XRP Rounds Out a Base Near $1.88–$1.90 Following Its Powerful Mid-2025 Surge
XRP carves out a critical support zone after a parabolic run.
The Technical Setup
Forget the hype—charts tell the real story. XRP isn't just bouncing around; it's etching a rounded base, a classic consolidation pattern, right at the $1.88 to $1.90 mark. This isn't random noise. It's the market catching its breath, building a new launchpad after that explosive mid-2025 rally that left traditional finance scrambling for explanations.
Why This Level Matters
That $1.88–$1.90 range isn't a random number pulled from a hat. It's the level where buying pressure consistently overwhelmed selling, turning former resistance into a springboard. It's where the 'weak hands' who bought the top finally capitulated, and the long-term believers doubled down—a necessary cleanse before the next leg up. Think of it as the crypto market's version of a corporate restructuring, just without the expensive consultants and layoff notices.
The Road Ahead
A confirmed breakout from this base doesn't just suggest higher prices—it screams it. The pattern projects a measured move that could redefine the asset's range entirely. But let's be real: in a sector where 'fundamentals' can mean a celebrity tweet, technicals offer one of the few concrete plans in a town full of gamblers. This setup either holds as a legendary accumulation zone or becomes another entry in the graveyard of broken charts—there's rarely an in-between.
One for the skeptics: Watching a decentralized asset meticulously trace a textbook technical pattern is almost as ironic as hearing a banker praise 'blockchain efficiency' from his mahogany desk. The market, it seems, has a dark sense of humor.
XRP Enters Clear Downtrend in October–November
By October and November, the trend for XRP became quite evident as it entered the downward phase. The cryptocurrency kept on forming lower highs and lower lows as sellers dominated buyers.
The market did not find ways to remain above the support levels that had begun acting as resistance by then due to sellers’ pressure.
Currently, prices for XRP are ranging between $1.92 to $1.93 levels, which is below all major moving averages. The 20-day EMA is close to $2.00 levels, while the 50-day is at $2.15 levels.
The 100-day and 200-day EMAs are seen to be ranging between $2.30-$2.40 levels. All these indicators are showing a declining trajectory.
Source: Tradingview
Indicators Show Mild Stabilization, But Trend Still Bearish
Momentum indicators are reflecting that the markets are cautious at the present time. The 14-day RSI is about 42, showing that there is bearish momentum, but there are no signs of over-selling.
The MACD is still in the negative territory, but the histogram indicates a slight reduction in the strength of the bears.
Source: Tradingview
There have been long lower wicks on the daily charts around $1.88-$1.90, pointing to some buying interest, but not enough to confirm a reversal.
To go bullish, XRP must break out above the EMA 20 and EMA 50 levels with strong volumes and stronger momentum.
