XRP Technical Outlook: Ripple Holds Major Support as Downtrend Pressure Persists

XRP is currently trading near a critical support zone around $1.77–$1.85, aligning with the Fib 0 level ($1.77) and the lower boundary of the long-term descending channel. Buyers are attempting to defend this region after a prolonged multi-month downtrend that followed strong rejection from the $3.25–$3.65 supply zone.

The sell-off accelerated once XRP lost the 0.382 Fib ($2.49) and 0.236 Fib ($2.21) levels, confirming sustained seller dominance. Price is now trading below all major EMAs, reinforcing the bearish structure:

20 EMA – $1.94

50 EMA – $2.09

100 EMA – $2.28

200 EMA – $2.38

Each of these EMAs now acts as layered resistance on any upside attempt.

The current reaction from $1.77 support suggests short-term stabilization, but overall trend momentum remains weak. The first bullish signal would be a daily close above $2.09–$2.21, where the 50 EMA and 0.236 Fib converge. A stronger recovery would require reclaiming $2.49 (0.382 Fib), followed by $2.71 (0.5 Fib).

A full trend reversal would only be confirmed if XRP breaks above $2.93 (0.618 Fib) and exits the descending channel — a level where previous bullish momentum failed decisively.

On the downside, failure to hold $1.77 would invalidate the current bounce and expose XRP to deeper losses, as structural support below this level is limited.

RSI (14) is currently hovering around the 37–38 zone, remaining below the neutral 50 level. This indicates continued bearish momentum; however, the flattening RSI suggests selling pressure is weakening, increasing the probability of a short-term relief bounce if price holds above key support.

📊 Key Levels

Resistance

$2.09–$2.21 (20–50 EMA + 0.236 Fib)

$2.49 (0.382 Fib)

$2.71 (0.5 Fib)

$2.93 (0.618 Fib)

Support

$1.85–$1.77 (major Fib 0 support)

Below $1.77 — downside risk increases

EMA Levels

20 EMA – $1.94

50 EMA – $2.09

100 EMA – $2.28

200 EMA – $2.38

RSI

RSI (14): 37–38

Below 50 = bearish bias

Stabilizing = potential short-term bounce

📌 Summary

XRP is holding a major long-term support zone after an extended downtrend. While a short-term relief bounce from $1.77–$1.85 is possible, the broader structure remains bearish unless bulls reclaim the $2.21–$2.49 region with strength. A breakdown below $1.77 could open the door to fresh lows.

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