XRP price holds above $1.70 but bearish structure threatens deeper correction toward $1.47
XRP trades under pressure with short-term support at 1.70 and resistance at 1.90
XRP is trading near $1.81, caught in a critical inflection zone after a volatile dip toward $1.72 earlier this week. Despite a mild bounce, the broader technical picture remains bearish, with XRP struggling below key resistance at $1.9—now a flipped barrier after previously offering support. A failure to reclaim this level would reinforce the mid-term downtrend and place the 1.618 Fibonacci extension at $1.47 in clear view as the next downside target.
The broader structure remains pressured by the descending trendline from the $2.58 peak, which has capped all bullish attempts. A daily close above $2.08—aligned with the 0.5 Fibonacci retracement and prior support—is necessary to shift market sentiment. Until then, XRP’s price action suggests sellers remain in control.
XRP price dynamics (March 2025 - April 2025 Source: TradingView.
Momentum remains weak across multiple indicators
On the 4-hour timeframe, XRP trades below all major EMAs, with the 20 EMA at $1.84 and the 200 EMA elevated at $2.21. These levels now serve as dynamic resistance, and recent bullish EMA crossovers have failed to sustain upward momentum. The RSI is attempting a mild recovery from oversold territory, currently at 41.45, but remains well below the 50-neutral line. The MACD also reflects bearish conditions, though its narrowing histogram hints at a possible slowdown in selling pressure.
Bollinger Bands show price compressing after touching the lower band near $1.66. A break above the midline at $1.9 is needed to challenge the upper band near $2.14 and signal any credible reversal. Until then, XRP remains vulnerable to renewed downside.
Bearish trend persists unless 2.08 is reclaimed
Immediate support lies at $1.7–$1.72, with stronger demand expected at $1.47. A failure to hold the current level could trigger cascading losses toward the $0.79 region, which aligns with the 2.618 Fibonacci extension. Conversely, a breakout above $2.08 and eventually $2.21 would be required to invalidate the bearish bias and initiate a recovery toward $2.62.
Our previous coverage highlighted XRP’s vulnerability below $2, emphasizing $1.9 as a decisive resistance. That rejection has since materialized, keeping the broader trend intact and placing further downside levels into focus.
