XRP Outlook: Is the Recent Bounce Just a Trap or the Start of Recovery?
Crypto analytics firm MakroVision has released a fresh technical outlook on $XRP , highlighting that although the market has shown signs of recovery after a sharp sell-off, the broader trend is still not fully bullish.
Recently, XRP faced an aggressive sell-off, printing a new lower low. According to MakroVision, such intense downward moves often appear near the final phase of major corrections, where panic selling and investor capitulation peak.
After hitting this low, XRP staged a strong short-term rebound, surging more than 30% in a short time. Analysts believe this type of sharp bounce is a natural reaction after a heavy drop — but not necessarily a confirmation of a trend reversal.
Despite the recovery, MakroVision warns that XRP remains in a medium-term downtrend. The outlook will stay bearish unless XRP breaks above the key resistance cluster, formed by the descending trendline and the major resistance zone around $2.20.
As long as the market continues to form lower highs, it is still too early to declare a full trend reversal.
From a technical perspective, reclaiming the $1.80–$1.85 range is seen as a strong bullish signal. A sustained breakout above this zone could significantly increase the probability of further upside momentum. However, the liquidity area near $1.35 remains a critical support level that traders should closely monitor.
MakroVision also cautioned that deep and sudden pullbacks during the recovery phase could signal weakness rather than strength. Historically, similar structures have often led to the formation of new lows before a real trend reversal begins.