XRP Slides Into Golden Pocket Support as Selling Pressure Deepens

Source: ETHNews Original Title: XRP Slides Into Golden Pocket Support as Selling Pressure Deepens Original Link: XRP continues to struggle under intense market-wide pressure, with the latest MakroVision Research update highlighting a clear continuation of the downtrend. After losing the key $2.22 support, the market has shown almost no signs of a sustainable bounce, pushing XRP into deeper retracement zones.

The newly updated market data confirms the same bearish tone: sentiment remains extreme fear, volatility is elevated, and XRP trades near multi-month lows around $2.05.

XRP Hits Major Fibonacci Support but Reaction Is Weak

MakroVision’s latest chart shows XRP falling precisely into the 0.618–0.665 Golden Pocket between $1.87–$1.82, a historically important zone where assets often attempt to stabilize. This area was highlighted on the chart with a yellow marker, and XRP tapped it perfectly.

However, the research team notes that the bounce so far has been shallow:

• The reaction was brief and lacked follow-through
• Buyers failed to push price back toward former support levels
• Market structure remains heavy and controlled by sellers

The report emphasizes that $1.96 is now the critical short-term threshold. A sustained move above it is needed to halt the decline.

Key Support Zones: What Happens If XRP Breaks Lower

If the Golden Pocket fails to hold, MakroVision outlines the next major downside target $1.76–$1.66.

This zone represents the 0.786 Fibonacci level, combined with a local structural shelf from previous consolidation phases. A move into this region would significantly deepen the correction and confirm continuation of the medium-term downtrend.

The broader market picture, high volatility, extreme fear readings, and risk-off sentiment, makes this scenario increasingly likely unless bulls reclaim momentum quickly.

Upside Scenarios: What XRP Must Recover to Stabilize

MakroVision makes it clear: the path upward is steep and requires reclaiming several broken levels.

Immediate Level to Reclaim

• $1.96 – Former support, now new resistance
  Reclaiming this flips short-term momentum neutral instead of bearish.

Higher Resistance Levels

• $2.22 – Previously a crucial horizontal zone
• $2.48 – A stronger structural resistance above

Both of these remain distant given the current price action. As long as XRP remains below $1.96, MakroVision classifies the trend as decisively bearish.

Market Indicators Confirm the Trend

Supporting the analysis, the current data shows:

• Bearish sentiment
• Price below both 50-day and 200-day SMAs
• Volatility elevated at 8.10%
• RSI at 32.49, hovering just above oversold

All indicators align with MakroVision’s core thesis: momentum belongs to sellers.

Conclusion

MakroVision Research concludes that XRP is still trapped in a strong short-term downtrend.

The Golden Pocket at $1.87–$1.82 has produced only a weak reaction, and unless the price can climb back above $1.96, downside continuation remains the higher-probability outcome.

The longer XRP stays below key reclaimed support zones, the harsher the broader market tone becomes, and the more likely the next support cluster at $1.76–$1.66 comes into play.

XRP bulls must act swiftly. Until then, the trend remains firmly bearish.