XRP Bearish Outlook: Analyst Points to Possible Drop Toward $1.40
A recent technical analysis suggests that XRP may face continued downside pressure in the coming weeks if key support levels break.
Key Points
đ Bearish channel formation: XRPâs daily chart shows a clear descending channel with lower highs and lower lows, indicating persistent downtrend momentum.
đ Key resistance struggle: Repeated failures to reclaim the 200âday moving average reinforce the bearish setup.
đ Target level: If weekly support around the 100âweek MA breaks, the price could accelerate lower toward the $1.40â$1.45 zone â potentially by late Feb 2026.
Expert Insight
This outlook highlights a technical downside scenario rather than a fundamental collapse â meaning traders should watch both the 200âday MA and weekly support for signs of either rebound or breakdown.
#CryptoAnalysis #BearishOutlook #TechnicalAnalysis #Altcoins #CryptoNews
