XRP Near $1.89 as Bearish Momentum Persists; Watch $1.80 Support and $2.00–$2.05 Resistance
XRP trades around $1.89 after several months of downward pressure that reshaped market structure since mid‑2025. Technical indicators remain bearish: EMAs are stacked downward with the falling 20‑day EMA sitting near the $2.00–$2.05 resistance band and the 100‑day EMA above near ~$2.35. Price is below major EMAs, momentum is weak, and the market structure favors further downside. Spot net flows have been negative (about $10.7M outflows in the latest report) and persistent spot outflows point to distribution rather than accumulation. Derivatives show active participation: open interest rose in the later update while futures OI earlier showed declines, and liquidations have punished long positions. Key structural support is at $1.80–$1.85; a decisive break below that zone could open a move toward the mid‑$1.60s. Conversely, a daily close above the $2.00–$2.05 band and a reclaim of the 100‑day EMA would reduce downside risk and suggest a corrective phase. For traders: monitor the $1.80–$1.85 support and the $2.00–$2.05 resistance/20‑day EMA for breakout or failure signals, and track spot net flows, open interest and liquidation activity for conviction. Tactical oversold bounces are possible, but the prevailing bias remains bearish until key resistance levels are reclaimed.
Bearish
Both reports indicate dominant downside bias for XRP: EMA stacking is bearish, price sits below key moving averages (including the 100‑day), momentum is weak, and market structure favors lower prices. Persistent spot outflows (~$10.7M) point to distribution rather than accumulation, and derivatives data show pressure on long positions via liquidations. Short term, traders may see tactical oversold bounces, but without a daily close above the $2.00–$2.05 resistance band and a reclaim of the 100‑day EMA, downside risk remains. A break below $1.80–$1.85 would likely accelerate declines toward the mid‑$1.60s, while a sustained reclaim of resistance would shift the outlook to neutral or mildly bullish. Therefore the immediate impact is bearish for XRP’s price, with risk management advised around the identified support and resistance zones and close monitoring of spot flows, open interest and liquidation events to gauge conviction.