XRP Technical Outlook: Descending Channel, Deep Correction Phase

XRP continues to trade inside a well-defined descending channel, confirming a broader corrective structure after its cycle peak near the $3.66 supply zone (Fib 1). Each recovery attempt has been capped by dynamic trendline resistance and EMA clusters.

Price has now flushed into the $1.10–$1.30 macro demand base, where buyers are attempting to absorb selling pressure. However, structure remains bearish until XRP can reclaim higher levels.

EMA Structure (Bearish Bias, No Trend Reversal Yet)

20 EMA: $1.712
50 EMA: $1.881
100 EMA: $2.051
200 EMA: $2.218

XRP is trading below all major EMAs, confirming bearish medium- to long-term control. The $2.05–$2.22 zone (100 & 200 EMA) is the key dynamic resistance area.

Fibonacci & Price Structure

1 Fib: $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

XRP has broken below the 0.236 Fib ($1.719) and is now trading near the Fib 0 base ($1.119) — a deep retracement from the cycle high.

Structural Context

Price remains locked inside a corrective descending channel, with no confirmed base yet. Short-term demand is visible near $1.10–$1.30, but XRP must build a range before any sustainable bullish structure can form.

A daily close above $1.72–$2.09 would be the first signal of structural improvement.

RSI Momentum

RSI (14): 35

RSI remains below the midline, showing bearish momentum dominance. While oversold conditions have eased slightly, momentum does not yet support a trend reversal.

📊 Key Levels

Resistance
• $1.72 (0.236 Fib / 20 EMA)
• $2.09 (0.382 Fib)
• $2.39 (0.5 Fib)
• $2.69 (0.618 Fib)

Support
• $1.30–$1.10 (macro demand)
• $1.12 (Fib 0 / cycle base)

📌 Summary

XRP remains in a markdown phase within a descending channel. While buyers are attempting to defend the $1.10–$1.30 base, structure remains bearish until XRP can reclaim and hold above $1.72–$2.09.

$XRP ‌#BuyTheDipOrWaitNow?