XRP Price Analysis: Stabilization Ahead of Major Move

Ripple's XRP token has shown signs of stabilization after its sharp decline from higher levels, but its recovery remains limited by several resistance zones that continue to attract sellers.

On the daily chart, XRP is trading within 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, but as long as XRP remains below this level, the current recovery may still represent a corrective move within the broader downtrend.

The 4-hour chart highlights the ongoing struggle between buyers attempting to build a base and sellers defending the overhead supply. XRP recently pushed toward the $1.16 to $1.18 resistance zone but failed to secure a breakout, keeping the short-term structure vulnerable.