XRP is showing signs of recovery after a prolonged downtrend, following a period of strong bullish gains and extended consolidation. The token is currently hovering around a crucial support zone near $1.88–$1.90, where selling pressure has started to subside.
Observers note that this area is beginning to take on a rounded shape, which can often indicate early stabilization in the market.
In mid-2025, XRP saw a sharp upward surge marked by strong bullish candles and a series of higher highs, reflecting heavy buying activity and growing market confidence.
This rapid rally broke out of a previous accumulation phase, signaling that fresh demand was entering the market at a notable pace.
But, after this surge, the market then moved sideways in August and September. There was a narrow range formation with overlapping candles, indicating less volatility, which showed market equality between the buyers and sellers, along with a decrease in momentum.
Also Read: XRP Eyes $2.50 Resistance as TD Sequential Buy Points to Potential Rebound
By October and November, the trend for XRP became quite evident as it entered the downward phase. The cryptocurrency kept on forming lower highs and lower lows as sellers dominated buyers.
The market did not find ways to remain above the support levels that had begun acting as resistance by then due to sellers’ pressure.
Currently, prices for XRP are ranging between $1.92 to $1.93 levels, which is below all major moving averages. The 20-day EMA is close to $2.00 levels, while the 50-day is at $2.15 levels.
The 100-day and 200-day EMAs are seen to be ranging between $2.30-$2.40 levels. All these indicators are showing a declining trajectory.
Source: Tradingview
Momentum indicators are reflecting that the markets are cautious at the present time. The 14-day RSI is about 42, showing that there is bearish momentum, but there are no signs of over-selling.
The MACD is still in the negative territory, but the histogram indicates a slight reduction in the strength of the bears.
Source: Tradingview
There have been long lower wicks on the daily charts around $1.88-$1.90, pointing to some buying interest, but not enough to confirm a reversal.
To go bullish, XRP must break out above the EMA 20 and EMA 50 levels with strong volumes and stronger momentum.
Also Read: XRP’s Shocking Wall Street Upgrade With CME Futures Launch

