Overview
- XRP traded near $1.86 on Monday, consolidating around a support band that has repeatedly absorbed selling in recent sessions.
- Charts highlight multiple bottoming patterns, including a triple bottom near $1.76, an inverse head-and-shoulders on the daily, and an Adam and Eve setup on intraday timeframes, alongside bullish MACD divergence.
- Weekly momentum gauges show extreme oversold readings, which have preceded relief rallies in past cycles, though confirmation requires reclaiming resistance.
- Key levels flagged by analysts include resistance around $1.90–$2.00 with a measured move toward ~$2.10 if broken, and downside risk toward ~$1.50 on a break below ~$1.75–$1.80.
- Trading activity remains muted with lower 24-hour volume and futures open interest, and coverage notes a supportive longer-term backdrop from newly launched U.S. spot XRP ETFs and RLUSD stablecoin growth.