XRP is trading near $1.43, testing crucial long-term support after a prolonged correction in 2025. Weekly technical indicators show sustained bearish momentum, with the price below key moving averages and indicators like the RSI and MACD pointing to continued weakness. However, analysis of longer-term monthly charts suggests the current pullback may represent a retest of a significant prior breakout level.
The cryptocurrency XRP is trading around $1.43, hovering just above the critical 200-week exponential moving average support near $1.41. Data shows the asset closed below its 20, 50, 100, and 200-week EMAs, reflecting a sustained corrective trend that began after a late-2024 rally.
Momentum indicators align with the bearish weekly structure. The Relative Strength Index is near 31, while the MACD remains negative and weakening, indicating sellers maintain control.
A weekly close below the $1.41 support zone would signal potential for further weakness. Any rebound attempt would face immediate resistance in the $1.72 to $1.86 region where key moving averages converge.
Despite recent weakness, some analysts see long-term strength in the price structure. Analyst Javon Marks stated that XRP is experiencing a bounce after testing a previous resistance level, a pattern seen before large gains.
On monthly timeframes, XRP recently broke out from a multi-year descending pattern and a subsequent symmetrical triangle formation. The current retracement is testing that breakout level, which “is a healthy sign” according to the analysis.
