Ripple Price Analysis: XRP Rejected at Key Resistance Again – Is $1.00 Next?

After trading close to $1.20 last week, XRP rose to roughly $1.34 before a pullback to $1.26. The token moved above the upper boundary of a short-term descending channel on the 4-hour chart, a downward-sloping range, while $1.25 support held. On the daily chart, XRP remains in a range established after an August rally from $1.00, with a late-September rejection at $1.70 marking the start of lower highs. Sellers briefly forced XRP below $1.25 at the end of October, with a wick near $1.20, but buying then reversed the decline and the price closed back above that zone.