Based on the XRPUSDT Perp – 1D timeframe chart you shared, here’s the clear behavior verdict:
📊 Overall Bias: NEUTRAL → SLIGHTLY BULLISH (corrective phase)
🔍 Price Action Analysis
XRP formed a base near 1.77, then made a strong impulsive move up to 2.41.
After the spike, price entered a pullback + consolidation phase around 2.05–2.15.
This is not a strong bearish trend—it’s a correction after expansion.
🧱 Key Levels
Support
2.00 – 1.98 (very important level)
1.88 – 1.90 (trend support)
Resistance
2.16 – 2.18
2.30 – 2.42 (major supply zone)
🧠 Market Behavior
Momentum cooled after rejection at 2.41, but higher low structure still holds.
No breakdown below major support yet.
Sellers are active near resistance, but buyers are defending 2.00.
When It Turns Bearish
Daily close below 1.98 → structure weakens
Breakdown below 1.88 → bearish continuation likely
✅ Simple Verdict
hort-term: Neutral / corrective
Mid-term: Bullish if price holds above 2.00
This is a consolidation after a bullish move, not a confirmed bearish trend.