XRP is holding above key support levels on both USD and BTC pairs but remains under pressure, lacking significant bullish momentum. The current price action indicates a consolidative phase, showing a slight bearish leaning in the short term.
The USDT Paired Chart
On the USDT pair, XRP is currently hovering above the $2 support zone following a series of lower highs after the rejection from the $3.00 resistance area. The asset has not produced a higher high since mid-February, enduring selling pressure during each rally attempt.
The 200-day moving average is steadily rising, currently situated well below the price at roughly $1.80, serving as a dynamic support for now.
The RSI is drifting near the 40–45 zone, indicating diminishing momentum without entering an oversold condition. If buyers are unable to defend the $2 level, XRP could swiftly drop towards the next support around $1.50. Conversely, to change the prevailing sentiment, XRP needs to reclaim the $2.5 level and establish a firm close above it. 
The BTC Paired Chart
For the XRP/BTC pair, consolidation has followed a strong rally in November of the previous year, with the price currently trading around 2,500 SAT. Resistance has manifested near the 3,000 SAT mark, resulting in a recent pullback.
The 200-day moving average at approximately 2,000 SAT remains intact, indicating that the broader uptrend is still active. However, the RSI trend is downward, hinting at a potential weakening of momentum. Nonetheless, as long as XRP maintains its position above 2,000 SAT, a bullish push beyond the 3,000 SAT range remains plausible. 
The post Ripple Price Analysis: How Long Will XRP’s Consolidation Last? appeared first on CryptoPotato.
