XRP Technical Outlook: Price Tests Major Demand as Bearish Channel Remains Intact

XRP remains under sustained bearish pressure, trading within a clearly defined descending channel after a strong rejection from the $3.45–$3.66 supply zone, where price topped near the Fib 1.0 level. This rejection marked a distribution phase and initiated the current corrective downtrend.

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, confirming firm short-to-medium-term bearish control.

EMA Structure (Bearish Alignment)

20 EMA – $1.962

50 EMA – $2.113

100 EMA – $2.299

200 EMA – $2.398

All EMAs are sloping downward and stacked above price, meaning every rebound attempt continues to face strong dynamic resistance.

XRP is currently testing the $1.85–$1.82 major demand zone, which aligns with the lower boundary of the descending channel. This zone has previously acted as strong support, and current price action suggests selling pressure is slowing, increasing the likelihood of a short-term relief bounce.

For bulls, the first key level to reclaim is $2.254 (0.236 Fib). A daily close above this level would signal early stabilization. A stronger recovery would require XRP to break above $2.523 (0.382 Fib) and reclaim $2.741 (0.5 Fib) — where previous breakdowns occurred.

A full trend reversal would only be confirmed if XRP regains $2.958 (0.618 Fib) and holds above it, a scenario that currently remains unlikely without broader market strength.

On the downside, failure to hold the $1.82 support zone would expose XRP to deeper losses toward $1.70–$1.65, the next macro demand area.

RSI is currently around 39, reflecting weak momentum but early stabilization, consistent with consolidation rather than aggressive selling.

📊 Key Levels

Resistance

$2.254 (0.236 Fib)

$2.113 (50 EMA)

$2.299 (100 EMA)

$2.398 (200 EMA)

$2.523 (0.382 Fib)

$2.741 (0.5 Fib)

$2.958 (0.618 Fib)

$3.267 (0.786 Fib)

Support

$1.85–$1.82 (major demand zone)

$1.70–$1.65 (macro support)

RSI

39 — weak momentum, stabilizing

📌 Summary

XRP is consolidating at a critical long-term demand zone after a strong corrective move within a bearish channel. While a short-term relief bounce is possible, the broader structure remains bearish unless XRP reclaims the $2.52–$2.74 resistance region with strength. A breakdown below $1.82 would expose XRP to deeper downside risk.

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