XRP remains under the weight of its long-standing downtrend, but recent price action suggests that the bears may be losing their grip. Upside moves become sharper and more impulsive, while downside momentum slows, suggesting buyers are stepping in quietly. With a decisive breakout above key resistance, the bulls could prepare for a significant counterattack.
Overall bearish structure: the ceiling of the red trendline
According to the latest XRP chart update from MakroVision Research, the broader market structure remains firmly on a downward trajectory, clearly highlighted by the sharply descending red trendlines. These trendlines continue to limit any recovery attempts, leaving the overall technical picture unchanged and trending lower.
Although the internal structure of the market has started to show notable signs of improvement. Short-term price behavior reveals that upward movements become more impulsive, faster and more defined. At the same time, bearish phases gradually slow down, take longer to unfold and display less momentum.
This change is a classic indication of decreasing selling pressure and increasing buyer activity at lower levels. The market may still be below a dominant resistance zone, but its internal momentum is no longer as weak as before.
If XRP manages a decisive move above the red trendline around $2.48, it would unlock the upside potential that has been gradually building beneath the surface. Without this breakout, the token remains technically under pressure, but the grounds for a potential reversal are clearly forming.
Key price levels to watch include the resistance zone at $2.2 to $2.22, the major breakout level at $2.48, and the support region around $1.95 to $1.88, which aligns with both Fibonacci retracements and recent reaction points.
Two-way conflict: downtrend versus downtrend. Bullish internal structure
In conclusion, MakroVision Research highlighted that XRP is currently positioned on a dual path. While the main trend remains technically downward, the internal price structure is becoming increasingly and noticeably bullish. This decreasing bearish momentum makes the current chart very exciting.
The immediate fate of If XRP manages to convert this major resistance into support, the analyst warns that the accumulated bullish momentum could unfold very quickly, causing prices to rise rapidly.
Currently, the crucial question remains whether
