XRP Technical Outlook: Ripple Stabilizes After Prolonged Downtrend but Remains Below Key Resistance

XRP remains in a corrective consolidation phase after failing to sustain above the $2.70–$2.95 resistance zone, which aligns with the 0.5–0.618 Fibonacci retracement area. Rejection from this region and the continued respect of the descending trend channel confirm that XRP is still trading within a neutral-to-bearish medium-term structure.

Price has recently rebounded from the $1.90–$2.00 demand zone, attempting to stabilize after an extended decline from the $3.60+ highs. This area now represents a critical short-term base for buyers.

EMA Structure (Bearish to Neutral Bias)

20 EMA: $2.048

50 EMA: $2.072

100 EMA: $2.212

200 EMA: $2.332

XRP continues to trade below all major EMAs, with the 20 and 50 EMA acting as immediate dynamic resistance. The EMA structure remains bearish, indicating sellers still control the broader trend. Any upside attempt is likely to face resistance between $2.07–$2.33 unless price reclaims this zone decisively.

Fibonacci & Price Structure

Fib 1.0: $3.66

0.786 Fib: $3.25

0.618 Fib: $2.94

0.5 Fib: $2.71

0.382 Fib: $2.49

0.236 Fib: $2.22

Fib 0: $1.77

XRP failed to hold above the 0.382–0.5 Fib cluster, confirming continuation of the corrective structure. Current price action is holding above the $1.95–$2.00 support zone, which coincides with prior accumulation and the lower boundary of the descending channel.

A breakdown below this level would expose XRP toward the $1.80–$1.77 support area, while a successful hold could allow a relief bounce toward higher resistance levels.

RSI Momentum

RSI is currently trading around 50–55, indicating improving momentum from oversold conditions. While buying interest has increased, RSI remains below strong bullish levels, suggesting stabilization rather than a confirmed trend reversal.

📊 Key Levels

Resistance

$2.05–$2.10 (20 & 50 EMA zone)

$2.22 (0.236 Fib)

$2.49 (0.382 Fib)

$2.71 (0.5 Fib)

$2.94 (0.618 Fib)

Support

$2.00–$1.95 (major demand zone)

$1.80–$1.77 (next downside support)

RSI: 50–55 — neutral with mild recovery bias

📌 Summary

XRP is consolidating after a prolonged corrective decline, holding above a critical demand zone near $2.00. While downside momentum has slowed and RSI shows recovery, the broader structure remains bearish below $2.30–$2.50.

A sustained recovery requires XRP to reclaim $2.22 and stabilize above $2.49–$2.71, while a breakdown below $1.95 would likely trigger another downside leg toward $1.77.

$XRP
#CryptoMarketWatch