The recent drop extended toward the $1.15–$1.06 demand zone, where buyers finally stepped in. That bounce helped stabilize price, but it hasn’t yet shifted momentum back to bullish. Volume expanded significantly during the sell-off as traders were actively exiting positions. The On-Balance Volume (OBV) continues to trend lower, suggesting capital is still flowing out instead of rotating back in.
Meanwhile, the DMI indicator shows bearish pressure remains dominant. The negative directional index is elevated, and trend strength hasn’t faded yet. In simple terms, sellers still have control for now.
The Key Levels That Matter Now
XRP is at a short-term decision point.
- $1.58–$1.60 is the first level bulls need to reclaim. A strong close above this zone would signal that buyers are regaining confidence.
- Above that, the next resistance stands near $1.80, followed by $1.98–$2.18.
On the downside:
- Losing $1.40 could invite renewed selling pressure.
- A break below $1.15 may open the door toward $1.06 again.
- If that fails, the chart risks sliding toward sub-$1 territory.
What Happens Next for the XRP Price Rally?
Right now, the XRP price is trying to stabilize after a sharp flush. The bounce from lower support is encouraging, but momentum hasn’t flipped yet. For bulls to regain control, the price needs to reclaim resistance with steady volume, not just a weak rebound. Until then, the structure remains cautious.
The next few daily closes will be critical. Either this becomes a healthy pullback before another push higher, or it turns into a broader corrective phase.
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