Momentum is hinting at a shift as XRP shows signs of exhaustion in its downtrend.
The XRP price steadily dropped from around $1.51 to nearly $1.40, with support at $1.40, and consecutive bearish candles confirm sustained selling pressure and weak bullish attempts.
Lower highs and lower lows continue to define the short-term structure, although the latest candle near $1.40 signals slowing downside momentum.
A potential reversal has emerged as the TD Sequential prints a “9” buy signal near $1.40 support. This setup often appears at trend exhaustion points before a bounce.
According to Ali Martinez, such signals can attract short-term buyers seeking reversals.
If demand builds, XRP may recover toward $1.43, with a further push toward $1.45 possible. Failure to hold $1.40 could expose the price to deeper losses near $1.38.
XRP holds $1.39 support as bullish recovery structure builds
A rebound is forming for XRP after the price reacted strongly from a lower demand pocket. The chart shared by analyst GainMuse shows buyers defending support near $1.39.
This recovery followed a sharp pullback that briefly interrupted the earlier upward trend structure. The bounce suggests demand is returning as sellers lose short-term control.
Technically, price is rebuilding within an ascending support structure, signaling a possible continuation of the broader uptrend.
XRP is gradually forming higher lows as buying pressure stabilizes the base.
If momentum continues improving, price could climb toward the $1.48 resistance area.
A break above that level may open the path for further upside, while holding $1.39 remains critical for maintaining the bullish outlook.
XRP market outlook
XRP price remains in a clear downtrend on the daily chart, marked by consistent lower highs and lower lows.
Price declined from above $2.50 to around $1.37, showing sustained selling pressure. A brief consolidation has formed between $1.30 and $1.50 after the sharp drop.
Buyers attempted minor recoveries, but momentum stayed weak, keeping price action largely sideways near $1.37.
As of writing, XRP was trading at $1.37, down 1.92% over the past 24 hours.
The indicators reflect weakening bearish momentum, but no confirmed reversal yet.
MACD remains slightly negative, with its lines converging near the zero level. The histogram shows shrinking bars, signaling fading selling pressure.
The relative strength index (RSI) trades between 42 and 50, indicating neutral to slightly bearish conditions