XRP Price Outlook: Why the Chart Signals Growing Bearish Pressure

XRP is struggling to maintain its grip on the crucial $2 level, and the current market structure offers very little reason for optimism. Since early October, the asset has been locked in a clear downtrend marked by consistent lower highs, lower lows and a well-defined descending channel. Every attempt to push through resistance has been rejected immediately, and the most recent pullback from the mid-channel zone confirms that sellers remain firmly in control.

The broader market environment is not confused — it is fatigued, thinly liquid and tilted heavily to the downside. What makes XRP’s situation more concerning is not just the decline itself but the manner in which it continues to unfold. Price action repeatedly retreats from the 20-day and 50-day EMAs, treating them like unbreakable ceilings. Any bullish momentum evaporates after a couple of candles, and buying volume remains weak compared to the strong sell-side spikes that accompany each breakdown.

This behavior aligns more with a continuation pattern than any form of bottoming structure. There is no accumulation, no basing and no meaningful pause. A loss of the $2 level exposes the next liquidity pocket around $1.85 to $1.90, and if the channel breaks again — similar to the panic wick seen in November — a deeper slide becomes a realistic scenario.

Technical indicators offer little relief. The RSI hovering in the mid-40s is meaningless without a divergence or trend shift. The 200-day EMA sits far above current price action, and the ongoing 50/100 EMA mini-death cross continues to reinforce downside pressure. Historically, XRP tends to bottom through aggressive capitulation rather than gradual selling, yet no signs of exhaustion are visible.

With buyers failing to step in and momentum deteriorating, the most coherent outcome remains a move lower unless XRP experiences an unusually strong surge in demand. At this stage, the chart is delivering a clear, if harsh, message: bearish conditions still dominate.