XRP Technical Outlook – Price Holding Support Inside Falling Channel XRP continues to trade inside a clear falling channel, with repeated rejections from the upper trendline keeping the overall structure bearish. The price recently bounced from the $1.82–$1.90 major demand zone, which remains the strongest support area on the chart. However, upside momentum is still limited as XRP struggles to break above the 0.236 Fib level at $2.254, which has acted as a firm resistance in recent sessions. XRP also trades below all major EMAs: 20 EMA: 2.142 50 EMA: 2.285 100 EMA: 2.443 200 EMA: 2.482 These EMAs are sloping downward and stacked above the price, confirming sustained bearish pressure. A breakout from the falling channel and a daily candle close above $2.254 (0.236 Fib) would be the first sign of a potential trend reversal. If this happens, price could target: $2.523 (0.382 Fib) $2.741 (0.5 Fib) $2.958 (0.618 Fib) $3.267 (0.786 Fib) Major resistance remains at $3.66, the 1.0 Fib swing high. On the downside, losing the $1.82 support could trigger a deeper decline, putting XRP at risk of a sharper correction. RSI is currently around 44–45, indicating neutral-to-bearish momentum but showing early signs of stabilizing. 📊 Key Levels Resistance $2.254 (0.236 Fib – key breakout level) $2.523 (0.382 Fib) $2.741 (0.5 Fib) $2.958 (0.618 Fib) $3.267 (0.786 Fib) $3.661 (1.0 Fib) Support $1.82 – $1.90 (major demand zone) Channel lower support (blue trendline) RSI 44–45: neutral, slightly weak 📌 Summary XRP is holding above a strong support zone but still trading inside a falling channel with all major EMAs acting as resistance. A breakout above $2.254 is essential to confirm any bullish reversal. Until then, momentum remains weak and the trend continues lower. $XRP #DecemberMarketOutlook