XRP’s Downtrend Shows Cracks — Are the Bulls Preparing A Counterstrike?

Source Newsbtc

XRP remains under the weight of its long-standing downtrend, but recent price action suggests the bears may be losing their grip. Upward moves are becoming sharper and more impulsive, while downward momentum slows, hinting that buyers are quietly stepping in. With a decisive breakout above key resistance, the bulls could be gearing up for a significant counterstrike.

Overarching Bearish Structure: The Red Trend Line Cap

According to the latest XRP chart update by MakroVision Research, the broader market structure remains firmly within a downward trajectory, clearly outlined by the steeply declining red trend lines. These trend lines continue to cap every attempt at recovery, leaving the larger technical picture unchanged and leaning bearish.

Although the internal structure of the market has begun to show notable signs of improvement. Short-term price behavior reveals that upward movements are becoming more impulsive, faster, and more defined. At the same time, the downward phases are gradually slowing, taking longer to unfold and displaying less momentum.

This shift is a classic indication of fading selling pressure and increasing buyer activity at lower levels. The market may still be sitting below a dominant resistance zone, but its internal dynamics are no longer as weak as before.

XRP

If XRP manages a decisive move above the red trend line around $2.48, it would unlock the bullish potential that has been quietly building beneath the surface. Without this breakout, the token remains technically under pressure, but the groundwork for a potential reversal is clearly forming.

Key price levels to watch include the $2.2 – $2.22 resistance zone, the major $2.48 breakout level, and the support region around $1.95 – $1.88, which aligns with both Fibonacci retracements and recent reaction points.

Dual Track Conflict: Bearish Trend Vs. Bullish Internal Structure

In conclusion, MakroVision Research has highlighted that XRP is currently positioned on a dual-track path. While the big trend remains technically downward, the internal price structure is becoming increasingly and noticeably bullish. This diminishing downward momentum makes the current chart highly exciting.

The immediate fate of XRP now depends entirely on whether the asset can achieve a sustainable breakout above the crucial resistance marks previously mentioned, specifically the $2.48 trend line. If XRP succeeds in converting that major resistance into support, the analyst warns that the built-up bullish momentum could unfold very quickly, leading to a rapid surge in price.

Currently, the critical question remains whether XRP can achieve a durable trend reversal and capitalize on its internal strength, or whether the overarching bearish pressure will ultimately prevail, forcing the price to fall deeper toward the significant $1.4 low.

XRP
Disclaimer: For information purposes only. Past performance is not indicative of future results.
placeholder
Bitcoin Pauses for Breath Above $92,000 as Bulls Weigh Next Run at $95,000Bitcoin consolidates above $92,000 and the 100-hour SMA as traders eye a breakout toward $96,450 or a potential retracement to $90,500 support.
Author  Mitrade
Dec 05, Fri
Bitcoin consolidates above $92,000 and the 100-hour SMA as traders eye a breakout toward $96,450 or a potential retracement to $90,500 support.
placeholder
Gold Price Forecast: XAU/USD edges lower below $4,200 amid worries about hawkish Fed rate cutGold Price (XAU/USD) trades in negative territory around $4,195 during the early Asian session on Tuesday. The precious metal edges lower amid concerns that the US Federal Reserve (Fed) will adopt a hawkish tone in its rhetoric, despite delivering a rate cut on Wednesday. 
Author  FXStreet
Dec 09, Tue
Gold Price (XAU/USD) trades in negative territory around $4,195 during the early Asian session on Tuesday. The precious metal edges lower amid concerns that the US Federal Reserve (Fed) will adopt a hawkish tone in its rhetoric, despite delivering a rate cut on Wednesday. 
placeholder
Silver Price Forecast: XAG/USD refreshes record high, looks to build on move beyond $61.00Silver (XAG/USD) enters a bullish consolidation phase during the Asian session and oscillates in a narrow range near the all-time peak, around the $61.00 neighborhood, touched this Wednesday.
Author  FXStreet
Yesterday 01: 30
Silver (XAG/USD) enters a bullish consolidation phase during the Asian session and oscillates in a narrow range near the all-time peak, around the $61.00 neighborhood, touched this Wednesday.
placeholder
Bitcoin Breaks Above $94K Again: Is the Bull Market Back?​Bitcoin has reclaimed the $94,000 mark, suggesting a possible short-term bullish uptrend, despite concerns over liquidity.
Author  Mitrade
18 hours ago
​Bitcoin has reclaimed the $94,000 mark, suggesting a possible short-term bullish uptrend, despite concerns over liquidity.
placeholder
Solana Bulls Eye $145 Breakout as Institutional Flows and Derivatives AlignSolana (SOL) targets a breakout above $145 as four days of ETF inflows, rising futures open interest, and growing on-chain liquidity signal a return of bullish momentum.
Author  Mitrade
18 hours ago
Solana (SOL) targets a breakout above $145 as four days of ETF inflows, rising futures open interest, and growing on-chain liquidity signal a return of bullish momentum.
goTop
quote