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XRP remains locked in a challenging market environment, weighed down by persistent selling pressure and a failure to reclaim critical technical levels.
Despite holding key psychological support zones, the asset continues to struggle for momentum, leaving traders focused on whether it can stabilize or if further downside remains inevitable.
Technical Structure Shows Dominant Bearish Control
XRP’s price action remains firmly bearish as the asset continues to trade below $2.09, unable to break through multiple resistance zones. The downtrend that started in July has held strong, with every rally functioning more as an exit opportunity than a signal of renewed demand. The broader structure reflects heavy compression beneath the 20, 50, 100, and 200-day EMAs—each sloping downward, forming a dense barrier against any meaningful upside attempt.
Rejections around the $2.40–$2.50 zone confirm the difficulty buyers face in sustaining momentum. The July breakout above $3 now appears to be a temporary outlier, with months of steady retracement following. As long as XRP trades beneath $2.30, bearish dominance remains intact, and buyers lack the leverage needed to alter the prevailing narrative.
Momentum Indicators and Market Flows Reinforce Weakness
Momentum readings echo this overall fragility. The RSI hovering in the mid-40s highlights a market neither oversold enough for a rebound nor strong enough to mount a recovery. Meanwhile, repeated bearish flips in the Parabolic SAR show that even shallow rallies fail to establish traction. These indicators collectively point to a market struggling to generate fresh impulse.
Market flows paint a similar picture. Another negative spot flow of roughly $1.5 million on December 5 extends a multi-week trend of steady outflows. Derivatives data shows falling open interest paired with rising volume, signaling position closures rather than new participation. With speculative longs dominating and top traders increasingly exposed, late buyers appear trapped near resistance, reflecting a market drifting without conviction.
Key Support Levels and Conditions for a Bullish Reversal
The critical battleground now lies at the $2.00 support zone, a level repeatedly defended since November. However, each rebound has weakened in strength, raising the probability of a breakdown if broader sentiment deteriorates. A clean break below $2.00 opens liquidity pockets at $1.88 and $1.72, both tied to earlier accumulation phases and widely watched by traders.
For bulls, the recovery path remains narrow but defined. A structural shift requires reclaiming $2.30 and then securing acceptance above $2.50 to break the multi-month descending trendline. Until then, XRP’s market posture remains defensive, characterized by resilience without momentum. The failure to overcome resistance confirms that the asset is still navigating a slow-grind decline, with $2.00 now serving as the final line between stabilization and renewed downside.
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