XRP Technical Outlook: Consolidation Above Macro Support Within Descending Channel

XRP remains in a broader corrective structure after failing to hold above the $2.39–$2.69 resistance cluster (0.5–0.618 Fibonacci zone).

Price continues to respect a well-defined descending channel, forming consistent lower highs and lower lows since the rejection near $3.60.

After breaking below 0.236 ($1.719), XRP dropped sharply toward the macro base and is now consolidating near $1.34–$1.40, attempting short-term stabilization.

This region is a key decision zone for the next directional move.

EMA Structure (Bearish Alignment)

20 EMA: $1.510

50 EMA: $1.699

100 EMA: $1.909

200 EMA: $2.123

XRP is trading below all major EMAs, confirming continued bearish trend alignment.

The $1.50–$1.70 zone (20 & 50 EMA cluster) now acts as immediate dynamic resistance, while broader structural resistance remains between $1.90–$2.12.

Any upside move into these areas is likely corrective unless reclaimed with strong momentum and daily acceptance.

Fibonacci & Price Structure

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 (Macro Base): $1.119

XRP failed to hold above the 0.382–0.5 region, confirming structural weakness.

The decisive breakdown below 0.236 ($1.719) accelerated bearish momentum toward the macro base at $1.12.

Current consolidation between $1.34–$1.40 suggests temporary absorption of selling pressure.

A breakdown below $1.34 could expose XRP to the $1.12 macro support, while holding this level may allow a relief bounce toward $1.50–$1.70.

RSI Momentum

RSI (14) is currently around 37, indicating weak but stabilizing momentum.

RSI remains below the 50 equilibrium level, confirming that the broader structure is still corrective rather than bullish reversal.

📊 Key Levels

Resistance

$1.50–$1.70 (20 & 50 EMA + channel mid-zone)

$1.719 (0.236 Fib)

$2.090 (0.382 Fib)

$2.390 (0.5 Fib)

Support

$1.34–$1.40 (local consolidation zone)

$1.119 (macro base / Fib 0)

RSI: 37 — weak / stabilizing

📌 Summary

XRP is consolidating above macro support inside a broader descending channel structure.

While downside momentum has slowed, the overall trend remains bearish below $1.72–$1.90.

A sustained recovery requires XRP to reclaim $1.719 (0.236) and break the descending channel structure.
Failure to hold above $1.34 would likely trigger continuation toward the $1.12 macro base.

$XRP ‌#BiggestCryptoOutflowsSince2022