Technical Outlook: XRP Remains Trapped Below Key Resistance as Bears Retain Market Control

XRP continues to trade under strong bearish pressure despite attempting to stabilize above the major macro support zone around $1.00–$1.13. After a prolonged series of lower highs and lower lows, price remains below all major moving averages while consolidating inside a descending structure.

Although buyers have defended the recent lows and momentum has improved slightly, the broader trend remains bearish until XRP reclaims the major resistance cluster overhead.

📈 EMA Structure (Bearish)

20 EMA: $1.174

50 EMA: $1.248

100 EMA: $1.346

200 EMA: $1.553

Price remains below all major EMAs ❌

20 EMA continues acting as immediate dynamic resistance.

50 & 100 EMA are rejecting every recovery attempt.

200 EMA remains the primary macro trend barrier.

👉 XRP must reclaim the EMA cluster before any sustainable bullish reversal can be confirmed.

📐 Fibonacci & Market Structur#MyGateTradeStory

Price remains below the 0.236 Fibonacci level at $1.5656.