XRP Technical Outlook: Breakdown From Channel Support, Entering Deep Corrective Phase

XRP has been rejected from the $3.20–$3.66 macro supply zone (0.786–1 Fib) and remains in a broader corrective structure after the cycle distribution top. Price continues to respect a descending / corrective channel, producing lower highs and weak recovery attempts.

Recent price action shows XRP losing the $2.01–$1.90 support cluster (0.236 Fib) and flushing into the $1.48–$1.60 macro demand base, where buyers are now attempting to slow downside momentum. However, overall structure remains bearish.

EMA Structure (Bearish Bias, No Trend Reversal Yet)

20 EMA: $1.764
50 EMA: $1.909
100 EMA: $2.068
200 EMA: $2.229

XRP is trading below all major EMAs, confirming a bearish medium- to long-term structure. The $2.06–$2.23 zone (100 & 200 EMA) now acts as major dynamic resistance.

Fibonacci & Price Structure

1 Fib: $3.661
0.786 Fib: $3.200
0.618 Fib: $2.839
0.5 Fib: $2.585
0.382 Fib: $2.331
0.236 Fib: $2.017
Fib 0: $1.500

XRP has lost the 0.236 Fib ($2.017) and is now trading near the Fib 0 base ($1.50) — a deep retracement zone after the cycle top.

A sustained reclaim of $2.02–$2.33 would be required to shift structure back toward neutral.

Structural Context

Price remains inside a corrective descending channel, with no confirmed base yet. Short-term demand is visible near $1.48–$1.60, but XRP must build a range before any bullish structure can develop.

A daily close above $2.02–$2.33 would be the first signal of structural improvement.

RSI Momentum

RSI (14): 24

RSI is near oversold territory, showing strong bearish momentum dominance. Relief bounces are possible, but momentum does not yet support a trend reversal.

📊 Key Levels

Resistance
• $2.02 (0.236 Fib)
• $2.33 (0.382 Fib)
• $2.58 (0.5 Fib)
• $2.84 (0.618 Fib)

Support
• $1.60–$1.48 (macro demand)
• $1.50 (Fib 0 / cycle base)

📌 Summary

XRP has completed a distribution → breakdown → markdown sequence from the 2025 highs. Price is now trading in a deep corrective phase with heavy resistance overhead. Until XRP can reclaim and hold above $2.02–$2.33, the structure remains bearish and corrective, not bullish.

$XRP ‌