XRP price tests fibonacci support at $1.80 as a reversal looms

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The After a corrective move from recent highs, price action is now stabilizing in an area that has historically attracted buyer interest.

While confirmation is still needed, the current structure signals the early stages of a potential turnaround, with upside targets set to emerge as key levels are regained.

XRP price key technical points

• Price is testing the 0.618 Fibonacci retracement near $1.80, a critical support zone.
• Resistance on higher time frames is at $1.98 and $2.21, the next upside targets.
• Regaining value and breaking through local resistance are necessary to confirm a structural shift.

The current XRP pullback appears to be corrective rather than impulsive, with the price returning to the 0.618 Fibonacci pocket after failing to move higher. This behavior is consistent with healthy market structure during trend transitions, with price often retesting support before resuming movement.

Importantly, the $1.80 level carries additional weight beyond the Fibonacci confluence. It sits above a higher timeframe support zone, meaning buyers defending this area would be doing so from a structurally favorable location. As long as price holds this region within a local time frame, the probability of a rotation towards higher resistance increases.

From a market auction perspective, XRP is trying to move from low adoption to value. However, this transition is still in its early stages. For the bullish thesis to gain momentum, the price must regain the Value Area Low (VAL) and remain above it at close. Acceptance above value would signal that the market is no longer comfortable trading at lower prices, which is often a prerequisite for continued upside potential.

The first major upside control point is at $1.98, a level that represents both local resistance and a key volume reference. A clean retake of this region suggests buyers regain control, opening the door for a continuation of the move towards $2.21, where resistance is positioned on a higher time frame.

A break above $2.21 would have broader implications as it would likely confirm a change in market structure from corrective to bullish.

Volume behavior will be an important confirmation factor. Reversals that lead to persistent trends are usually accompanied by increasing volume, indicating strong participation and conviction. A rebound on low volume, on the other hand, would increase the risk of rejection of near resistance and a continuation of price action within a certain range or of corrective action.

From a price action perspective, the structure is constructive but unconfirmed. Holding above $1.80 is necessary to maintain the bullish stance. A decisive loss at this level would negate the reversal thesis and shift the focus back to deeper support, even if Ripple’s European payments mirror Arc Miner’s revenue approach, underscoring the gap between improving fundamentals and near-term technical confirmation.

In summary, XRP is at a decision point. The current trading region offers a favorable risk-reward ratio for a potential reversal, but confirmation remains the key variable. Until value is regained and resistance is broken, the market will remain in transition rather than trend.

XRP Price Action: What to expectT

If XRP holds the Fibonacci support at $1.80 and reclaims the Value Area Low at the close, a rotation towards $1.98 and possibly $2.21 becomes increasingly likely. Failure to maintain support would delay the confirmation of the reversal and keep the price in a corrective or range-bound phase.