XRP Technical Outlook: Price Rebounds from Demand Zone but Trend Still Bearish
XRP continues to trade inside a descending channel, consistently forming lower highs and lower lows since August. Recently, price found support at the $1.90–$1.95 demand zone, triggering a short-term bounce, but momentum remains weak as XRP stays below all major EMAs.
The rebound stalled near the 0.236 Fib level at $2.254, which now acts as immediate resistance. A daily close above this level is essential for bullish momentum to develop. Until then, sellers remain in control, especially with the 20 EMA ($2.183), 50
XRP continues to trade inside a descending channel, consistently forming lower highs and lower lows since August. Recently, price found support at the $1.90–$1.95 demand zone, triggering a short-term bounce, but momentum remains weak as XRP stays below all major EMAs.
The rebound stalled near the 0.236 Fib level at $2.254, which now acts as immediate resistance. A daily close above this level is essential for bullish momentum to develop. Until then, sellers remain in control, especially with the 20 EMA ($2.183), 50
XRP-1.79%


































