XRP continues to trade near a major support area while showing early signs of stabilization. Although the broader trend remains under pressure, recent price actionXRP continues to trade near a major support area while showing early signs of stabilization. Although the broader trend remains under pressure, recent price action

Ripple Price Analysis: Seller Exhaustion Signs Emerge as XRP Prepares for Recovery

2026/06/14 23:04
2 min read
For feedback or concerns regarding this content, please contact us at crypto.news@mexc.com

XRP continues to trade near a major support area while showing early signs of stabilization. Although the broader trend remains under pressure, recent price action and momentum indicators suggest that sellers may be losing control, raising the possibility of a stronger recovery in the coming sessions.

Ripple Price Analysis: The Daily Chart

On the daily timeframe, XRP is consolidating above the key support zone between $1.05 and $1.15 after finding demand near the lower boundary of its descending channel.

However, the most notable recent development is the bullish divergence between the price and the RSI. While XRP revisited the $1.05 support area, the RSI formed a higher low, indicating that downside momentum has weakened despite the price remaining near its lows. This type of divergence often appears near important turning points and suggests that selling pressure may be fading.

For bulls, the first major challenge remains the descending channel resistance, which currently coincides with the moving average cluster around $1.35 to $1.55. A recovery into this region would significantly improve market sentiment and could signal a larger trend reversal. Until then, XRP remains in a corrective phase within its broader downtrend.

XRP/USDT 4-Hour Chart

The 4-hour chart shows XRP gradually building a recovery structure from the $1.05 support zone. The asset has been charting higher lows while respecting an ascending trendline, indicating improving short-term momentum.

The immediate resistance sits around the $1.18 to $1.21 region, which aligns with the 0.5 Fibonacci retracement level near $1.21. A successful breakout above this barrier could allow XRP to advance toward the 0.618 retracement level at $1.25.

Above that, the primary resistance zone remains between $1.27 and $1.30, where the 0.702 and 0.786 Fibonacci levels are located. This area previously acted as an important support region and could now serve as a significant obstacle for the ongoing recovery.

As long as XRP remains above the rising trendline and the $1.05 support zone, the short-term outlook favors continued upside attempts. However, a decisive reclaim of the $1.21 to $1.30 region is needed before a broader bullish reversal can be confirmed. The daily RSI divergence supports this recovery scenario, suggesting that momentum is gradually shifting in favor of buyers.

The post Ripple Price Analysis: Seller Exhaustion Signs Emerge as XRP Prepares for Recovery appeared first on CryptoPotato.

Market Opportunity
XRP Logo
XRP Price(XRP)
$1.1393
$1.1393$1.1393
+0.38%
USD
XRP (XRP) Live Price Chart

World Cup Combo: Aim for 200x

World Cup Combo: Aim for 200xWorld Cup Combo: Aim for 200x

Combine up to 20 World Cup matches in one order

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact crypto.news@mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

Score Your Share of 50K USDT

Score Your Share of 50K USDTScore Your Share of 50K USDT

Complete DEX+ tasks to unlock the Champion Wheel