XRP continues to display a bearish macro structure, with higher-timeframe price action showing little evidence that a sustained bullish reversal is underway. While XRP has managed to hold above key support levels in recent weeks, the broader trend remains under pressure, with sellers maintaining control across the larger timeframe picture.
Currently, price is trading around the Value Area High (VAH) of the current trading range, a level that has acted as an important support zone on multiple occasions. Buyers have stepped in near this area several times, preventing a deeper decline and helping establish a temporary floor within the range. However, despite these rebounds, there has been a noticeable lack of bullish volume follow-through, suggesting that demand remains relatively weak and that buyers are struggling to generate meaningful upside momentum.
From a technical perspective, the most important level to monitor is the Value Area High, which is also in confluence with the VWAP (Volume Weighted Average Price). A decisive loss of this support region would significantly weaken the current market structure and increase the probability of a deeper corrective move.
Should this breakdown occur, the next major downside target sits at the Point of Control (POC) around $0.49, where a large concentration of historical trading activity has taken place. Until buyers can reclaim key resistance levels and generate stronger volume participation, the overall outlook for XRP remains bearish, with lower prices still favored in the coming weeks
Currently, price is trading around the Value Area High (VAH) of the current trading range, a level that has acted as an important support zone on multiple occasions. Buyers have stepped in near this area several times, preventing a deeper decline and helping establish a temporary floor within the range. However, despite these rebounds, there has been a noticeable lack of bullish volume follow-through, suggesting that demand remains relatively weak and that buyers are struggling to generate meaningful upside momentum.
From a technical perspective, the most important level to monitor is the Value Area High, which is also in confluence with the VWAP (Volume Weighted Average Price). A decisive loss of this support region would significantly weaken the current market structure and increase the probability of a deeper corrective move.
Should this breakdown occur, the next major downside target sits at the Point of Control (POC) around $0.49, where a large concentration of historical trading activity has taken place. Until buyers can reclaim key resistance levels and generate stronger volume participation, the overall outlook for XRP remains bearish, with lower prices still favored in the coming weeks
Join the Free Trading Group
Telegram: t.me/freetradingden 🔥
Claim $1000 Deposit Bonus 🎁
Trade with perks & support the community!
partner.blofin.com/d/TheAlchemist
Stay sharp, trade smart.
— Team The Alchemist ⚔️
Telegram: t.me/freetradingden 🔥
Claim $1000 Deposit Bonus 🎁
Trade with perks & support the community!
partner.blofin.com/d/TheAlchemist
Stay sharp, trade smart.
— Team The Alchemist ⚔️
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Join the Free Trading Group
Telegram: t.me/freetradingden 🔥
Claim $1000 Deposit Bonus 🎁
Trade with perks & support the community!
partner.blofin.com/d/TheAlchemist
Stay sharp, trade smart.
— Team The Alchemist ⚔️
Telegram: t.me/freetradingden 🔥
Claim $1000 Deposit Bonus 🎁
Trade with perks & support the community!
partner.blofin.com/d/TheAlchemist
Stay sharp, trade smart.
— Team The Alchemist ⚔️
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.