#CryptoMarketMildlyRebounds XRP Technical Outlook: Price Stabilizes at Major Demand Within Bearish Structure

XRP continues to trade under sustained bearish pressure, respecting a well-defined descending channel following a strong rejection from the $3.45–$3.66 supply zone near the Fib 1.0 extension. That rejection marked a clear distribution phase and initiated the current corrective trend.
The breakdown below the $2.95–$2.74 region (0.618–0.5 Fib) accelerated downside momentum, pushing price beneath all major EMAs and confirming short- to medium-term bearish control.
EMA Structure (Bearish Alignment)
20 EMA: $1.96
50 EMA: $2.11
100 EMA: $2.30
200 EMA: $2.40
All EMAs remain downward-sloping and positioned above price, reinforcing strong dynamic resistance on any rebound.
XRP is now testing the $1.85–$1.82 major demand zone, aligned with the lower boundary of the descending channel. Selling pressure appears to be moderating, suggesting potential for short-term consolidation or a technical relief bounce.
For stabilization, bulls must reclaim $2.25 (0.236 Fib) on a daily close. A stronger recovery would require acceptance above $2.52 (0.382 Fib) and $2.74 (0.5 Fib), where prior breakdowns occurred. A true trend reversal would only be validated above $2.96 (0.618 Fib), which remains unlikely without broad market strength.

Failure to hold the $1.82 support would expose XRP to deeper downside toward the $1.70–$1.65 macro demand zone.
RSI is hovering near 39, indicating weak momentum but early signs of stabilization, consistent with consolidation rather than aggressive selling.
Key Levels
Resistance:
$2.25 → $2.40 → $2.52 → $2.74 → $2.96
Support:
$1.85–$1.82
$1.70–$1.65
Outlook
XRP is consolidating at a critical long-term demand zone within a broader bearish structure. While short-term upside relief is possible, the macro trend remains bearish unless price decisively reclaims the $2.52–$2.74 resistance region. A breakdown below $1.82 would significantly increase downside risk.
$XRP
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