XRP Technical Outlook: Descending Channel Persists as Price Tests Critical Demand

XRP continues to trade inside a well-defined descending channel, maintaining a clear lower high → lower low structure on the higher timeframes. The broader trend remains bearish after repeated rejections from upper Fibonacci supply zones, confirming sustained distribution rather than accumulation.
Following the rejection from the 0.5 Fibonacci level at 2.390, XRP failed to build acceptance and resumed downside momentum. Price then decisively broke below 0.382 (2.090) and later lost 0.236 (1.719) — a key structural level that previously acted as a demand-to-supply flip.
This breakdown confirmed trend continuation, not a temporary pullback.
Today’s Price Action
As of today, XRP is trading near the 1.34–1.45 demand zone, where buyers are attempting a short-term relief bounce. While this area has produced a reaction, the move so far lacks impulsive strength and volume — suggesting the bounce remains corrective rather than the start of a trend reversal.
A failure to hold this demand region would expose XRP to continuation risk toward the macro base at 1.119.
EMA Structure: Sustained Bearish Alignment
20 EMA: 1.544
50 EMA: 1.744
100 EMA: 1.948
200 EMA: 2.150
Price is trading below all major EMAs, confirming persistent bearish pressure across multiple timeframes.
The 1.74–2.15 EMA cluster (50–200 EMA) now represents heavy dynamic resistance. Any move into this zone should be treated as sell-side liquidity unless reclaimed with strong momentum and daily closes above it.
Until then, upside remains corrective.
Fibonacci Structure Breakdown
1.0: 3.661
0.786: 3.117
0.618: 2.690
0.5: 2.390
0.382: 2.090
0.236: 1.719
0 (Macro Base): 1.119
XRP has now lost all key Fibonacci retracement supports and is trading closer to the lower end of the macro range. This positioning keeps downside risk elevated, especially if the current demand zone fails to hold.
Market Structure Overview
✔ Clear descending channel since September
✔ Consistent lower highs & lower lows
✔ Strong impulsive breakdown below 1.72
✔ Relief bounce forming from local demand
For any meaningful structural improvement, XRP must:
Reclaim 1.719 (0.236 Fib)
Break above 2.090 (0.382 Fib)
Close and hold above 2.390 (0.5 Fib)
Without these reclaim levels, the broader structure remains bearish.
RSI Momentum
RSI (14): 32–41
RSI recently bounced from near-oversold territory, indicating short-term relief potential. However, there is no confirmed bullish divergence on the higher timeframe, which limits confidence in sustained upside.
This suggests current momentum is reactive, not trend-changing.
Key Levels to Watch
Resistance
1.719 (0.236 Fib)
2.090 (0.382 Fib)
2.390 (0.5 Fib)
2.690 (0.618 Fib)
Support
1.34–1.45 (local demand zone)
1.119 (macro base / Fib 0)
Final Summary
XRP remains in a confirmed macro downtrend, trading within a descending channel and below all major EMA resistance. While today’s price action shows a short-term bounce from demand, the move lacks the structural strength required for trend reversal.
As long as XRP trades below 1.72–2.09 and beneath the EMA cluster, sellers remain in control. Only a strong reclaim of mid-Fibonacci resistance with volume and acceptance would begin to shift bias.
Until then, rallies should be viewed as corrective moves within a bearish structure, especially in a macro-sensitive environment where #USCoreCPIHitsFour-YearLow continues to influence broader risk sentiment.
Structure controls direction.
Direction controls probability.
Probability controls risk.
📉🔥
$XRP #USCoreCPIHitsFour-YearLow