XRP Price Outlook: Bearish Channel Threatens $1.20 as $1.90–$2.30 MAs Cap

According to the analysis, XRP continues to post lower highs and lows inside a descending channel while trading under the 100-day and 200-day moving averages near $1.90 and $2.30. A rebound from $1.20 did not retake $1.80, and on the BTC pair price hovers around 2,000 sats after rejection at 2,200–2,400.