Ripple price analysis: XRP/USD bulls discouraged by a failure at $0.3100

XRP/USD may resume the decline towards the recent lows.
The recovery is possible in case of broader market growth.

Tanya Abrosimova Independent Analyst

Currently, XRP/USD is trading at $0.3050 with a bearish bias. The second largest coin with a market capitalization of $12.4 stays unchanged on a daily basis and since the beginning of Thursday. Strong bearish momentum on the intraday intervals amid growing volatility implies that XRP may retest the recent lows rather sooner than later.

XRP/USD peaked at $3,2983 on April 4 and lost over 90% since that time, pressured by the regulatory uncertainty, litigations against Ripples Lab and overall bearish sentiments of the cryptocurrency market.

Ripple's technical picture

On the 4-hour chart, XRP/USD is moving within the downside channel with the lower border at $0.2900. The rebound from this areas will trigger an upside movement towards the short-term sloping trendline currently located at $0.3100 and strengthened by SMA50 (4-hour). XRP attempted bu break above this sloping resistance on Wednesday, to no avail.

Considering that the Relative Strength Index starts to revers to the upside on the 4-hour chart), XRP/USD may have another try at $0.3100. A sustainable move higher will expose the next resistance of $0.3400 (SMA100, 4-hour) and $0.3525 (23.6% Fibo retracement level).
On the downside, a strong movement under $0.2900 will send prices towards $0.2500 and, potentially, to $0.2290.

XRP/USD, 4-hour chart

Author

Tanya Abrosimova

Independent Analyst

Starknet unveils strkBTC, shielded Bitcoin transactions on Ethereum Layer 2

Starknet, the Ethereum Layer 2 network developed by StarkWare, today announced strkBTC, a wrapped Bitcoin asset that introduces optional shielding while preserving full DeFi composability.

Bitcoin, Ethereum, and Ripple consolidate with short-term cautious bullish bias

Bitcoin, Ethereum and Ripple are consolidating near key technical areas on Friday, showing mild signs of stabilization after recent volatility. BTC holds above $67,000 despite mild losses so far this week, while ETH hovers around $2,000 after a rejection near its upper consolidation boundary.

Ethereum Price Forecast: FG Nexus continues distribution amid signs of returning risk-on sentiment

FG Nexus, once dubbed an Ethereum treasury firm, resumed offloading the top altcoin on Wednesday, distributing 7,550 ETH, according to data from smart money tracker EmberCN.

Top Crypto Gainers: Stable and Decred rally, Pippin approaches record highs

Altcoins, such as Stable, Decred, and Pippin, are extending gains so far this week, defying the risk-averse conditions in the broader cryptocurrency market. Stable and Pippin are near record high levels, while Decred extends its breakout rally above $30.

Bitcoin Price Annual Forecast: BTC holds long-term bullish structure heading into 2026

Bitcoin (BTC) is wrapping up 2025 as one of its most eventful years, defined by unprecedented institutional participation, major regulatory developments, and extreme price volatility.

Bitcoin: Another month of losses, and it’s been five

Bitcoin (BTC) price is stabilizing around $68,000 at the time of writing on Friday, but the Crypto King is poised to close February on a fragile footing, marking its fifth consecutive month of losses since October and a rare start to the year with back-to-back monthly corrections.