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- XRP faces resistance at $2.70–$2.75; failure to break could lead to new lows.
- RSI below 50 and MACD bearish cross signal continued downward momentum.
- Corrective A-B-C pattern and channel structure suggest trend remains bearish.
XRP has been under heavy selling pressure since its peak at $3.66 in July 2025. After gradually declining, the drop accelerated in October, pushing the price to a low of $1.25. A bounce followed, creating a long lower wick that temporarily stabilized the price above the $2 horizontal support. Despite this, XRP remains in a corrective channel, leaving traders cautious about the sustainability of any rebound.
Technical Signals Point Lower
Technical indicators suggest caution. The Relative Strength Index (RSI) sits below 50, and the MACD shows a bearish crossover—classic signs of downward momentum. XRP’s trading inside an ascending parallel channel adds further uncertainty, as such channels often act as corrective patterns. Unless the price rises above the channel’s midline and clears the $2.70–$2.75 resistance zone, further declines are likely.
Why the Trend Is Bearish
XRP’s price movement since 2020 reveals a completed A-B-C corrective structure. Wave C measured roughly 0.618 times Wave A, a pattern often signaling a temporary top. Additionally, XRP briefly surpassed long-term horizontal resistance near $2.90, another bearish indicator suggesting the rally may have exhausted itself. Traders are wary that a breakdown from the channel could confirm new lows and potentially end the current bullish cycle.
Also Read: Brale Brings Regulated Stablecoins to XRP Ledger
Is a Reversal Possible?
Daily charts show XRP attempting to overcome short-term resistance, but repeated failures indicate bulls are losing control. Unless the crypto breaks above $2.70–$2.75 with significant volume, the bearish trend is likely to continue. The corrective channel’s support is fragile, and a breakdown could trigger further declines, leaving little room for optimism in the near term.
XRP faces a critical moment. While short-term bounces offer hope, bearish momentum and structural patterns suggest that the crypto could see new lows before reclaiming strength. Traders should watch resistance zones closely and prepare for potential downside as the market decides the next move.
Disclaimer: The information in this article is for general purposes only and does not constitute financial advice. The author’s views are personal and may not reflect the views of Chain Affairs. Before making any investment decisions, you should always conduct your own research. Chain Affairs is not responsible for any financial losses.
I’m your translator between the financial Old World and the new frontier of crypto. After a career demystifying economics and markets, I enjoy elucidating crypto – from investment risks to earth-shaking potential. Let’s explore!
