Ripple Price Analysis: XRP Rejected at Key Resistance Again – Is $1.00 Next?

XRP had recovered toward $1.34 after briefly dipping near $1.20 last week before it dumped to $1.26 minutes ago, with the latest push lifting the token above the upper boundary of its short-term descending channel on the 4-hour chart. The rebound has kept the $1.25 support intact, but the asset still faces several supply zones above before the broad bullish trend is restored. Ripple Price Analysis: The USDT Pair The daily chart shows XRP still trading within the broader range formed after the sharp August rally from the $1.00 region. The rejection from the $1.70 resistance level in late September started a sequence of lower highs. The decline eventually dragged the price into the $1.25 demand zone, which marks the base of the mid-September rebound. Sellers briefly pushed XRP below this area at the end of October, with a long lower wick reaching around $1.20. Buyers quickly absorbed the move, however, and the price has since closed back above the zone. If the rebound holds, which doesn’t appear to be the case as of now, the first resistance lies at the $1.40 October lower high, followed by the $1.50 region, where a strong bearish order block is located. On the contrary, a decisive d...