The mid-band (20-day SMA) is acting as dynamic resistance, while horizontal support sits near $1.35–$1.30. A breakdown below this zone could open the door toward $1.15 and potentially $1.05, where previous demand emerged. On the bullish side, a breakout above $1.51 and a reclaim of channel resistance could trigger a relief rally toward $1.80–$1.90. However, declining OBV suggests buying pressure remains weak, keeping bears in control for now.
Wrapping it Up!
At this stage, XRP appears to be at a decision point rather than in a confirmed reversal. The steady decline in volume support and the broader downtrend suggest that upside moves may face selling pressure unless buyers step in with conviction. A short-term bounce is possible due to compressed volatility, but unless XRP reclaims key resistance with strong follow-through, the risk of another downside sweep remains. The next move will likely be sharp, but confirmation is essential before positioning aggressively.
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