XRP Technical Outlook: Price Compresses at Channel Support as Bearish Trend Persists

XRP remains in a clear bearish structure, trading inside a well-defined descending channel after a strong rejection from the $3.40–$3.65 macro supply zone, where price topped near the Fib 1.0 level. This rejection marked a major distribution phase, ending the previous bullish impulse.

The downtrend accelerated once XRP lost the $2.94–$2.71 region (0.618–0.5 Fib), confirming a trend reversal and shifting market control firmly to sellers.

EMA Structure (Bearish Alignment)

20 EMA: $1.908

50 EMA: $2.050

100 EMA: $2.241

200 EMA: $2.361

All major EMAs are sloping downward and stacked above price, acting as dynamic resistance. This confirms that the current move remains corrective within a broader bearish trend.

Price Structure & Fibonacci Levels

XRP is currently pressing the lower boundary of the descending channel, consolidating near the Fib 0 level at $1.77, which aligns with a long-term historical demand zone.

0.236 Fib: $2.216 (first key resistance)

0.382 Fib: $2.492

0.5 Fib: $2.715

0.618 Fib: $2.938

0.786 Fib: $3.256

Selling momentum has slowed near current levels, suggesting the potential for a short-term relief bounce, especially if the channel support continues to hold.

For any meaningful recovery, XRP must first reclaim $2.22 (0.236 Fib), followed by $2.49–$2.72, which represents a heavy confluence resistance zone of Fibonacci levels and EMAs.

A true trend reversal would only be confirmed if XRP breaks above $2.94 (0.618 Fib) and exits the descending channel — a scenario that currently requires strong broader market support.

RSI Momentum

RSI (14): 39

RSI remains below the neutral 50 level, indicating weak momentum, but it is not deeply oversold — consistent with controlled selling rather than panic liquidation.

📊 Key Levels

Resistance

$1.91–$2.05 (20 & 50 EMA)

$2.216 (0.236 Fib)

$2.492 (0.382 Fib)

$2.715 (0.5 Fib)

$2.938 (0.618 Fib)

$3.256 (0.786 Fib)

Support

$1.77–$1.85 (channel base / major demand)

$1.77 (Fib 0 – critical support)

$1.60 (extended downside support)

📌 Summary

XRP is trading at critical channel support near a long-term demand zone. While bearish momentum is weakening and a short-term bounce is possible, the broader structure remains bearish unless XRP reclaims the $2.20–$2.70 resistance cluster with strength. A confirmed breakdown below $1.77 would expose XRP to deeper downside risk toward the $1.60 region.

$XRP

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