Paul Bennett

📉 XRP at a Crossroads: Breakdown Risk vs Accumulation Signal

XRP is trading near $1.91–1.93, hovering at a critical long-term support zone after slipping ~6% earlier this week. While short-term pressure remains, this area has repeatedly acted as a rebound point since the November 2024 breakout, putting $XRP at a decisive moment.

🧭 Market Structure Overview

• XRP briefly lost its one-year range low, a bearish signal on higher timeframes

• Price stabilized at a support zone that has held for over 12 months

• Current bounce (+3–4% daily) looks reactive, not yet trend-confirming

⚠ Bear Case: High-Timeframe Breakdown Risk

• Analyst Ali Martinez warns: failure to reclaim the range low could open a ~50% downside

• Cheds Trading flags a potential rounding top / double top structure on the $BTC market

• Losing the neckline could send XRP toward the 200-day MA, a level not seen in over a year

📈 Bull Case: Accumulation & Hidden Strength

• Some traders highlight a bullish divergence on the daily RSI

• Comparisons are being made to XRP’s 2023–2024 accumulation phase

• If support holds, analysts argue a markup phase could unfold between now and late 2026

🔍 Bigger Picture

• $XRP is still ~45% below ATH ($3.65)

• Down ~10–15% from early-December levels, but far above mid-2024 lows

• Current move looks like a consolidation within a larger cycle, not a confirmed trend reversal

XRP is sitting on a make-or-break support. Holding this zone keeps the long-term accumulation narrative alive 📊. Losing it risks a high-timeframe breakdown. The next daily closes will likely define whether XRP bleeds lower- or starts building its next leg up.

#BTC Price Analysis# #XRP #XRPEFT

WhiteBIT Chart (5D): XRP/USDT