Back to top
  • 공유 Share
  • 인쇄 Print
  • 글자크기 Font size
URL copied.

XRP Price Shows Signs of Seller Exhaustion After Prolonged Downtrend

XRP Price Shows Signs of Seller Exhaustion After Prolonged Downtrend. Source: EconoTimes

After nearly 160 days of sustained downside pressure, XRP is finally showing early signs that a meaningful shift could be forming. Since late summer, XRP price action has remained locked in a clearly defined bearish structure, marked by a declining channel, consistent lower highs, and repeated rejections from key moving averages. Any previous bullish attempts were quickly invalidated, reinforcing the dominant downtrend and frustrating investors hoping for a recovery.

Recently, however, the behavior of XRP has begun to change in a subtle but important way. Instead of sharp sell-offs and aggressive bearish momentum, the market is now showing signs of exhaustion. The rate of decline has slowed, and price action is compressing near the lower boundary of the descending channel. Each new sell-off appears weaker than the last, with limited follow-through, suggesting that selling pressure may be running out of strength.

This type of price behavior is often seen near the end of extended downtrends. Rather than a sudden V-shaped reversal, markets frequently form a base through a prolonged period of low volatility and fading bearish participation. XRP now appears to be entering that phase, where sellers are losing conviction but buyers are not yet aggressive enough to spark a breakout.

Momentum indicators support this narrative. The Relative Strength Index, which had been stuck in oversold territory for weeks, is now stabilizing instead of continuing lower. This shift indicates that downside momentum is being absorbed. Volume data tells a similar story, with reduced activity on red candles and a noticeable absence of major distribution spikes. Bears remain present, but their influence is no longer as dominant as before.

That said, there is still no confirmation of a bullish trend reversal. XRP continues to trade below its key moving averages and has yet to print a higher high, meaning the broader technical structure remains bearish. For now, the most accurate interpretation is that XRP is building a potential base, not launching a rally. If buyers step in and reclaim critical resistance levels, this period of consolidation could mark the foundation for the next major move.

<Copyright ⓒ TokenPost, unauthorized reproduction and redistribution prohibited>

Most Popular

Comment 0

Comment tips

Great article. Requesting a follow-up. Excellent analysis.

0/1000

Comment tips

Great article. Requesting a follow-up. Excellent analysis.
1