Market observer Charting Guy maintains that XRP has not shifted into bearish territory, even though its monthly Relative Strength Index (RSI) continues to weaken. His assessment follows several weeks of downward movement in the broader crypto market, during which XRP has struggled to sustain upward momentum. Despite currently trading at $2.21, XRP has registered a decline of more than 24% since October and is currently down nearly 17% in November. This trajectory places the asset on track to record two consecutive months of losses, a development not seen since the first quarter of the year. Analyst Rejects Bearish Interpretation According to Charting Guy, the recent decline does not indicate a shift into a long-term bearish trend. He argues that XRP is attempting to reinforce support near a critical historical price point rather than entering a negative market phase. His latest chart highlights that XRP continues to hold above the peak reached during the 2021 market expansion, when the asset climbed to $1.96 before correcting. $XRP is still NOT bearish in the slightest building support on prior cycle high as well as top of golden pocket the chart where people show you monthly RSI losing steam.. why didn’t they show you all that in January 2025 when RSI topped? RSI lost momentum ALL 2025 while… https://t.co/EZ2Oz1cpCV pic.twitter.com/ETtrwt1CLx — Charting Guy (@ChartingGuy) November 27, 2025 In the current cycle, XRP has not only regained this level but has remained above it for most of the year. Charting Guy interprets this behavior as evidence that the market is attempting to establish a strong support region before any meaningful upward movement can develop. He further notes that XRP’s overall pattern remains constructive, even with the recent fluctuations. Monthly RSI Weakness Draws Attention Other analysts have pointed to the sharp decline in XRP’s monthly RSI as a sign of possible vulnerability. After reaching 73.08 in July during XRP’s rise to $3.66 , the indicator has fallen steadily and currently sits near 57. This downward pattern has prompted speculation that the asset may continue to face pressure. However, Charting Guy disputes claims that the RSI’s decline signals a major breakdown. He explains that XRP’s monthly RSI actually reached its highest value of the year in January, hitting 84.4, and has been trending lower ever since. Despite the continued weakening of this indicator, XRP has not undergone severe depreciation. In fact, it remains positive for the year, with a gain of roughly 6.8%, while Bitcoin and Ethereum are both down over the same period. We are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 Interpretation of Current Market Phase Charting Guy believes the market is experiencing a consolidation phase that results in reduced indicator strength even while price levels remain relatively stable. He suggests this type of environment often precedes a re-accumulation period in which technical indicators reset while buyers gradually position themselves. His analysis shows several potential price targets once XRP exits its consolidation. The first resistance zones appear near the 0.888 and 1.0 Fibonacci levels, which align with $2.27 and $3.31. Beyond these points, he identifies higher extension targets at $8.29 and $13.38, with a final long-term projection situated at the 1.618 Fibonacci level around $26.6. Charting Guy has previously stated that he expects a substantial rally once market conditions improve. He recently commented that the current range is testing investor conviction and could precede a notable advance, potentially pushing XRP toward the $8 region once momentum shifts. Despite recent declines and weakening indicators, analysts like Charting Guy maintain that XRP’s broader structure remains intact. The asset continues to hold above key historical levels, suggesting the market is stabilizing rather than breaking down. While the monthly RSI has softened, this appears to reflect a period of consolidation rather than a shift into a prolonged bearish phase. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on Twitter , Facebook , Telegram , and Google News The post Analyst: XRP Bullish Structure Is Intact appeared first on Times Tabloid .
