Ripple Price Analysis: XRP Could Be Heading for a Major Move Next Week

Ripple’s token is showing signs of stabilization after the sharp decline from higher levels, but the recovery remains limited by a series of resistance zones that continue to attract sellers. While buyers have defended the recent lows, the market still needs a clear structural breakout before a stronger upside move can be considered. Ripple Price Analysis: The Daily Chart On the daily timeframe, XRP continues to trade inside a broader descending channel that has shaped the price action for months. The recent rebound from the $1.02 to $1.04 demand zone has helped the asset recover, but the move has not yet changed the larger bearish structure. The main challenge for buyers remains the $1.17 to $1.2 supply zone, which sits near the upper boundary of the descending channel. A successful breakout above this region could open the path toward the next resistance area around $1.28. However, as long as XRP remains below this level, the current recovery may still represent a corrective move within the broader downtrend. A rejection from the current resistance area could send the price back toward the $1.05 to $1.07 support region, while a deeper decline would bring the $1.02 to $1.04 buyers...