Technical View: XRP Attempts to Stabilize, but Bears Still Control the Trend

XRP is attempting to stabilize after holding the $1.00–1.04 demand zone, with price recovering toward $1.04. Although buyers have stepped in near recent lows, XRP continues to trade below all major moving averages and remains within a long-term descending channel, keeping the overall outlook bearish.
📈 EMA Structure (Bearish)
20 EMA: $1.1167
50 EMA: $1.2054
100 EMA: $1.3121
200 EMA: $1.5239
Price remains below all four key EMAs.
The 20 EMA acts as the first dynamic resistance.
The 50, 100, and 200 EMAs continue to slope downward, confirming the dominant bearish trend.

👉 XRP needs to reclaim the $1.12–1.21 resistance zone to improve short-term momentum and increase the probability of a stronger recovery.
📐 Fibonacci & Market Structure
Price remains below the 0.236 Fibonacci level at $1.5656, confirming that the macro structure is still bearish.
The recent bounce from the $1.00–1.04 support zone shows that buyers are defending a key demand area.
However, XRP continues to print lower highs while respecting the descending trendline, meaning no confirmed bullish reversal.

A relief rally could target:
$1.12 (20 EMA)
$1.15
$1.21 (50 EMA)
$1.31 (100 EMA)

Failure to hold current support could lead to:
$1.02
$1.00
$0.95–0.90 if bearish momentum accelerates.

🧠 ICT / Smart Money View
Sell-side liquidity below recent lows has been largely swept, triggering a short-term reaction from buyers.
Several Fair Value Gaps (FVG) remain above the current price and could draw price higher if momentum improves.
Market Structure Shift (MSS) remains bearish, with no confirmed Break of Structure to the upside.
Price is still trading within a descending channel, indicating that the current bounce is likely corrective unless key resistance is reclaimed.

📉 RSI Momentum
RSI (14): 31.2
RSI has recovered slightly from deeply oversold conditions.
Momentum remains weak and below the neutral 50 level.
A sustained move above 50 would strengthen the case for a broader recovery.

📊 Key Levels
🔴 Resistance
$1.1167 (20 EMA)
$1.15
$1.2054 (50 EMA)
$1.3121 (100 EMA)
$1.5239 (200 EMA)

🟢 Support
$1.04–1.00 (Immediate support)
$0.95
$0.90 (Major support)

📌 Final View
XRP is showing early signs of stabilization after holding the $1.00–1.04 support zone, but the broader trend remains bearish. Price is still trading below all key EMAs, below key Fibonacci resistance, and within a descending channel.
✅ A sustained move above $1.12–1.21 would improve the short-term outlook and could trigger a recovery toward $1.31.
✅ Reclaiming $1.31 would be the first meaningful signal that the broader bearish structure is weakening.
❌ Losing the $1.00 support zone could expose $0.95–0.90 on the next leg down.