XRP is showing early signs of a potential trend reversal after an extended period of downward pressure, with technical indicators pointing to the formation of a consolidation base. The asset is currently trading around $1.40-$1.41, attempting to stabilize after weeks of sustained selling.
Key support is being fiercely defended in the $1.30–$1.35 range, a level that has become a critical battleground between bulls and bears. Market analyst Amina Chattha notes that buyers have repeatedly stepped in to defend this zone, suggesting the market may be forming a base that could provide the structural foundation for a renewed bullish move. Persistent support at this level often reflects quiet accumulation, a phase that historically precedes stronger directional moves.
On the XRP/USDT chart, the asset remains within a broad descending channel, keeping the daily structure bearish. XRP trades below both the 100-day and 200-day moving averages, with the dotted trendline and the $1.80 zone continuing to cap rebounds. The main support below the current zone is the $1.20 area, which aligns with the lower boundary of the channel. A reclaim of the $1.80 level and the nearby 100-day moving average would be needed to shift the structure, with the next major resistance sitting near $2.40 to $2.50.
Against Bitcoin, XRP also shows relative weakness, trading around 1,990 sats and sitting at the important horizontal support zone near 2,000 sats. The key resistance area overhead remains the 2,400 to 2,450 sats region. As long as XRP stays below that resistance cluster, the BTC pair remains structurally bearish. A breakdown below 2,000 sats could send the pair toward lower support around 1,500 sats.
Despite the bearish structure, there are positive signals: long positions in XRP are steadily increasing, accompanied by rising net buying pressure. This shift suggests investor confidence is gradually returning, with traders positioning for a potential upside breakout if the support zone continues to hold. The RSI has also recovered slightly, though momentum is not yet strong enough to suggest a sustained bullish reversal.
If XRP holds above the $1.30–$1.35 support zone, the next key target is $1.50, a critical resistance that could signal the start of a broader recovery. A breakout above $1.50 would indicate growing bullish momentum, likely drawing increased buying interest. The coming trading sessions will be pivotal in determining whether this consolidation evolves into a sustained upward move or if bearish pressure resumes.
