The chart shows XRP continuing to trade below a long-term descending trendline, keeping the overall market structure bearish. Price is currently consolidating around $1.04–$1.05 after an extended decline.

Current Structure
🔻 Long-term downtrend remains intact.
📉 Lower highs and lower lows continue to dominate.
⚖️ Current price is attempting to stabilize near psychological support around $1.00.
Key Levels

🟢 Support

$1.00 (psychological level)
$0.88 (major swing low)

🔴 Resistance

$1.20–1.25 (near-term resistance)
Descending trendline
$1.45–1.60 (major resistance zone)
Bullish Scenario

A daily close above the descending trendline would be the first sign that bearish momentum is weakening.

Upside Targets

🎯 Target 1: $1.20
🎯 Target 2: $1.45
🎯 Target 3: $1.60+
Bearish Scenario

If XRP fails to hold above $1.00, sellers could regain control.

Downside Levels

📉 $0.95
📉 $0.88 (major support)

A break below $0.88 would confirm continuation of the broader downtrend.

Market Outlook

XRP remains neutral-to-bearish while trading below the descending resistance line. The current consolidation suggests selling pressure has slowed, but buyers need a convincing breakout above trendline resistance before a sustainable recovery can be confirmed.