XRPUSD has been moving in a predominantly bearish trend since reaching highs around the $3.00 level in January 2025. The digital asset has formed a series of lower highs and lower lows on the daily chart, indicating sustained selling pressure over the past few months.
In addition, XRPUSD has completed a head and shoulders pattern, which is seen as a classic reversal formation. Price has yet to break below the neckline support around $2.05 to confirm that a downtrend is in the works.
A bounce, on the other hand, could trigger rangebound price action as price recovers to nearby resistance zones.
Key XRPUSD Levels to Watch
Currently, XRPUSD is trading around the $2.05 level, having recently broken below a key support zone visible as the light blue horizontal band on the chart. This zone, which previously acted as support during December 2024 and early 2025, has now likely flipped to resistance, creating a significant barrier for any potential recovery.
The price action shows that after the strong bullish movement in November 2024 that took XRP from below $1.00 to above $3.00, the momentum has significantly waned. Recent price action has formed what appears to be a descending channel pattern, with lower highs consistently being established since January 2025.
XRPUSD Technical Analysis
The chart displays both the 100-day and 200-day Moving Averages (blue and red lines respectively). The 100 SMA is positioned above the 200 SMA, which traditionally indicates an underlying bullish bias. However, the price has recently broken below both moving averages, suggesting that bearish momentum is gaining traction.
The distance between these two moving averages is gradually narrowing, which could signal an imminent bearish crossover in the coming weeks. Such a crossover would provide further confirmation of a shift to a medium-term bearish trend.
The Stochastic oscillator (14, 3, 3) is heading toward the oversold territory but hasn’t quite reached extreme levels yet. This suggests that there could still be room for further downside before a potential bounce. The Stochastic’s downward trajectory aligns with the prevailing bearish sentiment.
The MACD (12, 26, close) shows a bearish configuration with the MACD line below the signal line and both hovering around the zero line. The histogram bars are predominantly red, indicating bearish momentum, though they appear to be diminishing in size, which could suggest waning downside pressure. Nevertheless, the overall MACD picture supports the bearish outlook.
XRPUSD Price Outlook
If current support around $2.05 fails to hold, XRPUSD could target the next significant support level around the $1.50 area, which coincides with the rising 200-day moving average. This level could provide a temporary bounce due to its technical significance.
For any meaningful recovery, XRPUSD would need to reclaim the previously broken support zone (the light blue horizontal band) and then break above the descending trendline that has been capping price advances since January. This would require significant buying pressure and a shift in market sentiment.
Should XRPUSD manage to break above immediate resistance, it could target the 100-day moving average, currently situated around $2.50, followed by the recent swing high near $2.75.
From a broader perspective, XRPUSD is still trading well above its November 2024 levels, suggesting that the longer-term uptrend may still be intact. The current bearish movement could be interpreted as a corrective phase within a larger bullish structure.
