XRP Technical Outlook: Price Stabilizes but Downtrend Still Dominant

XRP continues to trade inside a large descending channel, with price respecting both upper and lower trendline boundaries. The recent bounce from the $1.85–$1.90 demand zone has slowed bearish momentum, but the market structure remains firmly in a downtrend as long as price stays below major resistance levels.

The rejection from the 0.236 Fibonacci level ($2.254) shows sellers are still active, and XRP is struggling to break above the short-term resistance zone around $2.20–$2.25.

All key EMAs (20 / 50 / 100 / 200) are positioned above current price and acting as dynamic resistance:

20 EMA: $2.204

50 EMA: $2.356

100 EMA: $2.503

200 EMA: $2.514

A meaningful trend reversal only begins once XRP can reclaim these EMAs one by one and break outside the descending channel.

Key Resistance Levels

XRP must break these levels to shift momentum:

$2.25 (0.236 Fib) – immediate resistance

$2.52 (0.382 Fib + 200 EMA cluster)

$2.74 (0.5 Fib)

$2.95 (0.618 Fib)

$3.26 (0.786 Fib)

A major bullish breakout would require a close above $3.66, the top of the Fib range.

Key Support Levels

If XRP loses its recent support zone, downside targets open up:

$2.00–$1.90 (current support range)

$1.82 (Fib 0 level) – major downside target

Below $1.82, channel breakdown risk increases

RSI

47.24 — improving, but still under neutral 50

Suggests mild relief but no confirmed bullish momentum yet

📌 Summary

XRP is attempting to stabilize within the $1.90–$2.20 zone, but the broader market structure remains bearish as long as price stays inside the descending channel and below major EMAs.

For buyers to regain control, XRP must break above:

$2.25 → $2.52 → $2.74 → $2.95

Failure to maintain current support could send XRP back toward $1.82, the next major downside target.

$XRP
#DecemberRateCutForecast