Ripple Price Analysis: What’s Next for XRP After Another Rejection at Key Resistance?

XRP’s rebound has stalled near $1.40 after a sharp decline from its recent consolidation. Buyers have responded around a major demand zone, but the price remains beneath nearby resistance and within a corrective structure. Ripple Price Analysis: The Daily Chart On the daily timeframe, Ripple’s token has extended its correction following the rejection from the $1.61–$1.70 resistance zone. The latest selloff pushed the price below the $1.48–$1.50 consolidation area, with a long lower wick reaching approximately $1.32 before buyers stepped in. Subsequent candles show stabilization around $1.40, although the recovery has so far lacked strong follow-through.