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XRP Technical Outlook: Price Compresses Near Cycle Lows as Bearish Structure Holds
XRP remains under sustained corrective pressure after failing to reclaim the $2.70–$2.95 resistance zone, which coincides with the 0.5–0.618 Fibonacci retracement cluster. Persistent rejection from the descending trendline and repeated failures below key exponential moving averages continue to reinforce a neutral-to-bearish medium-term bias.
Price is currently consolidating in the $1.90–$2.00 range, holding just above the cycle base support near $1.77. This price behavior reflects market indecision—selling press
XRP remains under sustained corrective pressure after failing to reclaim the $2.70–$2.95 resistance zone, which coincides with the 0.5–0.618 Fibonacci retracement cluster. Persistent rejection from the descending trendline and repeated failures below key exponential moving averages continue to reinforce a neutral-to-bearish medium-term bias.
Price is currently consolidating in the $1.90–$2.00 range, holding just above the cycle base support near $1.77. This price behavior reflects market indecision—selling press
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