- XRP remains trapped between $1.22 support and $1.55 resistance levels.
- Analysts believe the current structure still resembles a broader ABC correction.
- High-leverage long positions could increase downside volatility if support breaks.
XRP continues trading inside a narrow range as analysts closely monitor whether the token can finally break free from months of sluggish price action. Compared to Bitcoin, which has already posted much stronger recovery rallies lately, XRP has struggled to generate meaningful momentum and still appears stuck in a corrective phase.
For now, traders say the broader structure still leans bearish. The current movement lacks the kind of impulsive strength usually associated with the beginning of a fresh bull cycle, and until key resistance levels are reclaimed convincingly, many market participants remain cautious on XRP’s outlook.

XRP Holds Between Major Support and Resistance Levels
At the center of the current setup is XRP’s well-established trading range between $1.22 support and $1.55 resistance. According to analysts at MCO Global Español, higher timeframe charts haven’t changed much in recent weeks, with price action continuing to resemble a broader ABC corrective structure.
In Elliott Wave theory, an ABC correction typically consists of two downward legs separated by a temporary recovery bounce. Right now, analysts believe XRP may still be moving through that middle recovery phase, commonly referred to as the B-wave. While the token could still push higher in the short term, that alone wouldn’t necessarily confirm a bullish reversal.
There’s still room for XRP to rally toward the broader resistance zone between $1.78 and $2.87, but even that scenario would remain consistent with a corrective structure rather than the start of a sustained uptrend. If the current count remains valid, the market could eventually transition into a deeper C-wave decline afterward, and honestly, that’s what many traders are watching for now.

Weak Momentum Keeps XRP Bulls Under Pressure
One of the biggest concerns surrounding XRP right now is simply the lack of momentum compared to the rest of the crypto market. Bitcoin has already produced stronger rebound moves during recent sessions, while XRP continues lagging behind. That divergence is starting to stand out more clearly.
Analysts argue that if XRP cannot regain stronger momentum soon, the current corrective setup could eventually send the asset significantly lower. Based on the existing wave structure, some projections place a possible C-wave decline somewhere between $0.98 and even $0.48 under more bearish conditions.
That’s obviously a substantial drop from current prices, which is why traders remain highly focused on whether the $1.22 support level can continue holding. So far it has survived repeated pressure, but the market still feels fragile, especially with broader sentiment shifting so quickly across crypto.
Leverage Liquidation Risks Continue Building
Additional downside pressure may also come from leveraged positioning inside the futures market. Analyst CW recently warned that even a relatively small decline from current levels could wipe out a large portion of high-leverage long positions sitting just below the market.
That matters because forced liquidations tend to accelerate volatility once they begin. If XRP breaks below the $1.22 support zone, cascading liquidations could rapidly intensify selling pressure and potentially drag the price toward the lower end of projected correction targets.
For now, though, the range remains intact. XRP continues bouncing between support and resistance without committing to a clear breakout in either direction. Until that changes, analysts still view the broader corrective structure as the dominant narrative guiding price action, even if occasional short-term rallies create temporary optimism.
Disclaimer: BlockNews provides independent reporting on crypto, blockchain, and digital finance. All content is for informational purposes only and does not constitute financial advice. Readers should do their own research before making investment decisions. Some articles may use AI tools to assist in drafting, but every piece is reviewed and edited by our editorial team of experienced crypto writers and analysts before publication.

3 hours ago
12









English (US) ·