According to Mikrovision report XRP continues to trade within a tight band, with bears keeping firm control over price direction.
The ongoing downtrend, originating from the $2.65 peak, remains in full force—while current price action struggles to show any signs of a sustained reversal.
Downtrend Dominates as Lower Highs Persist
XRP’s structure stays clearly bearish. Since topping out at $2.65, every breakout has fizzled into nothing more than a correction. The zone between $2.35 and $2.38 continues to act as a liquidity trap—and it also marks the last significant lower high.
According to the report for bulls, regaining this level would signal a shift. But until then, the trend remains firmly pointed downward.
All Eyes on Support Around $2.13 and Below
XRP now tests the 0.5 Fibonacci level at $2.13 for the third time. Repeated attempts increase the odds of a breakdown. If $2.13 gives way, the next key zone lies between $2.03 and $1.95, where both horizontal support and the Golden Pocket converge.
A clean break below $1.95 would open the door to deeper losses—possibly toward the $1.55–$1.40 target cluster.
What Must Happen for a Rebound
For bullish momentum to return, XRP needs to impulsively break above $2.38. Without that shift, the structure stays damaged and the risk of new lows grows.
This week’s focus falls squarely on the $2.13–$1.95 zone. If that level holds, a fresh bounce could emerge. But if it fails, bears may press the advantage toward multi-month lows.
Kosta Gushterov
Reporter at Coindoo
Kosta has been a part of the team since 2021 and has solidified his position with a thirst for knowledge, incredible dedication to his work and a “detective-like” mindset. He not only covers a wide range of trending topics, he also creates reviews, PR articles and educational content. His work has also been referenced by other news outlets.
Source: https://coindoo.com/xrp-faces-critical-test-as-downtrend-pressures-key-support-zone/