Ripple Price Analysis: Can XRP Recover After the Breakout Preemptive Selloff? Ripples XRP is struggling to maintain its position around $1.25 after failing to break above a descending channel, with key support at the 0.618 Fibonacci level. A decisive close below $1.20 could lead to further declines towards the $1.10-1.14 demand zone, potentially erasing the gains made since August. The short-term trend remains bearish, with sellers favored unless XRP can reclaim the $1.40 supply area and break out of the descending channel.