📊 XRP Technical Analysis – Bulls vs Bears at a Critical Zone
XRP is currently locked in an intense battle between bulls and bears around the key support at $1.61. This level is acting as a make-or-break zone, and price reaction here will likely define the next major move.
From a technical perspective, the recent rebound looks weak and corrective, not impulsive. If buyers fail to step in with strong volume, the probability increases that XRP will slide further down toward the lower boundary of the descending channel. This channel has been respected for months, making its support line extremely important.
Bulls are expected to defend this area aggressively. However, a confirmed daily close below the channel support would be a bearish trigger, potentially opening the door for a sharp drop toward the October 10, 2025 low at $1.25. That level would be the next major demand zone to watch.
On the upside, moving averages remain heavy resistance. As long as price stays below them, any bounce should be treated cautiously. A daily close back above the MAs would suggest XRP could continue ranging inside the descending channel for a few more days, instead of breaking down immediately.
📌 Long-term Buy Setup (Risk-managed)
• Buy (DCA zone): $1.58 – $1.45
• Stop Loss: $1.23 (below October low)
• Take Profit 1: $2.05
• Take Profit 2: $2.45
• Take Profit 3: $3.00+ (macro recovery scenario)
⚠️ This is a high-risk/high-reward zone. Patience and risk management are key.
💬 What do you think?
Is $1.61 the final floor before a major reversal… or are we heading for $1.25 first?
Bullish or bearish from here? Let’s debate 👇
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