XRP Chart Analysis: Are We at a True Turning Point?

Let’s focus on what the daily chart of XRP is honestly telling us, away from noise and rumors. The market is full of conflicting opinions, but only a few pay real attention to the price structure and actual movement. Today, we will provide an objective analysis based on market dynamics, key levels, and actual momentum.

Supply Zone: Repeated Rejections at $1.93-$1.95

The XRP chart shows a clear pattern that cannot be ignored. Every time the price approaches the $1.93-$1.95 area, a sharp rejection occurs. This is no coincidence—it’s evidence of strong selling pressure in this zone. Sellers are firmly controlling this level, confirming that resistance is solid and real.

Currently, XRP is trading around $1.49 (down 5.78% in the last 24 hours), reflecting ongoing bearish pressure. The distance between the current level and the main resistance is significant, indicating that the market still respects the bearish structure.

Support and Demand Levels: Critical Test Ahead

Now comes the crucial part. The demand zone at $1.87-$1.88 has held several times, but selling pressure is gradually increasing. This level is the last line of defense before a potential breakdown.

If XRP breaks below $1.87 with strong daily momentum, it will face a direct path toward $1.83-$1.84. There are no strong support levels in between, meaning a sharp decline is likely if demand weakens further.

Chart Reading: What Does the Pattern Say?

Careful examination of the chart reveals that XRP still forms lower highs sequentially. This is a classic bearish indicator. The trend has not reversed yet. For the trend to turn bullish, XRP must reclaim the $1.95 level with strong trading volume and clear buying pressure.

Until then, any upward attempt will remain weak and unstable. The repeated rejections at resistance confirm this reality beyond any doubt.

Trading Strategy: Why Waiting Is the Smart Choice?

This is the real problem for those seeking quick entry points now. The market is trapped between strong resistance above and fragile support below. This is the worst scenario for opening a position. The risk-to-reward ratio is not fair at all.

The current situation is neither a clean buy setup nor a safe sell setup. It’s a gray area, and in financial markets, a gray area means waiting for a clearer signal. Wise traders understand that patience in times of uncertainty is an investment, not a waste of time.

Conclusion: What’s Next?

The daily chart analysis of XRP paints a clear picture: the market is controlled by weak buyers and strong sellers. Until a real change in dynamics occurs, it’s better to wait rather than risk capital. Technical data speak plainly, and only those who listen will make successful trading decisions in the long run.