The $XRP /USDC pair is currently trading around 1.4206, showing mild intraday strength (+0.69%), but the broader structure on the 1D timeframe still reflects a dominant downtrend.

Let’s break down what the chart is telling us.

🔍 Market Structure Overview (1D Timeframe)

Current Price: 1.4206

24h High: 1.4300

24h Low: 1.3814

Recent Major Low: 1.1173

The chart shows a clear bearish structure from the 2.14 zone down toward 1.11. Price is currently attempting stabilization after a strong selloff.

📊 Moving Average Analysis

The moving averages give us important directional clues:

MA(7): 1.4559

MA(25): 1.5200

MA(99): 1.9020

What This Means:

✅ Price is trading below MA(25) and MA(99) → Strong bearish macro bias.

⚠️ MA(7) recently flattened → Possible short-term consolidation.

📉 MA(99) trending downward → Long-term bearish pressure remains intact.

Until price reclaims and closes above MA(25), bulls remain cautious.

🕯️ Candlestick Behavior

After the sharp drop to 1.1173, we saw:

A strong green recovery candle (bullish reaction)

Followed by consolidation and smaller candles

Recent rejection wick near the 1.51 area

This suggests:

Buyers defended the 1.11–1.20 zone

Sellers are still active near 1.50 resistance

Market is currently in a compression phase.

📌 Key Levels to Watch

🟢 Support Zones:

1.38 (short-term support)

1.29 (minor support)

1.11 (major demand zone)

🔴 Resistance Zones:

1.51 (short-term resistance)

1.74 (mid-level resistance)

1.96+ (macro resistance near MA99)

A daily close above 1.51 could open room toward 1.74.

Failure to hold 1.38 may revisit 1.29.

🧠 Possible Scenarios

📈 Bullish Scenario

Break and close above 1.51

Volume expansion

MA(7) crossing above MA(25)

Target: 1.74 → 1.96

📉 Bearish Scenario

Rejection at 1.45–1.51

Breakdown below 1.38

Target: 1.29 → 1.11 retest

⚡ Market Sentiment

The structure still favors bears overall, but volatility compression suggests a breakout is approaching. Traders should wait for confirmation rather than predicting direction.

💡 Strategy Tip

Avoid over-leveraging in consolidation zones.

Wait for daily candle confirmation.

Always use stop-loss.

Manage risk strictly (1–2% per trade).

🏁 Final Thoughts

XRP is currently in a recovery attempt within a broader downtrend. The next major move will likely come from a break of either 1.51 resistance or 1.38 support.

Patience > Prediction.