XRP Price News: $1.80 Rejection Keeps Bears in Control
XRP remains under technical pressure as price action continues to trade below a key resistance level that previously acted as strong support. Market structure shows continued weakness as sellers defend the $1.80 zone, keeping the broader short term trend bearish. Traders are now watching whether the asset can stabilize or if further downside expansion is likely, as discussed in XRP price prediction: 57% upside or 43% drop as key decision zone emerges
XRP Faces Continued Rejection at Key Resistance
XRP continues trading below the critical $1.80 level, with technical indicators pointing to sustained bearish pressure. The token failed to reclaim this important resistance zone, which previously acted as major support before the breakdown. Price action continues to form lower highs, confirming the ongoing downtrend structure.
The $1.80 level remains the main structural pivot. Since losing this zone, every recovery attempt has resulted in rejection, forming a pattern that signals weakening bullish momentum. Similar structural behavior has been observed in previous cycle corrections, including the scenario described in XRP cycles suggest possible $0.73 retest after recent peak
Triangle Formation Signals Possible Volatility Expansion
Technical analysis shows a symmetrical triangle forming after the initial breakdown. This type of compression pattern often comes before a strong volatility move as price tightens within converging trendlines.
If XRP breaks below the triangle support, bearish momentum could increase and push price toward the next major support zone near $1.00. This level represents a historically important demand area where buyers could attempt to stabilize the market.
Market Structure Remains Bearish Below $1.80
“Until $1.80 is reclaimed, every bounce is just a lower high.”
The bearish scenario remains valid unless XRP manages to reclaim $1.80 and flip it back into support. Such a move could invalidate the current bearish structure and potentially improve short term sentiment.
However, continued failure at this resistance keeps downside risks elevated. Historical price cycles suggest that deeper corrections often occur after major rallies, especially during distribution phases.
Long Term Outlook Still Points to Larger Cycle Potential
Market cycle analysis shows XRP moving through a correction phase following a strong rally, now transitioning into a distribution structure marked by slowing momentum. While the short term outlook remains difficult, the longer term structure still attracts attention from cycle analysts.
Some long range Fibonacci models continue to suggest the possibility of significantly higher targets over extended timeframes, including projections toward $27 if larger bullish cycles eventually resume, as explored in XRP price prediction: Fibonacci model signals $27 target
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