XRP remains inside a well-defined descending channel, continuing its lower high → lower low structure after rejecting from the upper Fibonacci supply zones.
Price failed to sustain above 0.5 (2.390) and later broke below 0.382 (2.090) and 0.236 (1.719), confirming trend continuation.
Currently, XRP is attempting a short-term bounce from the lower demand region near 1.34–1.45.
EMA Structure (Bearish Alignment)
20 EMA: 1.544
50 EMA: 1.744
100 EMA: 1.948
200 EMA: 2.150
Price is trading below all major EMAs, confirming sustained bearish pressure.
The 1.74–2.15 zone (50–200 EMA cluster) now acts as strong dynamic resistance.
Until reclaimed, upside remains corrective.
Fibonacci Structure
1 Fib: 3.661
0.786: 3.117
0.618: 2.690
0.5: 2.390
0.382: 2.090
0.236: 1.719
0 (Macro Base): 1.119
XRP has lost all key retracement supports and is now trading closer to macro demand.
Failure to hold above 1.34–1.45 opens continuation risk toward the macro base at 1.119.
Current Structure
• Clear descending channel since September
• Consistent lower highs & lower lows
• Strong breakdown below 1.72
• Relief bounce forming from local demand
For structure improvement, XRP must: • Reclaim 1.719 (0.236)
• Break above 2.090 (0.382)
• Close above 2.390 (0.5)
Until then, trend remains bearish.
RSI Momentum
RSI (14): 32–41
RSI bounced from near-oversold levels, suggesting short-term relief is possible.
However, no confirmed bullish divergence on higher timeframe yet.
📊 Key Levels
Resistance
• 1.719 (0.236)
• 2.090 (0.382)
• 2.390 (0.5)
• 2.690 (0.618)
Support
• 1.34–1.45 (local demand zone)
• 1.119 (macro base / Fib 0)
📌 Summary
XRP remains in a confirmed macro downtrend within a descending channel.
Current bounce appears corrective unless price reclaims 1.72–2.09 with strong momentum.
As long as XRP trades below the EMA cluster and mid-Fib resistance, bias remains bearish.
