XRP Technical Outlook – Price Holding Support Inside Falling Channel

XRP continues to trade inside a clear falling channel, with repeated rejections from the upper trendline keeping the overall structure bearish. The price recently bounced from the $1.82–$1.90 major demand zone, which remains the strongest support area on the chart.

However, upside momentum is still limited as XRP struggles to break above the 0.236 Fib level at $2.254, which has acted as a firm resistance in recent sessions.

XRP also trades below all major EMAs:

20 EMA: 2.142

50 EMA: 2.285

100 EMA: 2.443

200 EMA: 2.482

These EMAs are sloping downward and stacked above the price, confirming sustained bearish pressure.

A breakout from the falling channel and a daily candle close above $2.254 (0.236 Fib) would be the first sign of a potential trend reversal. If this happens, price could target:

$2.523 (0.382 Fib)

$2.741 (0.5 Fib)

$2.958 (0.618 Fib)

$3.267 (0.786 Fib)

Major resistance remains at $3.66, the 1.0 Fib swing high.

On the downside, losing the $1.82 support could trigger a deeper decline, putting XRP at risk of a sharper correction.

RSI is currently around 44–45, indicating neutral-to-bearish momentum but showing early signs of stabilizing.

📊 Key Levels

Resistance

$2.254 (0.236 Fib – key breakout level)

$2.523 (0.382 Fib)

$2.741 (0.5 Fib)

$2.958 (0.618 Fib)

$3.267 (0.786 Fib)

$3.661 (1.0 Fib)

Support

$1.82 – $1.90 (major demand zone)

Channel lower support (blue trendline)

RSI

44–45: neutral, slightly weak

📌 Summary

XRP is holding above a strong support zone but still trading inside a falling channel with all major EMAs acting as resistance. A breakout above $2.254 is essential to confirm any bullish reversal. Until then, momentum remains weak and the trend continues lower.

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