PelinayPA2025-12-30

XRP Continues Its Downtrend

After the July peak, XRP has entered a clear downtrend and continues to trade below EMA (14) and EMA (30), confirming bearish conditions in the short and medium term. The downward sloping and converging moving averages suggest that, unless strong buying demand emerges, price rebounds are likely to be used as selling opportunities rather than signaling a trend reversal. Volume behavior supports this view. Declines have been accompanied by controlled and steady increases in volume rather than sharp spikes. The absence of strong, high-volume reversal candles near recent lows indicates systematic selling instead of panic liquidation, making it premature to conclude that the downtrend has ended. The 1.75-1.80 USDT zone stands out as the key support area, with price currently trading very close to this level. While XRP has previously shown brief stabilization here, daily closes below this range would likely accelerate the decline toward the 1.60-1.62 USDT major support. A break of this zone could open a technical and psychological downside gap. On a medium term basis, 1.40 USDT represents the final major support, and a move toward this level would confirm a deepening bear market. On the upside, the 1.95-2 USDT range acts as the first significant resistance, reinforced by EMA (30). Without sustained acceptance above this area, upside moves are expected to remain weak. A broader trend reversal is unlikely without a decisive close above 2.50 USDT. Overall, XRP is trading in a weak demand environment. Buyers remain cautious, sellers are consistent, and downside breaks occur more easily than upside breakouts. Short and medium term price direction continues to favor the downside.