XRP is showing signs of recovery after a prolonged downtrend, following a period of strong bullish gains and extended consolidation. The token is currently hoveringXRP is showing signs of recovery after a prolonged downtrend, following a period of strong bullish gains and extended consolidation. The token is currently hovering

XRP Forms Rounded Base Near $1.88–$1.90 After Strong Mid-2025 Rally

  • XRP is testing critical support around $1.88–$1.90 after a prolonged downtrend.
  • Short-term stabilization is visible, but the broader trend remains bearish below major EMAs.
  • Immediate resistance lies between $2.00–$2.15, with potential downside toward $1.80 if support fails.

XRP is showing signs of recovery after a prolonged downtrend, following a period of strong bullish gains and extended consolidation. The token is currently hovering around a crucial support zone near $1.88–$1.90, where selling pressure has started to subside.

Observers note that this area is beginning to take on a rounded shape, which can often indicate early stabilization in the market.

In mid-2025, XRP saw a sharp upward surge marked by strong bullish candles and a series of higher highs, reflecting heavy buying activity and growing market confidence.

This rapid rally broke out of a previous accumulation phase, signaling that fresh demand was entering the market at a notable pace.

But, after this surge, the market then moved sideways in August and September. There was a narrow range formation with overlapping candles, indicating less volatility, which showed market equality between the buyers and sellers, along with a decrease in momentum.

Also Read: XRP Eyes $2.50 Resistance as TD Sequential Buy Points to Potential Rebound

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. 


Also Read: XRP’s Shocking Wall Street Upgrade With CME Futures Launch

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Shocking OpenVPP Partnership Claim Draws Urgent Scrutiny

Shocking OpenVPP Partnership Claim Draws Urgent Scrutiny

The post Shocking OpenVPP Partnership Claim Draws Urgent Scrutiny appeared on BitcoinEthereumNews.com. The cryptocurrency world is buzzing with a recent controversy surrounding a bold OpenVPP partnership claim. This week, OpenVPP (OVPP) announced what it presented as a significant collaboration with the U.S. government in the innovative field of energy tokenization. However, this claim quickly drew the sharp eye of on-chain analyst ZachXBT, who highlighted a swift and official rebuttal that has sent ripples through the digital asset community. What Sparked the OpenVPP Partnership Claim Controversy? The core of the issue revolves around OpenVPP’s assertion of a U.S. government partnership. This kind of collaboration would typically be a monumental endorsement for any private cryptocurrency project, especially given the current regulatory climate. Such a partnership could signify a new era of mainstream adoption and legitimacy for energy tokenization initiatives. OpenVPP initially claimed cooperation with the U.S. government. This alleged partnership was said to be in the domain of energy tokenization. The announcement generated considerable interest and discussion online. ZachXBT, known for his diligent on-chain investigations, was quick to flag the development. He brought attention to the fact that U.S. Securities and Exchange Commission (SEC) Commissioner Hester Peirce had directly addressed the OpenVPP partnership claim. Her response, delivered within hours, was unequivocal and starkly contradicted OpenVPP’s narrative. How Did Regulatory Authorities Respond to the OpenVPP Partnership Claim? Commissioner Hester Peirce’s statement was a crucial turning point in this unfolding story. She clearly stated that the SEC, as an agency, does not engage in partnerships with private cryptocurrency projects. This response effectively dismantled the credibility of OpenVPP’s initial announcement regarding their supposed government collaboration. Peirce’s swift clarification underscores a fundamental principle of regulatory bodies: maintaining impartiality and avoiding endorsements of private entities. Her statement serves as a vital reminder to the crypto community about the official stance of government agencies concerning private ventures. Moreover, ZachXBT’s analysis…
Share
BitcoinEthereumNews2025/09/18 02:13
Coinbase Joins Ethereum Foundation to Back Open Intents Framework

Coinbase Joins Ethereum Foundation to Back Open Intents Framework

Coinbase Payments has joined the Open Intents Framework as a core contributor, working alongside Ethereum Foundation and other major players. The initiative aims to simplify complex multi-chain interactions through automated solver technology. The post Coinbase Joins Ethereum Foundation to Back Open Intents Framework appeared first on Coinspeaker.
Share
Coinspeaker2025/09/18 02:43
Unleashing A New Era Of Seller Empowerment

Unleashing A New Era Of Seller Empowerment

The post Unleashing A New Era Of Seller Empowerment appeared on BitcoinEthereumNews.com. Amazon AI Agent: Unleashing A New Era Of Seller Empowerment Skip to content Home AI News Amazon AI Agent: Unleashing a New Era of Seller Empowerment Source: https://bitcoinworld.co.in/amazon-ai-seller-tools/
Share
BitcoinEthereumNews2025/09/18 00:10