RKS138
Technical Outlook: XRP Still Trading Under Heavy Selling Pressure
XRP remains under pressure after extending its long-term downtrend, with price continuing to respect the descending trendline and trading below all major moving averages. Although buyers are attempting to defend the $1.00–1.06 demand zone, the overall market structure remains bearish until key resistance levels are successfully reclaimed.
📈 EMA Structure (Bearish)
20 EMA: $1.1026
50 EMA: $1.1859
100 EMA: $1.2937
200 EMA: $1.5062
XRP is trading below the 20 EMA, indicating sellers remain in control.
The 50 EMA, 100 EMA, and 200 EMA continue to act as strong dynamic resistance.
A sustained move above $1.10–1.19 would be the first sign of improving short-term momentum.
👉 The short-term trend remains weak, while the higher timeframe structure still favors the bears.
📐 Fibonacci & Market Structure
XRP remains well below the 0.236 Fibonacci level at $1.5656, confirming that the broader downtrend is still intact.
Price continues to make lower highs and lower lows, respecting the descending trendline.
Buyers are attempting to defend the $1.00–1.06 demand zone, but no bullish reversal has been confirmed yet.
Bullish targets:
$1.10
$1.13
$1.18 (50 EMA)
$1.24
Bearish scenario:
Losing the $1.00–1.06 support zone could expose lower liquidity and extend the current downtrend.
🧠 ICT / Smart Money View
The recent Break of Structure (BOS) confirms that sellers remain in control.
Price is consolidating below a key supply zone after being rejected from the descending trendline.
A confirmed Market Structure Shift (MSS) above $1.13–1.18 would increase the probability of a larger recovery rally.
📉 RSI Momentum
RSI (14): 43.74
RSI has recovered from recent oversold conditions but remains below the neutral 50 level.
A move above 50 would strengthen bullish momentum, while rejection below 50 could trigger another wave of selling.
📊 Key Levels
🔴 Resistance
$1.10
$1.13
$1.18 (50 EMA)
$1.24
🟢 Support
$1.06
$1.00 (Major psychological support)
📌 Final Outlook
XRP remains in an established downtrend, trading below the descending trendline and all major moving averages. Although buyers are trying to stabilize price near the $1.00–1.06 support zone, trend reversal confirmation is still absent.
✅ Holding above $1.00–1.06 keeps the possibility of a short-term recovery bounce alive.
✅ A breakout above $1.13–1.18 would boost bullish momentum and open the door for a stronger recovery.
❌ Losing the $1.00 support zone is likely to trigger further decline.
Overall Bias: Bearish (Short-term). XRP remains under heavy selling pressure, and a meaningful trend reversal requires a decisive breakout above the descending trendline and the 50 EMA.
$XRP #GateCardPointsSystemLaunched
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