After XRP has been consolidating at a high level, bullish momentum is gradually weakening, and bears are attempting to dominate short-term trends. From multiple cycles, the price has shown signs of weakening, and if key support is lost again, a new round of correction may occur.
This analysis starts from the daily, 4-hour, and 1-hour charts, combining Bollinger Bands, moving average systems, and MACD indicators to analyze market trends in detail and provide clear operational suggestions.
📉 Technical analysis
🔻 Daily level: Top formation is clearly dulling, trending bearish
XRP has continuously retreated after touching a high of 2.655; MACD shows a death cross at high levels, with green bars continuously expanding, and a top pattern has emerged at the daily level.
The current price is near the middle band of the Bollinger Bands; if the middle band (approximately 2.515) is lost, it will test the lower band (2.45-2.48 range).
MA30 is flat, MA100 is still biased downward, and a bearish arrangement in short to mid-term moving averages is beginning to take shape.
📌 Conclusion: Upward momentum is exhausted, and the daily structure is no longer favorable for sustaining bullishness; rebounds should be shorted at highs.
🔻 4-hour level: Weak rebound, oscillating downward
The current K-line is in the stage of testing the lower band of the Bollinger Bands, but the rebound is pressed at the middle band, with multiple attempts to rise lacking volume.
MACD double line death cross is trending down, green bars are still expanding, and the mid-term structure's weakening has been confirmed.
In the moving average system, MA7 has crossed below MA30 and is about to cross below MA100, confirming the bearish trend.
📌 Conclusion: The overall mid-term structure has been damaged; the downward trend is evident, and the main tone is to short at highs.
🔻 1-hour chart: Weak rebound, bearish pressure effective
The Bollinger Bands are in a contracting state, and K-line has been blocked twice at the middle band during rebounds; it has now started to turn down.
MACD oscillating below the zero axis; although there is a short-term rebound, the volume is insufficient, and the death cross structure remains.
MA30 and MA100 show significant resistance, with the market moving downward in a step-like manner.
📌 Conclusion: The short-term trend is hard to reverse; the rebound height is limited and has gradually tilted towards a bearish structure.
🧭 Operational suggestion (mainly bearish)
Current direction: Short
Opening range: 2.54-2.55
First support level: 2.50
Second support level: 2.46
Support level: 2.59
If the price breaks above 2.58 with volume and firmly stands above 2.60, the short-term bearish strategy should be terminated, and wait for new structural confirmation before entering.
✅ Summary
XRP's current technical setup shows a typical top structure, both daily and short-term cycles have weakened. The rebound lacks volume, and support is frequently tested, making the shorting logic clear. The short-term target looks towards 2.46, and it is advised to strictly control positions, enter in batches, and have clear take-profit and stop-loss levels to avoid counter-trend operations.
