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$XRP currently finds itself in “deep trouble” amid the ongoing downtrend until it recovers a crucial support level that has turned into resistance since January.
While $XRP recently engineered a recovery campaign, chart data indicates that the ongoing downtrend continues to dominate the scene. Notably, the price remains below the pivotal $1.8 support area, now acting as resistance, and $XRP still sits in “deep trouble” until it reclaims this level.
Key Points
- $XRP recently staged a recovery effort as the broader crypto market reacted to the Israel-Iran conflict, recovering above $1.5 before falling to $1.46.
- Despite the latest upward push, chart data shows $XRP still sits in “deep trouble” as it continues to record lower lows and lower highs.
- $XRP initially traded between a parallel channel with resistance at $3.45 and support around $1.8 when the ongoing downturn started in Q4 2025.
- In January 2026, $XRP eventually slipped below the channel, giving up the $1.8 support, and has remained below it since then.
- Unless $XRP recovers the $1.8 support, which has now turned to resistance, it remains “in deep trouble” despite recent gains.
$XRP’s Latest Rebound Effort
This structure was highlighted in a recent market exposition by analyst Sjuul from the AltCryptoGems channel, as $XRP faces a roadblock to its latest rebound effort.
For context, after dropping to a low of $1.27 on Feb. 28 amid the initial reaction to the Israel-Iran conflict, $XRP eventually recovered alongside the rest of the crypto market, soaring first to a high of $1.47 before pulling back to $1.32 on March 8.
Bulls reignited the upward push after this low, with $XRP recording seven intraday gains out of eight days from March 9 to 16, its longest bullish stretch since September 2025. During this period, $XRP gained 14.9%, reclaiming the $1.5 level and closing March 16 at $1.54.
However, a further attempt to recover $1.6 earlier this week led to resistance at $1.6074, and has now resulted in a consistent pullback for $XRP, as the broader market momentum loses steam. $XRP now changes hands around $1.46, on track for its third consecutive intraday loss.
$XRP “In Deep Trouble”
Commenting on the latest rebound attempt and the subsequent correction, Sjuul insisted that he still sees $XRP “in deep trouble” once he zooms out. He shared data from the daily chart, which confirms that $XRP traded within a large parallel channel throughout 2025 despite the struggles that began in Q4 2025.
For context, this channel features a resistance trendline around $3.45 and a support trendline around $1.8. $XRP largely traded between both trendlines throughout 2025. Data from the accompanying chart shows that $XRP has been recording a series of lower lows and lower highs since hitting the all-time high of $3.6 in July 2025.
This has played into the ongoing downtrend that began in October 2025 and has pushed $XRP below the $3 and $2 psychological levels. However, despite the turbulence, $XRP remained within the parallel channel throughout 2025, holding above the pivotal $1.8 support level.
This changed in January 2026, when $XRP closed below $1.8 at the end of the month. Since then, the price has failed to reclaim or even retest the $1.8 level, as it has flipped from support to resistance. It is against this backdrop that Sjuul insists that $XRP remains in “deep trouble.”
Bullish Requirement and Downside Target
The market analyst also called attention to the bullish development that could help $XRP slip away from the troubling phase and the downside target if this development fails to materialize. According to him, $XRP must reclaim the $1.8 level and push back inside the parallel channel before it can invalidate the bearish bias.
Sjuul then highlighted a “no support zone” around $1.2 to $1.3, which $XRP overcame during the November 2024 rally. Since then, $XRP has respected this area, leveraging it as a cushion to bounce back during downturns. The analyst suggests the price could drop toward this level if $XRP does not quickly reclaim $1.8.
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