XRP faced strong rejection at $1.65 Fibonacci resistance level.
Analysts eye potential double bottom forming near $1.11 support.
Reclaiming $1.65 could signal renewed bullish momentum.
Ripple's XRP has hit a major wall, and traders felt the shift almost immediately. Over the weekend, price climbed into the $1.65 zone, which marked the macro .618 Fibonacci retracement. That level had already been mapped as strong resistance, and the chart respected that expectation. Sellers stepped in with conviction. Now price trades below $1.53, and momentum looks fragile. Bulls face a serious test as the next move could define the broader trend.
https://twitter.com/CasiTrades/status/2023409878748827693 Rejection Signals Fading Momentum
XRP pushed directly into the $1.65 macro .618 retracement, and that area capped the recent relief rally labeled W4. The rejection was firm and decisive. Price failed to hold above resistance, and sellers quickly regained control. A break below $1.53 signals weakening buying pressure and suggests that short term strength may have already peaked.
The earlier selloff still influences current structure. That decline showed strong conviction from bears, which makes an immediate pivot into macro W3 unlikely. Markets often require one final pullback to fully exhaust sellers before a sustained rally begins. Without that reset, upside attempts tend to lose traction quickly. On lower time frames, structure now aligns with a potential double bottom near $1.11.
That level previously attracted demand, and traders will watch closely if price revisits the zone. A strong reaction there could form a solid base. However, deeper support near $0.90 remains possible if selling pressure accelerates. What matters most is how price behaves at the next low. A confirmed reversal requires clear bullish divergence and a visible shift in momentum.
Can Regulation Spark the Next Rally?
Analyst CasiTrades highlights the rejection at $1.65 as a sign of fading strength. She emphasizes the need for improving momentum before confidence returns. Meanwhile, Ali Martinez points to a weekly gravestone doji pattern on the chart. In past cycles, that pattern preceded a 46 percent decline. While history does not guarantee repetition, traders respect recurring signals, especially during fragile conditions.
Technical weakness dominates the short term outlook, but regulatory developments could shift sentiment quickly. The CLARITY Act remains a major focus for the market. If progress emerges in April, perception around XRP could change significantly. Regulatory clarity often increases institutional confidence and reduces uncertainty. A decisive reclaim of $1.65 would provide the first real sign of renewed strength. Sustained stability above that level would confirm buyer commitment and challenge the current bearish structure.
Such a move could trigger a relief rally driven by improved sentiment. Stronger participation could follow if broader confidence returns. Longer term prospects depend on consistent adoption and clearer digital asset frameworks. If regulation supports growth, XRP could build steady upside momentum into 2026. For now, price stands at a critical crossroads.
