XRP’s Leverage Has Been Flushed Out, But Price Is Still Holding: Find Out What Follows That Setup
XRP is struggling to hold the $1.35 level as the market consolidates in a range that has defined the price structure for weeks without resolving in either direction. The patience required to hold through this kind of sideways action is real — and a CryptoQuant report has just identified a structural condition beneath the surface that reframes what the current consolidation is actually building toward. The most important development is the formation of a horizontal support zone between $1.25 and $1.35. This area has now been tested multiple times since February and continues to hold. Indicating consistent demand stepping in to absorb selling pressure. Each rejection below this zone has been met with relatively quick recoveries, reinforcing its structural importance.Related Reading
However, the moving averages continue to act as overhead resistance. XRP remains below the 50-day, 100-day, and 200-day moving averages, all of which are trending downward or flattening. This alignment confirms that the macro trend has not yet shifted, and rallies into the $1.50–$1.70 region are still being sold.
Volume also reflects a lack of conviction. The spike during the initial breakdown has not been followed by sustained accumulation, with recent activity showing muted participation.
XRP is compressing at range lows. A reclaim of $1.50 is needed to challenge the downtrend. While a break below $1.25 would likely trigger another leg lower.
Featured image from ChatGPT, chart from TradingView.com
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