Ripple Technical Analysis: XRP/USD vital near-term demand zone saving the price from a fresh wave of selling pressure

Ripple trading firmly in the red, losses seen at just shy of 3%, in the latter part of Tuesday.
XRP/USD key near-term demand area is propping up the price, preventing huge selling pressure. Buying areas are seen within $0.4700 and then $0.4500-0.4300.
Key supply areas of note; $0.5000 and $0.5500 seen on 60-minute chart view.

Ken Chigbo Independent Analyst

XRP/USD 60-minute chart

Spot rate: 0.47970

Relative change: -2.80%

High: 0.49365

Low: 0.46921

Trend: Bearish

Support 1: 0.47000, demand zone.

Support 2: 0.46800, support on 60-minute.

Support 3: 0.45500, buying area.

Resistance 1: 0.49000, supply zone.

Resistance 2: 0.50000, psychological resistance.

Resistance 3: 0.55000, supply area.

Author

Ken Chigbo

Independent Analyst

Ken has over 8 years exposure to the financial markets. He started his career as an analyst, covering a variety of asset classes; forex, fixed income, commodities and equities.

Markets move fast. We move first.

Orange Juice Newsletter brings you expert driven insights - not headlines. Every day on your inbox.

Editor's Picks

Crypto market outlook for 2026

Year 2025 was volatile, as crypto often is. Among positive catalysts were favourable regulatory changes in the U.S., rise of Digital Asset Treasuries (DAT), adoption of AI and tokenization of Real-World-Assets (RWA).

Sberbank issues Russia's first corporate loan backed by Bitcoin

Russia's largest bank Sberbank launched the country's first Bitcoin-backed corporate loan to miner Intelion Data. The pilot deal uses cryptocurrency as collateral through Sberbank's proprietary Rutoken custody solution.

Bitcoin recovers to $87,000 as retail optimism offsets steady ETF outflows

Bitcoin (BTC) trades above $88,000 at press time on Tuesday, following a rejection at $90,000 the previous day. Institutional support remains mixed amid steady outflow from US spot BTC Exchange Traded Funds (ETFs) and Strategy Inc.’s acquisition of 1,229 BTC last week.