XRP Technical Outlook: Price Holds Key Support but Downtrend Still Dominant

XRP is trading inside a clear descending channel, with price repeatedly getting rejected from the upper trendline and forming lower highs since August. Recently, XRP bounced from the $1.82–$1.90 support region, creating a temporary base and preventing deeper downside.

However, the broader trend remains bearish as XRP continues to trade below all major EMAs —
20 EMA ($2.201), 50 EMA ($2.349), 100 EMA ($2.496), and 200 EMA ($2.511).
These EMAs are clustered tightly and act as heavy dynamic resistance overhead.

XRP is currently struggling near the 0.236 Fib level at $2.254, which is the first major resistance bulls need to reclaim. A daily close above this level would be the first sign of short-term strength.

Above that, the key resistance levels sit at:

$2.52 (0.382 Fib)

$2.74 (0.5 Fib)

$2.95 (0.618 Fib)

$3.26 (0.786 Fib)

This entire zone aligns with the descending channel top, making it the main reversal zone for a larger bullish trend.

If XRP fails to flip $2.25, price may revisit the support block around $1.90–$1.95.
A breakdown below $1.82 (major swing low) risks a sharper decline toward the next psychological support near $1.70.

RSI remains weak at 45.82, indicating slight improvement but still below the midline — meaning momentum favors sellers unless a breakout occurs.

📊 Key Levels

Resistance

$2.25 (0.236 Fib)

$2.52 (0.382 Fib)

$2.74 (0.5 Fib)

$2.95 (0.618 Fib)

$3.26 (0.786 Fib)

Support

$1.95–$1.90

$1.82 (major swing low)

RSI

45.82 — Weak but improving momentum

📌 Summary

XRP is holding important support within a downward channel, but remains bearish below the EMA cluster and key Fib levels. A breakout above $2.25 could start short-term recovery, while clearing $2.74–$2.95 is essential for a strong trend reversal. Failure to hold current support risks a drop toward $1.82 or lower.

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