I’m seeing short positions get cleared around $1.4811, and price stayed stable instead of dropping after that squeeze. That reaction indicates sellers were absorbed while buyers defended the level. EP: $1.498 TP1: $1.552 TP2: $1.635 TP3: $1.760 SL: $1.418 Price is sustaining above $1.48, preserving a constructive structure. Upside continuation strengthens as liquidation removes nearby selling pressure. Liquidity rests near $1.60 and $1.70, which can attract further expansion. $XRP ‌

XRP Technical Outlook: Price Stabilizes Near $1.40 After Macro Support Reaction XRP continues trading inside a broader descending channel structure after rejecting from the cycle high near $3.66 (Fib 1.0). The asset has remained under sustained selling pressure as lower highs and lower lows continue to form within the corrective trend. The breakdown below $1.71 (0.236 Fibonacci level) accelerated downside momentum, pushing price toward the macro retracement base near $1.11 (Fib 0). A strong reaction occurred from this demand zone, and XRP is now stabilizing between $1.40–$1.48, forming a tight consolidation range following the impulsive selloff. While short-term stabilization is visible, the broader market structure remains corrective unless key resistance levels are reclaimed. EMA Structure (Bearish Alignment Intact) 20 EMA: $1.409 50 EMA: $1.506 100 EMA: $1.706 200 EMA: $1.961 Price continues to trade below all major EMAs, maintaining a clear bearish stack (20 < 50 < 100 < 200). The $1.40–$1.50 zone now acts as immediate dynamic resistance. Failure to reclaim the 50 EMA suggests that upward moves remain corrective within the broader downtrend. Fibonacci & Market Structure 1.0 Fib (Cycle High): $3.661 0.786 Fib: $3.117 0.618 Fib: $2.690 0.5 Fib: $2.390 0.382 Fib: $2.090 0.236 Fib: $1.719 Fib 0: $1.119 The decisive loss of $1.719 confirmed continuation of the corrective phase. However, the strong defense of the $1.11–$1.35 macro demand zone represents the first significant support reaction since the breakdown. Holding above $1.119 preserves macro structural integrity. A confirmed breakdown below this level would significantly weaken the broader cycle outlook. RSI Momentum RSI (14) is currently near 57, recovering from earlier weakness and moving back above the 50 midline. This suggests improving short-term momentum, though sustained upside continuation still requires price confirmation above key resistance levels. 📊 Key Levels Resistance $1.48 (range top) $1.50–$1.51 (50 EMA) $1.71 (0.236 Fib reclaim zone) Support $1.40 (range base) $1.35 (local demand) $1.11 (macro retracement base) Below $1.11 → structural breakdown risk RSI: 57 — short-term recovery momentum 📌 Summary XRP is currently stabilizing above the $1.11 macro base after a prolonged corrective decline from the upper Fibonacci region. Short-term consolidation around $1.40–$1.48 indicates that selling pressure has slowed. However, the broader structure remains bearish while price trades below the $1.50–$1.71 resistance cluster. A sustained breakout above this zone would begin to neutralize downside pressure, while failure to hold $1.40 could trigger another retest of the $1.11 macro support. $XRP ‌ #CryptoMarketBouncesBack

Currently, SOL can monitor the pressure conditions above and consider attempting a high-altitude entry. Focus on the key resistance levels at 95.5, 97.5, 100.5, 105, and 112. If the pressure at these levels holds without breaking, it may be possible to try a long position. Look at the 3-18 point range for support below.