XRP Technical Outlook: Price Compresses Near $1.90–$2.00 as Descending Channel Remains Intact
XRP continues to trade within a well-defined descending channel, reflecting a sustained corrective phase following the rejection from the $3.60 cycle high. Recent price action shows short-term stabilization near the lower boundary, but the broader structure remains bearish below key Fibonacci and EMA resistance levels.
At present, XRP is attempting to build a base above $1.88–$1.90, though upside momentum remains limited.
EMA Structure (Bearish Alignment)
20 EMA: 2.008
50 EMA: 2.048
100 EMA: 2.172
200 EMA: 2.299
Price is trading below all major EMAs, with the 20 and 50 EMA acting as immediate dynamic resistance near the $2.05 region. The 100 and 200 EMA overhead continue to cap upside attempts, confirming that rallies are still corrective in nature.
Fibonacci & Trend Structure
Fib 1.0: 3.661
0.786 Fib: 3.256
0.618 Fib: 2.938
0.5 Fib: 2.715
0.382 Fib: 2.492
0.236 Fib: 2.216
Fib 0: 1.770
XRP remains firmly below the 0.236 Fib at $2.216, which aligns with prior supply and EMA resistance. The descending channel resistance currently converges near $2.10–$2.22, making this a critical rejection zone.
On the downside, the $1.88–$1.77 area represents the primary structural demand. A confirmed breakdown below $1.77 would expose further downside risk.
RSI Momentum
RSI is hovering around 40–48, indicating weak momentum with mild bearish bias. The absence of bullish divergence suggests consolidation rather than reversal at this stage.
📊 Key Levels
Resistance
$2.05–$2.22 (EMA cluster & 0.236 Fib)
$2.49 (0.382 Fib)
$2.71 (0.5 Fib)
Support
$1.90–$1.88 (near-term support)
$1.77 (cycle low / Fib 0)
RSI: 40–48 — neutral to slightly bearish
📌 Summary
XRP remains in a broader corrective downtrend, consolidating near the lower boundary of its descending channel. While selling pressure has eased near $1.88, the market structure stays bearish below $2.22.
A meaningful trend shift would require a decisive breakout above the descending channel and reclaim of $2.49, while failure to hold $1.77 would likely resume the broader downtrend.
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XRP Technical Outlook: Price Compresses Near $1.90–$2.00 as Descending Channel Remains Intact
XRP continues to trade within a well-defined descending channel, reflecting a sustained corrective phase following the rejection from the $3.60 cycle high. Recent price action shows short-term stabilization near the lower boundary, but the broader structure remains bearish below key Fibonacci and EMA resistance levels.
At present, XRP is attempting to build a base above $1.88–$1.90, though upside momentum remains limited.
EMA Structure (Bearish Alignment)
20 EMA: 2.008
50 EMA: 2.048
100 EMA: 2.172
200 EMA: 2.299
Price is trading below all major EMAs, with the 20 and 50 EMA acting as immediate dynamic resistance near the $2.05 region. The 100 and 200 EMA overhead continue to cap upside attempts, confirming that rallies are still corrective in nature.
Fibonacci & Trend Structure
Fib 1.0: 3.661
0.786 Fib: 3.256
0.618 Fib: 2.938
0.5 Fib: 2.715
0.382 Fib: 2.492
0.236 Fib: 2.216
Fib 0: 1.770
XRP remains firmly below the 0.236 Fib at $2.216, which aligns with prior supply and EMA resistance. The descending channel resistance currently converges near $2.10–$2.22, making this a critical rejection zone.
On the downside, the $1.88–$1.77 area represents the primary structural demand. A confirmed breakdown below $1.77 would expose further downside risk.
RSI Momentum
RSI is hovering around 40–48, indicating weak momentum with mild bearish bias. The absence of bullish divergence suggests consolidation rather than reversal at this stage.
📊 Key Levels
Resistance
$2.05–$2.22 (EMA cluster & 0.236 Fib)
$2.49 (0.382 Fib)
$2.71 (0.5 Fib)
Support
$1.90–$1.88 (near-term support)
$1.77 (cycle low / Fib 0)
RSI: 40–48 — neutral to slightly bearish
📌 Summary
XRP remains in a broader corrective downtrend, consolidating near the lower boundary of its descending channel. While selling pressure has eased near $1.88, the market structure stays bearish below $2.22.
A meaningful trend shift would require a decisive breakout above the descending channel and reclaim of $2.49, while failure to hold $1.77 would likely resume the broader downtrend.
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$XRP