XRP Price Struggles to Reclaim Meaningful Resistance Amid Bearish Structure

XRP's price remains within a bearish structure across both its BTC and USDT pairs. Although sellers have slowed their momentum in recent weeks, the price has yet to reclaim any meaningful resistance.

The current consolidation is taking place at a critical support area that could determine the next major move for XRP.

Against USDT, XRP remains confined within a descending channel while trading below both the 100-day and 200-day moving averages. The 100-day MA around $1.20 serves as the first dynamic resistance, while the 200-day MA near $1.35 strengthens the overhead resistance.

The price is holding just above the key $1 support zone, which has repeatedly attracted buyers over the past several weeks. However, the failure to reclaim the channel's upper boundary or establish higher highs suggests bullish momentum remains limited.