XRP Holds $1.90 as Bullish Divergence Builds Below Key 20 EMA Resistance

⬤ XRP has been grinding lower on the daily chart, printing consecutive lower lows while momentum indicators tell a different story. The daily 20 EMA remains the line in the sand—price keeps getting rejected there, failing to reclaim this moving average that would signal a shift in control. Without a clean break above this level, bullish momentum stays sidelined and the downtrend structure holds.

⬤ Price action continues respecting a descending trendline, reinforcing the short-term bearish bias. Every push higher meets selling pressure near that dynamic resistance, keeping XRP locked in a pattern of lower lows. But here’s the thing—around the $1.90 zone, sellers aren’t pressing as hard anymore. It’s not that buyers have taken over, but the aggressive downside momentum is clearly fading. The market feels cautious, stuck in neutral rather than actively trending down.

⬤ The momentum picture is where things get interesting. RSI on the daily timeframe is forming higher lows even as price makes lower lows—that’s textbook bullish divergence. It suggests the selling pressure underneath is weakening, even though price hasn’t confirmed it yet. The longer XRP stays squeezed between that descending price trendline and the rising RSI trendline, the more tension builds. These compressed setups often lead to sharp moves once something finally breaks.

⬤ This zone matters because XRP is sitting at a crossroads. A sustained push above the daily 20 EMA would flip short-term conditions and likely shift sentiment in favor of buyers. But if rejection continues here, price could slide back toward the lower trendline and extend the consolidation. How this divergence resolves will set the tone for the next leg—traders are watching to see if momentum strength can finally translate into actual price follow-through.