XRP Multi-Timeframe Breakdown: Here’s What Comes Next

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XRPis once again under the spotlight as its price action shows signs of weakening across multiple timeframes. After a brief period of relative stability, recent breakdowns on the daily and intraday charts suggest a shift in market momentum that traders can’t ignore. As bearish pressure mounts and critical support levels begin to falter, XRP’s next move has become a major topic – will it find its footing soon, or is a deeper correction on the horizon? The XRP Key Bullish Divergence

In an X update, prominent crypto analyst Gowanus Monster highlighted a critical technical development for XRP. According to his analysis, the token has completed a bearish Descending Triangle formationacross multiple timeframes, a classic pattern that often signals continuation to the downside. Based on the measured move from this structure, the projected target is around $1.90, suggesting a potentially significant retracement if bearish momentum continues to build. Related Reading XRP Price Slips Again — Is a Deeper Correction Underway? 1 day ago

Zooming out to the weekly chart, the pattern is beginning to evolve into a well-defined structure, with clear upper and lower boundaries. Gowanus Monster noted that the current focus lies on identifying a higher low within this channel.  Source: Gowanus Monster on X

He also pointed to a key principle: when a price reboundfrom the upper boundary of a descending channel fails to reach the lower boundary, instead bottoming out early, it often precedes a bullish breakoutto the upside. This nuanced behavior, if confirmed, may set the stage for XRP to defy the current bearish structure and ignite a fresh rallybeyond the confines of its channel. Bear Trap Scenario: When Oversold Meets Demand

Accordingto crypto analyst GemXBT, XRP remains firmly entrenched in a short-term downtrend, with price action currently trading below the 5, 10, and 20-period moving averages. This alignment of moving averages is a classic sign of sustained bearish momentum, suggesting that sellers continue to dominate the market in the near term. Related Reading XRP Price Confirms Bullish Reversal Setup With This Demand Zone 1 week ago

Presently, the Relative Strength Index (RSI) has dipped into the oversold zone, suggesting an imminent reversal or a period of consolidationas the market seeks equilibrium. Meanwhile, the MACD line remains below the signal line, indicating that downside pressure persists, and any potential recovery could face headwinds.

From a price structure standpoint, GemXBT identified key support around $2.15, which could serve as a critical level for buyers to step in and defend. On the upside, resistance lies near $2.25, a zone that bulls would need to reclaim in order to shift short-term sentiment. The recent uptick in trading volume is worth noting, as it could introduce more volatility in the sessions ahead, either accelerating a breakdown if supportfails or fueling a sharp recovery if sentiment flips. XRP trading at $2.13 on the 1D chart | Source: XRPUSDT on Tradingview.com Featured image from Getty Images, chart from Tradingview.com