Usman Salis
⬤ XRP has pulled back to the $1.80 zone following a correction phase, landing at the same level that previously sparked a significant rally. The token broke down from a bearish descending triangle earlier, hitting its downside target before shifting into consolidation mode. Back in December 2025, when XRP was trading around this same $1.80 mark, few traders expected a breakout—but the price surged anyway.
⬤ That rally pushed XRP toward $2.40, a critical resistance zone that's now acting as a major pivot point on the chart. After failing to hold above that level, the token has been grinding lower in a controlled manner rather than dropping sharply, suggesting sellers are in control but not panicking.
⬤ Right now, XRP is forming a falling wedge pattern as it compresses toward support. The converging trendlines show volatility is shrinking, while repeated bounces near $1.80 confirm this level is holding as meaningful support. Since the earlier bearish triangle already played out, the focus has shifted away from further downside and toward what comes next structurally.
⬤ This setup matters because XRP is sitting at a spot where selling pressure has been absorbed and the price is coiling at historically important support. If $1.80 holds, the falling wedge stays valid and opens the door for a breakout toward higher resistance levels. But if support breaks, the pattern fails and downside risk comes back into play. How XRP moves from here will shape near-term sentiment and determine the next leg.
Usman Salis
