XRP Technical Outlook: Price Holds Macro Demand While Descending Channel Controls Trend

XRP remains in a firm bearish structure, trading inside a well-defined descending channel following a strong rejection from the $3.45–$3.65 supply zone, where price topped near the Fib 1.0 level ($3.66). This rejection confirmed a macro distribution phase and initiated a prolonged corrective move.

The sell-off accelerated once XRP lost the $2.95–$2.74 region (0.618–0.5 Fib), pushing price decisively below all major EMAs and reinforcing bearish control.

EMA Structure (Strong Bearish Alignment)

20 EMA – $2.014

50 EMA – $2.171

100 EMA – $2.350

200 EMA – $2.429

All EMAs are sloping downward and stacked above price, meaning every recovery attempt continues to face heavy dynamic resistance within the descending channel.

XRP is currently consolidating near the $1.85–$1.90 major demand zone, aligning closely with the Fib 0 level at $1.82. This zone has historically acted as strong support, and current price action suggests selling pressure is slowing, increasing the probability of a short-term relief bounce.

For bulls, the first key level to reclaim is $2.25 (0.236 Fib). A daily close above this level would signal early stabilization. A stronger recovery would require a break above $2.52 (0.382 Fib), followed by a reclaim of $2.74 (0.5 Fib) — a major prior support now acting as resistance.

A full trend reversal would only be confirmed if XRP regains $2.96 (0.618 Fib) and breaks above the descending channel — a scenario that currently remains unlikely without broader market strength.

On the downside, a clean breakdown below $1.82 would invalidate the current base and expose XRP to $1.60–$1.50, where deeper historical demand resides.

RSI is currently near 32, reflecting weak momentum approaching oversold conditions, consistent with consolidation rather than aggressive capitulation.

📊 Key Levels

Resistance

$2.014 (20 EMA)

$2.171 (50 EMA)

$2.254 (0.236 Fib)

$2.523 (0.382 Fib)

$2.741 (0.5 Fib)

$2.958 (0.618 Fib)

$3.267 (0.786 Fib)

Support

$1.85–$1.90 (major demand zone)

$1.82 (Fib 0)

$1.60–$1.50 (extended downside support)

RSI

32 — weak momentum, nearing oversold territory

📌 Summary

XRP is holding above a critical long-term demand zone while remaining locked inside a bearish descending channel. Although selling pressure has eased and a short-term bounce is possible, the broader structure remains bearish unless XRP reclaims the $2.50–$2.75 resistance zone with strength. A breakdown below $1.82 would expose XRP to further downside risk.

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