XRP Technical Outlook: Breakdown Below 0.236, Testing Cycle Base Support

XRP has completed a clear distribution → breakdown → markdown phase after rejecting from the 0.786 (3.117) macro supply zone.

Following rejection from 0.618 (2.690) and failure to sustain above 0.5 (2.390), price formed consistent lower highs inside a descending channel before decisively breaking below 0.236 (1.719).

XRP is now consolidating around 1.45–1.50, just above the macro base at 1.119.

EMA Structure (Bearish Alignment)

20 EMA: 1.533
50 EMA: 1.724
100 EMA: 1.929
200 EMA: 2.137

Price is trading below all major EMAs, confirming medium- and long-term bearish structure.

The 1.72–2.13 EMA cluster now acts as heavy dynamic resistance.
Any bounce into this region remains corrective unless reclaimed with strong acceptance.

Fibonacci Structure

1 Fib: 3.661
0.786: 3.117
0.618: 2.690
0.5: 2.390
0.382: 2.090
0.236: 1.719
0 (Macro Base): 1.119

XRP has lost the 0.236 support and is now trading in a deep retracement zone near the cycle base.

Failure to hold 1.40–1.45 increases probability of continuation toward 1.119 (macro base / Fib 0).

Current Structure

• Clear descending channel since August
• Consistent lower highs & lower lows
• Impulsive breakdown below 1.72
• Weak relief bounce forming near 1.45

For structural recovery, XRP must: • Reclaim 1.719 (0.236)
• Break above 2.090 (0.382)
• Close above 2.390 (0.5)

Until then, trend remains bearish.

RSI Momentum

RSI (14): 34–42

RSI recently bounced from near-oversold territory and is attempting short-term recovery.

Momentum supports a relief bounce, but no confirmed higher-timeframe bullish divergence yet.

📊 Key Levels

Resistance
• 1.719 (0.236)
• 2.090 (0.382)
• 2.390 (0.5)
• 2.690 (0.618)

Support
• 1.40–1.45 (local demand)
• 1.119 (macro base / Fib 0)

📌 Summary

XRP remains in a confirmed macro downtrend after losing the 1.72 structural level.

Current price action suggests a corrective consolidation near cycle lows, but overall bias stays bearish unless XRP reclaims 1.72–2.09 with strong momentum.

As long as price trades below the EMA cluster and 0.236 Fib, sellers remain in control.

$XRP ‌#BuyTheDipOrWaitNow?