Ripple Price Analysis: What’s Next for XRP After an 8% Daily Surge?

XRP is consolidating after a sharp recovery from the sub-$1 area, with the price now attempting to stabilize around $1.35.

The daily chart shows a major structural improvement following the recent rally, while the 4-hour timeframe suggests that the asset is still trading inside a descending channel that is guiding a corrective price action.

Ripple Price Analysis: The USDT Pair On the daily timeframe, XRP staged a strong impulsive move from the $1.00 support area to roughly $1.70 before entering a prolonged consolidation.

The rally also pushed the RSI sharply into overbought territory, but the subsequent cooling-off phase has brought the indicator back toward the neutral 50 area. The price is currently around $1.35, sitting just above the 200-day moving average at approximately $1.30.