XRP Technical Analysis: Key Resistance and Potential Reversal Signals

Despite XRP's recent gains, its price remains below the 50-day, 100-day, and 200-day exponential moving averages, indicating that the overall market is still subject to short-term downward pressure. The SuperTrend indicator continues to issue bearish signals, with key resistance concentrated around $1.61, making a breakthrough in the short term difficult. However, some momentum indicators have shown subtle shifts: the daily MACD line has crossed above the signal line, suggesting that buying power is quietly accumulating; the RSI is near 45, indicating that buyers and sellers are in relative equilibrium, and market sentiment is leaning towards moderate recovery.

On the weekly chart, a typical "X–A–B–C" harmonic pattern is forming, a structure often seen as a precursor to trend reversal. The current price is in the C-point area, which historically has been a key node for the end of corrections and the re-entry of buyers. With the narrowing of candlestick bodies and the contraction of trading volume, the possibility of the market entering a consolidation accumulation phase increases, laying the groundwork for a subsequent rise. Combining Fibonacci extension tools, $1.146 and $2.022 become two important potential resistance targets. If the price can firmly stand above the previous weekly high in the future, it is expected to confirm a trend reversal and start a new round of upward cycle.

Currently, XRP's tenacious performance at the support level has attracted much attention. As the price repeatedly tests the key resistance range, subsequent breakouts or pullbacks will directly affect its medium-term trend direction. This stage is considered an important window for determining the future market trend.