$XRP ‌ hovering at $1.360 ... hot spot on the chart right now. While it stays above the $1.337–$1.343 support zone, there’s potential for a bounce up to the $1.371 – $1.434 resistance area. But if it breaks below $1.337, the momentum fades quickly and we could see a drop into the $1.337 – $1.343 low range. #XRP #Rmj-Trades

XRP Technical Outlook: XRP Compresses at Macro Support Within Descending Channel XRP remains in a sustained downtrend after rejecting from the upper retracement zone near $3.11 (0.786 Fib) and forming a clear series of lower highs inside a descending channel structure. The breakdown below $2.09 (0.382 Fib) and $1.72 (0.236 Fib) accelerated downside momentum, pushing price toward the macro base at $1.12 (Fib 0). Price is now consolidating between $1.34–$1.40, just above the broader demand zone. While selling pressure has slowed, the overall structure remains bearish unless XRP reclaims key resistance levels. EMA Structure (Bearish Alignment Intact) 20 EMA: $1.429 50 EMA: $1.596 100 EMA: $1.814 200 EMA: $2.053 XRP continues to trade below all major EMAs, maintaining a clean bearish stack (20 < 50 < 100 < 200). The $1.43–$1.60 zone now acts as immediate dynamic resistance. Any recovery below the 50 EMA should be considered corrective within the broader downtrend. Fibonacci & Market Structure 1.0 Fib (Cycle High): $3.661 0.786 Fib: $3.117 0.618 Fib: $2.690 0.5 Fib: $2.390 0.382 Fib: $2.090 0.236 Fib: $1.719 Fib 0: $1.119 The decisive breakdown below $1.719 (0.236 Fib) confirmed continuation of the corrective cycle. Price is now hovering just above the $1.12 macro base, which represents the final major retracement support of the broader move. Holding above $1.12 keeps long-term structural support intact. A confirmed breakdown below this level would expose XRP to deeper historical consolidation zones. RSI Momentum RSI (14) is currently near 39, recovering from recent oversold territory. Momentum remains below the 50 midline, signaling that bullish strength is still limited. A sustained RSI move above 50 would be the first indication of structural improvement. 📊 Key Levels Resistance $1.43 (20 EMA) $1.60 (50 EMA) $1.72 (0.236 Fib) Support $1.34–$1.30 (local range base) $1.12 (macro retracement base) Below $1.12 → structural breakdown risk RSI: 39 — neutral, mild recovery 📌 Summary XRP remains within a broader bearish structure, trading inside a descending channel and below all major EMAs. Price is compressing just above the $1.12 macro base, suggesting temporary stabilization but not yet reversal. Only a sustained reclaim of $1.60–$1.72 would begin to neutralize downside pressure. Until then, rallies are likely corrective within a dominant downtrend, with $1.12 remaining the critical macro level to monitor. $XRP ‌#USIsraelStrikesIranBTCPlunges

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