XRP (XRP) Technical Outlook – XRP Rebounds From Channel Low but Faces Strong Resistance at $2.20–$2.37

XRP has started to recover after touching the lower boundary of the long-term descending channel near $1.82, where buyers stepped in aggressively. This level has acted as structural support throughout the entire downtrend. Price is now trading around $2.15–$2.20, attempting to break back into the mid-range.

The rebound has allowed XRP to reclaim the 20 EMA ($2.209), a first sign of short-term momentum shifting. However, it remains below the 50 EMA ($2.370), 100 EMA ($2.516), and 200 EMA ($2.521) — a heavy cluster of resistance that must be cleared before any meaningful trend reversal.

The first major resistance sits at $2.20–$2.25, aligning with the 0.236 Fib retracement. A move above this zone would expose the next barrier at $2.37 (50 EMA). The strongest rejection zone remains $2.50–$2.52, where the 100 EMA, 200 EMA, and channel midline converge.

Above $2.52, XRP could target $2.74 (Fib 0.50), $3.05 (Fib 0.618), and even $3.36–$3.66, the high-timeframe supply zone.

On the downside, immediate support rests at $2.05–$2.10, with stronger support at $1.95–$1.98. Losing $1.82 would break the channel structure and expose a deeper bearish continuation.

RSI at 47.73 (purple) and 40.47 (yellow MA) shows improving but still neutral momentum, suggesting upside is possible—but resistance levels remain critical.

📊 Key Levels

Resistance:
$2.20 → $2.37 (50 EMA) → $2.516 (100 EMA) → $2.521 (200 EMA) → $2.74 → $3.05 → $3.36–$3.66

Support:
$2.10 → $2.05 → $1.95 → $1.82 (major channel support)

EMA Levels:
20 EMA – 2.209
50 EMA – 2.370
100 EMA – 2.516
200 EMA – 2.521

RSI:
47.73 & 40.47 — Improving but still neutral

📌 Summary

XRP is attempting a recovery from its channel low near $1.82, reclaiming the 20 EMA but facing strong resistance ahead. A breakout above $2.50–$2.52 is crucial to confirm a shift toward bullish structure, while losing $1.82 would risk a deeper decline.

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