$XRP
15m timeframe
XRP is trading after a sharp impulsive drop, followed by short-term stabilization in the 1.78–1.80 support zone. A volume spike during the sell-off points to capitulation activity, after which selling pressure noticeably weakened. Price is now forming a local base, with buyers defending the lows and attempting a technical rebound.
The short-term structure remains fragile, but the lack of aggressive continuation selling suggests the potential for a relief bounce. Increased activity near the 1.80 area may lead to liquidity grabs below recent lows, followed by a move toward nearby intraday resistance levels.
Key levels (15m):
Support: 1.78–1.80
Resistance: 1.84 / 1.88
1D timeframe
On the daily chart, XRP remains in a broader bearish trend, trading below key moving averages. The recent decline has brought price back into a major demand zone around 1.77–1.80, which previously acted as a reaction area. Daily volume increased on the drop, confirming strong participation, but without a decisive breakdown so far.
As long as this zone holds, a corrective move toward 1.95–2.00 remains possible. A loss of support would increase the probability of further downside continuation.
Key levels (1D):
Major support: 1.77–1.80
Resistance: 1.95 / 2.10
Conclusion
In the short term, XRP shows signs of stabilization after a strong sell-off and may attempt a relief bounce. However, the daily trend remains bearish, meaning any long setups are counter-trend and require confirmation through volume and price reaction from support. Risk management is essential.
15m timeframe
XRP is trading after a sharp impulsive drop, followed by short-term stabilization in the 1.78–1.80 support zone. A volume spike during the sell-off points to capitulation activity, after which selling pressure noticeably weakened. Price is now forming a local base, with buyers defending the lows and attempting a technical rebound.
The short-term structure remains fragile, but the lack of aggressive continuation selling suggests the potential for a relief bounce. Increased activity near the 1.80 area may lead to liquidity grabs below recent lows, followed by a move toward nearby intraday resistance levels.
Key levels (15m):
Support: 1.78–1.80
Resistance: 1.84 / 1.88
1D timeframe
On the daily chart, XRP remains in a broader bearish trend, trading below key moving averages. The recent decline has brought price back into a major demand zone around 1.77–1.80, which previously acted as a reaction area. Daily volume increased on the drop, confirming strong participation, but without a decisive breakdown so far.
As long as this zone holds, a corrective move toward 1.95–2.00 remains possible. A loss of support would increase the probability of further downside continuation.
Key levels (1D):
Major support: 1.77–1.80
Resistance: 1.95 / 2.10
Conclusion
In the short term, XRP shows signs of stabilization after a strong sell-off and may attempt a relief bounce. However, the daily trend remains bearish, meaning any long setups are counter-trend and require confirmation through volume and price reaction from support. Risk management is essential.