- XRP trades near $2.18 after another rejection at the descending trendline and the $2.20–$2.25 resistance wall.
- Intraday compression tightens between $2.17 and $2.24 as RSI and VWAP flatten, signaling a neutral but fragile structure.
- Futures open interest climbs while options activity collapses, showing traders shifting toward directional bets without confirmation.
XRP price today trades near $2.18 after another rejection at the descending trendline that has capped every rally since July. The failure to break above the $2.20 to $2.25 region keeps buyers on the defensive as sellers protect the EMA cluster overhead.
Trendline Rejection Keeps Bears In Control
The daily chart shows XRP pressing against a long running descending trendline, with the latest rejection coming near the 0.5 Fibonacci retracement at $2.19. Each push into this zone has resulted in immediate supply, preventing buyers from extending momentum.
XRP continues to trade below the 20, 50, 100 and 200 day EMAs. The cluster sits between $2.20 and $2.51, with the 20 day EMA near $2.20 and the 200 day EMA near $2.51. This band remains the primary ceiling holding back any meaningful recovery.
The Fibonacci structure highlights the same picture. Price stalled at the 0.5 retracement, with the 0.618 level at $2.24 acting as the next hurdle. Meanwhile, the 0.382 level at $2.10 continues to be tested but has not broken, showing buyers still defending the area even as momentum cools.
Chaikin Money Flow sits slightly negative, signaling that inflows remain soft. The lack of consistent accumulation has allowed sellers to maintain control each time price approaches resistance.
Short Term Support Holds As Intraday Compression Tightens
On the 30 minute chart, XRP is oscillating between $2.17 support and $2.24 resistance, forming a narrowing structure where the lower boundary is rising and the upper boundary is gradually falling. This creates a mild bearish tilt because each bounce off support is weaker than the last, while each rejection near $2.24 is tightening the ceiling.
VWAP is holding almost flat near $2.18 to $2.19, and price keeps rotating around it instead of trending above or below it. When VWAP flattens in this range and price hovers inside a $0.07 band, it signals that intraday traders are not building strong directional positions, and liquidity remains centered around equilibrium.
RSI has been moving between 46 and 50 for nearly 48 hours. This narrow RSI band confirms a neutral momentum pocket, where neither buyers nor sellers are driving decisive swings.
Open Interest Rises While Options Activity Falls Sharply
Futures open interest has risen 1 percent to $4.13 billion, while daily trading volume surged more than 51 percent to $6.48 billion. The rise in open interest alongside higher volume suggests new positioning is entering the market rather than simple liquidations.
But options activity tells a different story. Options volume is down nearly 80 percent, while options open interest is down almost 79 percent. This shows traders are pulling back from volatility strategies and shifting toward futures driven positioning.
Long short ratios lean bullish across major exchanges. Binance shows an accounts ratio near 2.7, with top traders also positioned net long. OKX stands near 1.5. These readings indicate speculative traders are betting on upside despite the lack of evidence on the charts.
Liquidation data is moderate. Long side liquidations have decreased compared to earlier in the month, which supports the idea that downside pressure has eased. However, this does not yet establish bullish momentum without confirmation from price and spot flows.
Outlook: Will XRP Go Up?
A bullish reversal requires a clean break above $2.24 and then $2.36 with strong volume. That shift would clear the 0.618 level and signal that buyers have finally absorbed supply at the trendline.
A bearish continuation emerges if price loses $2.10 and then $2.00. A daily close below those levels would expose $1.81 and open room for a deeper correction.
If XRP reclaims the EMA cluster, momentum turns upward. Losing $2.00 turns the move into a broad corrective phase heading into December.
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