XRP Rejection Keeps Bearish Trend in Focus
XRP has returned to the $1.25–$1.32 demand zone after failing to break above descending resistance. The rejection near $1.37–$1.40 and a brief, unsuccessful move above the previous high near $1.39 reinforce XRP’s pattern of lower highs and lower lows, keeping its short-term outlook bearish. On the four-hour chart, buyers need to reclaim $1.30–$1.33 and form a higher low to ease selling pressure; resistance at $1.34–$1.35 is the next hurdle. A daily close below $1.25 could expose $1.20, followed by support at $1.09–$1.17. A sustained break above descending resistance and the $1.38–$1.40 area would improve the outlook, but any rebound remains vulnerable until XRP breaks its lower-high pattern.
Bearish
Both summaries describe a failed recovery and a continuing pattern of lower highs, with XRP back in a key demand zone. That keeps near-term downside risk elevated: a daily close below $1.25 could prompt traders to watch $1.20 and then the $1.09–$1.17 support area. The failed move above roughly $1.39 may also discourage breakout buyers and encourage selling on rallies. In the longer term, these levels are not guarantees of a continued decline. Holding the demand zone and reclaiming $1.30–$1.33 could support a rebound, while a sustained break above descending resistance and $1.38–$1.40 would weaken the bearish setup. Until then, traders may favour caution and closely monitor support, resistance and closing prices.