $1.30 holding firm as support, which does give bulls some room to work with. The quieter conditions over the past couple of weeks combined with this established range create a reasonable setup for a short-term relief push if buying pressure starts to build. However, given how weak momentum has been over the past few months, we could very well see XRP continue grinding sideways within this zone for a while longer unless something shifts to bring more conviction from buyers.

Daily Downtrend Remains Intact

Switching to the 1-day timeframe, not much has changed as the downtrend we have been tracking for months remains firmly in place. XRP continues to print lower highs, with each drop being followed by a brief consolidation phase before the price heads lower again. This pattern shows no signs of breaking just yet, and the key level to watch remains $1.30 support with likely consolidation between here and the $1.60 resistance above. A break above $1.60 would be the first sign of a potential short term relief rally and could open the door to a move back toward $1.80. However, that former support has now flipped into strong resistance, and reclaiming it under current market conditions appears to be a tough task for bulls. Our expectation is for XRP to continue consolidating within the current range before eventually testing lower levels, with $1.00 being the next major support area on our radar.

Weekly Chart Points to Deeper Correction

The 1-week chart paints an even more bearish picture for XRP as the bearish divergence we identified months ago continues to play out with no signs of invalidation. Price has been grinding steadily lower throughout this period and has now broken below the critical $1.80 support level that had held for an extended timeframe. The real concern at this stage is the unfilled price gap from XRP's rapid surge between $0.75 and $1.80, a move that happened without establishing any meaningful support structure along the way. These types of gaps tend to get filled as the market eventually retraces to build proper support at those levels, and if that scenario plays out, we could see XRP drop back toward the $0.75 region relatively quickly. The $1.00 psychological level would likely provide some temporary resistance to the downside, but if the broader market remains weak and sentiment continues to deteriorate, even that may not be enough to stop the bleeding. This outlook is why our current XRP price prediction maintains a bearish bias.

Final Takeaway: What is Next for XRP?

XRP remains under significant pressure across all timeframes with the overall structure continuing to favor the bears. In the short term, XRP is consolidating between $1.30 and $1.60 following the loss of the critical $1.80 support level, and while a break above $1.60 could trigger a brief relief rally toward $1.80, the lack of momentum makes extended consolidation the more likely outcome. The daily chart shows a persistent downtrend with XRP continuing to print lower highs, following a pattern of drops and brief consolidation phases before heading lower again. On the weekly timeframe, the unfilled price gap between $0.75 and $1.80 remains a major concern and could pull price back toward those lower levels if the market continues to weaken. The $1.00 psychological level may provide some temporary support, but the broader technical picture remains weak and our XRP price prediction continues to lean toward the bearish side.