# Ripple (XRP) Price Analysis: Recovery Could Be a Trap XRP needs to break through a critical resistance zone to confirm a trend reversal. - **Source:** [CryptoPotato](https://brifing.si/source/bd22636b-ec8d-42a8-8cca-1937c50e0f6c) - **Published:** 2026-07-23 - **Topic:** [Finance](https://brifing.si/c/finance) - **Original article:** - **On Brifing:** https://brifing.si/s/fb008446-5fb9-4060-88c2-6da7e55bd324 ## Ripple (XRP) Recovers in the Short Term Ripple's XRP has partially recovered from its late June lows but remains below a significant technical barrier. While short-term optimism has increased, the price is approaching a critical resistance zone for a broader trend reversal. ## Long-Term Descending Channel The daily chart shows XRP continuing to trade within a long-term descending channel. As long as the price remains below the channel's upper boundary and key moving averages, sellers maintain the advantage. ## Critical Resistance Zone A crucial resistance zone for XRP lies between $1.24 and $1.29. This area coincides with the upper channel boundary and the 100-day moving average. A rejection here could reinforce the current downtrend. ## Support and Resistance Levels The $1.02 to $1.05 demand zone serves as primary support for XRP. Losing this area could trigger a broader bearish trend. Conversely, a breakout above $1.18 could propel the price upward. ## Short-Term Outlook on the 4-Hour Chart The 4-hour chart indicates that XRP has broken the descending trendline that capped price action throughout July. The price is now consolidating just below the $1.16 to $1.18 supply zone. ## Conclusion and Forecast XRP's ability to break through the current resistance zone is crucial for a more positive outlook. However, the price is expected to undergo further tests before a breakout. Investors should closely monitor these technical levels. ## Sources covering this story - https://cryptopotato.com/ripple-price-analysis-xrps-recovery-is-a-trap-until-this-happens/ — --- _Summary written by Brifing from the original reporting. Copyright in the original article belongs to its publisher; read the full piece at the link above._