Bearish Technical Structure Raises Caution for Traders
XRP is showing renewed weakness, with market structure and liquidity patterns indicating a possible retreat toward the $1.50 support region unless buyers reclaim key levels. Recent trading sessions highlight a loss of momentum, while price action on higher timeframes continues to signal vulnerability.
XRP currently trades near the $2.20 zone, but analysts emphasize that the asset must decisively break above $2.23–$2.24 to revive a bullish trend. Until that happens, the market remains exposed to further downside.
Weak Recovery, Strong Resistance
After failing to sustain gains above the previously defended supply zones, XRP has been rejected multiple times from the $2.60–$3.00 resistance band, indicating persistent sell pressure. The chart shows repeated break of structure (BOS) events to the downside, underscoring the dominance of bearish order flow.
Historical Patterns Point to $1.50 Revisit
Technical models comparing the current cycle with past XRP corrections show similarities to the early 2023 structure, where an extended consolidation led to a deeper sweep of liquidity before recovery. The untested demand zone around $1.50–$1.60 remains a major magnet for price if weakness persists.
“Liquidity inefficiencies below current price are stacked,”BitXJournal market analyst said . “A sweep toward $1.50 would reset the chart and potentially fuel the next sustainable impulse.”
Key Levels to Watch
- Immediate support: $2.00
- Major downside target: $1.50–$1.60
- Bullish trigger: $2.23–$2.24 breakout
- Upside continuation level: $2.60+
XRP’s path forward depends heavily on its ability to reclaim lost structure. While long-term sentiment remains constructive among some investors, technicals currently favor caution, with the possibility of a deeper correction still on the table. A decisive move above $2.24 would be the first sign that XRP is regaining strength; otherwise, the market may revisit lower levels in search of liquidity.
Disclaimer
This content is for informational purposes only and does not constitute financial, investment, or legal advice. Cryptocurrency trading involves risk and may result in financial loss.