Major

Resistance

Pocket

Higher

<p>XRP continues to struggle under intense market-wide pressure, with the latest MakroVision Research update highlighting a clear continuation of the downtrend. After losing the key $2.22 support, the market has shown almost no signs of a sustainable bounce, pushing XRP into deeper retracement zones.</p>
<p>The newly updated market data confirms the same bearish tone: sentiment remains extreme fear, volatility is elevated, and XRP trades near multi-month lows around $2.05.</p>
<h2 id="xrp-hits-major-fibonacci-support-but-reaction-is-weak">XRP Hits Major Fibonacci Support but Reaction Is Weak</h2>
<p><strong><a href="https://x.com/MakroVisionDE" rel="noopener noreferrer nofollow">MakroVision’s</a></strong> latest chart shows XRP falling precisely into the 0.618–0.665 Golden Pocket between $1.87–$1.82, a historically important zone where assets often attempt to stabilize. This area was highlighted on the chart with a yellow marker, and XRP tapped it perfectly.</p>
<p><img loading="lazy" src="https://www.ethnews.com/wp-content/uploads/2025/11/G6Y8Rm7XUAAiHu_.jpeg" alt="" width="1200" height="664"></p>
<p>However, the research team notes that the bounce so far has been shallow:</p>
<ul>
 <li>The reaction was brief and lacked follow-through</li>
 <li>Buyers failed to push price back toward former support levels</li>
 <li>Market structure remains heavy and controlled by sellers</li>
</ul>
<p>The report emphasizes that $1.96 is now the critical short-term threshold. A sustained move above it is needed to halt the decline.</p>
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<h2 id="key-support-zones-what-happens-if-xrp-breaks-lower">Key Support Zones: What Happens If XRP Breaks Lower</h2>
<p>If the Golden Pocket fails to hold, MakroVision outlines the next major downside target $1.76–$1.66.</p>
<p>This zone represents the 0.786 Fibonacci level, combined with a local structural shelf from previous consolidation phases. A move into this region would significantly deepen the correction and confirm continuation of the medium-term downtrend.</p>
<p>The broader market picture, high volatility, extreme fear readings, and risk-off sentiment, makes this scenario increasingly likely unless bulls reclaim momentum quickly.</p>
<h2 id="upside-scenarios-what-xrp-must-recover-to-stabilize">Upside Scenarios: What XRP Must Recover to Stabilize</h2>
<p>MakroVision makes it clear: the path upward is steep and requires reclaiming several broken levels.</p>
<p><img loading="lazy" src="https://www.ethnews.com/wp-content/uploads/2025/11/XRPUSD_2025-11-23_12-08-40.png" alt="" width="2478" height="1604"></p>
<h3 id="immediate-level-to-reclaim">Immediate Level to Reclaim</h3>
<ul>
 <li>$1.96 – Former support, now new resistance<br> Reclaiming this flips short-term momentum neutral instead of bearish.</li>
</ul>
<h3 id="higher-resistance-levels">Higher Resistance Levels</h3>
<ul>
 <li>$2.22 – Previously a crucial horizontal zone</li>
 <li>$2.48 – A stronger structural resistance above</li>
</ul>
<p>Both of these remain distant given the current price action. As long as XRP remains below $1.96, MakroVision classifies the trend as decisively bearish.</p>
<h2 id="market-indicators-confirm-the-trend">Market Indicators Confirm the Trend</h2>
<p>Supporting the analysis, the second attached image with current data shows:</p>
<ul>
 <li>Bearish sentiment</li>
 <li>Price below both 50-day and 200-day SMAs</li>
 <li>Volatility elevated at 8.10%</li>
 <li>RSI at 32.49, hovering just above oversold</li>
</ul>
<p>All indicators align with MakroVision’s core thesis: momentum belongs to sellers.</p>
<h2 id="conclusion">Conclusion</h2>
<p>MakroVision Research concludes that XRP is still trapped in a strong short-term downtrend.<br> The Golden Pocket at $1.87–$1.82 has produced only a weak reaction, and unless the price can climb back above $1.96, downside continuation remains the higher-probability outcome.</p>
<p>The longer XRP stays below key reclaimed support zones, the harsher the broader market tone becomes, and the more likely the next support cluster at $1.76–$1.66 comes into play.</p>
<p>XRP bulls must act swiftly. Until then, the trend remains firmly bearish.</p>
<p>The post <a href="https://www.ethnews.com/xrp-slides-into-golden-pocket-support-as-selling-pressure-deepens/" rel="noopener noreferrer nofollow">XRP Slides Into Golden Pocket Support as Selling Pressure Deepens</a> appeared first on <a href="https://www.ethnews.com" rel="noopener noreferrer nofollow">ETHNews</a>.</p>

XRP Slides Into Golden Pocket Support as Selling Pressure Deepens

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