XRP Trapped in Bearish Trend Despite Slowing Sellers

XRP is struggling to break free from its long-term bearish trend across both BTC and USDT pairs. Despite a slowdown in sellers' momentum, the price has yet to reclaim any meaningful resistance. This has left the broader trend tilted to the downside.

The current consolidation of XRP appears to be taking place at a critical support area that could determine the next major move. Against USDT, XRP remains confined within a descending channel while trading below both the 100-day and 200-day moving averages, keeping the broader trend bearish.

On the BTC pair, the situation is even more dire. The price of XRP continues to trade within a long-term bearish structure, with no signs of reversal in sight. The current consolidation is taking place at a critical support area that will likely determine the next major move for XRP.