XRP has been exhibiting a pronounced bearish trend since reaching its peak around the $3.00 level in January 2025. The digital asset has formed a series of lower highs and lower lows, confirming the dominant downtrend across the daily timeframe.
Currently, XRP is testing a critical horizontal support level at approximately $2.10, which has previously acted as both support and resistance throughout the past five months.
XRPUSD Key Levels to Watch
The price action reveals head and shoulders pattern since December and a descending triangle since February, with Ripple consistently respecting both the upper and lower boundaries. The most recent price action shows XRP approaching the lower boundary of this triangle, suggesting that bulls may attempt to defend this support zone. However, the lack of substantial buying volume indicates that sellers remain in control.
A break below the $2.10 support level could trigger an accelerated sell-off toward the next significant support at around $1.80, which aligns with previous consolidation areas from late 2024. Conversely, for any bullish reversal to gain traction, XRP would need to break above the descending trendline and the 100-day moving average, which currently sits near the $2.50 region.
XRP Technical Analysis
The technical picture is further reinforced by the moving averages, with the 100-day MA (blue line) crossing below the 200-day MA (red line) in late March, confirming a bearish “death cross” signal. This crossover typically indicates a significant shift in momentum toward the downside. Currently, both moving averages are sloping downward, with prices trading below both indicators, suggesting strong bearish control over the medium-term timeframe.
The recent price action shows XRP attempting to test the 100-day MA from below but failing to break through, which has further validated this level as significant resistance. The convergence of the two moving averages around the $2.40-$2.50 area creates a substantial resistance zone that bulls must overcome to invalidate the bearish outlook.
The MACD indicator presents a bearish narrative as well, with the MACD line (blue) below the signal line (orange) and both trading below the zero line. This configuration signals ongoing bearish momentum, although the narrowing gap between the two lines suggests the selling pressure may be slightly diminishing. However, without a clear bullish crossover, the downtrend remains intact.
The Stochastic oscillator is currently hovering in the oversold territory, showing some potential for a short-term bounce. However, the oscillator has been making lower highs alongside price, confirming the bearish trend. For any meaningful reversal, we would need to see the Stochastic break its downtrend and move above the 50 level convincingly.
XRP Price Outlook
The immediate outlook for XRP remains bearish as long as prices stay below the 100-day moving average. Traders should watch the critical $2.10 support level closely – a daily close below this mark would likely trigger further selling pressure toward $1.80 and potentially $1.50 in the medium term.
For bulls to regain control, we would need to see a convincing break above the $2.50 resistance level, followed by a reclaiming of the 200-day moving average. Such a move would need to be accompanied by a significant increase in trading volume to confirm a potential trend reversal.
