Usman Salis
⬤ XRP showed signs of life at a crucial support level following months of consistent losses. The crypto bounced from a strong area around $1.40 where buying interest finally kicked in, temporarily stopping the bleeding.
⬤ Looking at the daily chart, XRP went through a lengthy consolidation phase before diving into early 2026. The price slid down toward the $1.40 zone before producing a sharp rejection candle—a clear sign that buyers stepped in at that level and selling pressure eased up for now.
⬤ Since the bounce, XRP has tried pushing slightly higher while staying close to the support region. The overall structure still screams downtrend though, and this recent move just hints at a possible short-term relief rally rather than a full trend reversal.
⬤ What happens around this $1.40 support zone will decide where XRP heads next. If it holds, we might see a recovery move. If it breaks down, the downtrend will likely continue.
Usman Salis
