XRP Technical Outlook: Price Stabilizes Near $1.90 Support as Downtrend Structure Persists


XRP continues to trade within a well-defined descending channel, following a prolonged corrective decline from the $3.60 cycle peak. While price has recently found short-term support near the $1.88–$1.90 demand zone, the broader structure remains bearish-to-neutral, with XRP still capped below key Fibonacci retracement levels and declining moving averages.
The current rebound appears corrective rather than impulsive, and confirmation of a trend shift is still lacking.
EMA Structure (Bearish Alignment)
20 EMA: 2.021
50 EMA: 2.054
100 EMA: 2.178
200 EMA: 2.303
XRP is trading below all major EMAs, with the 20 and 50 EMA acting as immediate resistance. The downward slope of the EMA cluster reflects sustained selling pressure. A meaningful structural improvement would require a clean reclaim of the $2.18–$2.30 zone.
Fibonacci & Price 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, confirming the recovery attempts as corrective. The $2.20–$2.30 region aligns with both Fibonacci resistance and the EMA cluster, making it a critical supply zone.
Failure to reclaim this level keeps downside risk active toward the $1.90–$1.77 support area.
RSI Momentum
RSI is currently fluctuating between 43–50, indicating neutral momentum. This reflects consolidation rather than trend continuation, with no strong bullish divergence evident.
📊 Key Levels
Resistance
$2.05–$2.12 (20/50 EMA zone)
$2.22–$2.30 (0.236 Fib & EMA resistance)
$2.49 (0.382 Fib)
Support
$1.90–$1.88 (short-term demand)
$1.77 (cycle low / Fib 0)
$1.70 (structural downside risk)
RSI: 43–50 — neutral / consolidation
📌 Summary
XRP is consolidating above the $1.90 support zone, but the broader technical structure remains corrective within a descending channel. As long as price stays below $2.22–$2.30, rallies are likely to face selling pressure.
A confirmed trend reversal would require acceptance above the 200 EMA near $2.30, while failure to hold $1.88 could expose XRP to a deeper retracement toward $1.77.
$XRP
#CryptoMarketPullback
XRP-1,63%
post-image
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)