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XRP Price Prediction: Descending Trendline Keeps Sellers in Control Near $1.80


XRP Price Prediction: Descending Trendline Keeps Sellers in Control Near $1.80

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AI Overview

XRP price trades at $1.86, remaining below a descending trendline with negative netflows indicating seller dominance. The price has not gained sufficient momentum for a reversal, failing to reclaim key resistance levels.

Bearish

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  • XRP remains below a long-term descending trendline, keeping the broader structure bearish.
  • Spot netflows stay negative, with sellers using rebounds to reduce exposure.
  • Price holds above $1.80 support, but lacks momentum for a confirmed reversal.

XRP price today trades near $1.86, sitting just above a critical demand zone as sellers continue to defend a long-term descending trendline. The market remains compressed after weeks of lower highs, with price repeatedly failing to reclaim key resistance levels. While downside momentum has slowed, structure still favors sellers heading into December 25.

Descending Structure Defines The Broader Trend

XRP Price Action (Source: TradingView)

On the daily chart, XRP remains locked inside a prolonged corrective phase that began after the August peak. Price has continued to print lower highs beneath a descending trendline th…

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