XRP Technical Outlook: Breakdown From Structure, Entering Deep Corrective Phase
XRP has been rejected from the $3.10–$3.66 macro supply zone (0.786–1 Fib) and has fully transitioned into a broader corrective structure after the cycle distribution top. Price continues to respect a descending corrective channel, printing lower highs and weak recovery attempts. Recent price action shows XRP losing the $1.72 (0.236 Fib) level and flushing into the $1.45–$1.12 macro demand zone, where buyers are now attempting to slow downside momentum. Overall structure remains bearish. EMA Structure (Bearish Bias, No Trend Reversal Yet) 20 EMA: $1.641 50 EMA: $1.831 100 EMA: $2.015 200 EMA: $2.195 XRP is trading below all major EMAs, confirming a bearish medium- and long-term structure. The $2.02–$2.20 zone (100 & 200 EMA) now acts as heavy dynamic resistance. As long as XRP remains below this cluster, any bounce is corrective, not impulsive. 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 lost the 0.236 Fib ($1.719) and is now trading inside a deep retracement zone, with structural gravity pulling price toward the $1.12 Fib 0 base. A sustained reclaim of $1.72–$2.09 would be required to shift structure back toward neutral. Structural Context Price remains inside a descending corrective channel, with no confirmed base yet. Short-term demand is visible near $1.45–$1.12, but XRP must build a range before any bullish structure can develop. A daily close above $1.72 would be the first signal of structural improvement. RSI Momentum RSI (14): 32–36 RSI remains in bearish momentum territory, showing downside dominance. Relief bounces are possible, but momentum does not yet support a trend reversal. 📊 Key Levels Resistance • $1.719 (0.236 Fib / breakdown level) • $2.090 (0.382 Fib) • $2.390 (0.5 Fib) • $2.690 (0.618 Fib) Support • $1.45–$1.12 (macro demand) • $1.119 (Fib 0 / cycle base) 📌 Summary XRP has completed a distribution → breakdown → markdown sequence from the cycle highs. Price is now trading in a deep corrective phase with heavy resistance overhead. Until XRP can reclaim and hold above $1.72–$2.09, the structure remains bearish and corrective, not bullish — with $1.12 acting as the key long-term structural base. $XRP #BuyTheDipOrWaitNow?
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XRP Technical Outlook: Breakdown From Structure, Entering Deep Corrective Phase
XRP has been rejected from the $3.10–$3.66 macro supply zone (0.786–1 Fib) and has fully transitioned into a broader corrective structure after the cycle distribution top. Price continues to respect a descending corrective channel, printing lower highs and weak recovery attempts.
Recent price action shows XRP losing the $1.72 (0.236 Fib) level and flushing into the $1.45–$1.12 macro demand zone, where buyers are now attempting to slow downside momentum. Overall structure remains bearish.
EMA Structure (Bearish Bias, No Trend Reversal Yet)
20 EMA: $1.641
50 EMA: $1.831
100 EMA: $2.015
200 EMA: $2.195
XRP is trading below all major EMAs, confirming a bearish medium- and long-term structure.
The $2.02–$2.20 zone (100 & 200 EMA) now acts as heavy dynamic resistance.
As long as XRP remains below this cluster, any bounce is corrective, not impulsive.
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 lost the 0.236 Fib ($1.719) and is now trading inside a deep retracement zone, with structural gravity pulling price toward the $1.12 Fib 0 base.
A sustained reclaim of $1.72–$2.09 would be required to shift structure back toward neutral.
Structural Context
Price remains inside a descending corrective channel, with no confirmed base yet.
Short-term demand is visible near $1.45–$1.12, but XRP must build a range before any bullish structure can develop.
A daily close above $1.72 would be the first signal of structural improvement.
RSI Momentum
RSI (14): 32–36
RSI remains in bearish momentum territory, showing downside dominance. Relief bounces are possible, but momentum does not yet support a trend reversal.
📊 Key Levels
Resistance
• $1.719 (0.236 Fib / breakdown level)
• $2.090 (0.382 Fib)
• $2.390 (0.5 Fib)
• $2.690 (0.618 Fib)
Support
• $1.45–$1.12 (macro demand)
• $1.119 (Fib 0 / cycle base)
📌 Summary
XRP has completed a distribution → breakdown → markdown sequence from the cycle highs. Price is now trading in a deep corrective phase with heavy resistance overhead. Until XRP can reclaim and hold above $1.72–$2.09, the structure remains bearish and corrective, not bullish — with $1.12 acting as the key long-term structural base.
$XRP #BuyTheDipOrWaitNow?