bullish

Resistance

Reversal

Daily

<div><h3 id="xrp-faces-bearish-pressure-as-daily-structure-breaks-below-key-support">XRP Faces Bearish Pressure as Daily Structure Breaks Below Key Support</h3><p>Market analyst Ether Guru <a href="https://coinmarketcap.com/community/post/374154321/" rel="noopener noreferrer nofollow"><span>notes</span></a> that XRP is under strong bearish pressure, having broken key daily support and now forming lower highs and lows, a clear sign of downward momentum.</p><p>Ether Guru warns that XRP faces strong resistance at $1.38, keeping downside risk toward $1.05–$1.15 active.&nbsp;</p><p>Notably, selling pressure may persist unless XRP decisively breaks above $1.38. This risk is amplified by the fact that a $75B market sell-off was sparked by strikes involving the United States and Israel against Iran.</p><p>Well, <a href="https://coincodex.com/crypto/ripple/" rel="noopener noreferrer nofollow"><span>XRP is trading</span></a> at $1.32 per CoinCodex data, down from recent highs, as key higher-timeframe support breaks.&nbsp;</p><p>These critical levels often guide trader sentiment, and their failure raises the likelihood of further declines, consistent with the daily chart’s pattern of lower highs and lower lows.</p><h3 id="bears-dominate-as-1-38-resistance-holds-key-to-reversal">Bears Dominate as $1.38 Resistance Holds Key to Reversal</h3><p>Persistent selling pressure reinforces the bearish trend, suggesting traders favor selling over buying. Technical analysts may see this as a continuation pattern, with further downside likely until key resistance is reclaimed.&nbsp;</p><p>Consequently, South Korea drives roughly 33% of global XRP trading, underscoring its dominant role in market activity.</p><p>Despite bearish pressure, $1.38 is a key level for XRP. A daily close above this resistance could ease short-term selling and signal potential upside toward previous highs.&nbsp;</p><p>Until then, caution is advised, as the daily structure favors sellers because XRP remains under bearish control, with $1.05–$1.15 as the near-term downside target.&nbsp;</p><h3 id="conclusion">Conclusion</h3><p>XRP’s daily chart shows clear bearish dominance, marked by lower highs, lower lows, and a break of key support. Unless $1.38 is reclaimed, the $1.05–$1.15 range remains the likely downside.&nbsp;</p><p>Therefore, the XRP market currently dictates that caution should not be thrown to the wind because a decisive break above $1.38 is need to signal a potential bullish reversal.</p></div>

Can XRP Reclaim $1.38 to Break the Downtrend?

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