"Rebound is Over"...XRP's Upward Scenario Collapses, Only Downward Path Remains

▲ XRP/ChatGPT Generated Image

An analysis suggests that XRP's recent rebound has ended, and the market direction is once again tilting downwards.

According to reports from virtual asset specialized media on April 9 (local time), XRP failed to secure additional upward momentum after a short-term rebound, increasing the likelihood of re-entering a downward scenario. Analysts characterized the recent rise as a ‘relief rally,’ deeming it difficult to see as a trend reversal.

Currently, XRP remains trapped within a long-term downtrend that has continued since its 2025 peak. Although there was a short-term rebound, structurally, it is still maintaining a typical bearish pattern of repeating lower highs and lower lows, according to analysis.

Technically, whether it breaks through the upper boundary of the descending channel is identified as a key variable. If it fails to break this resistance line, additional downward pressure is likely to intensify, and some analyses also warn that the decline could accelerate if key support levels are breached.

However, there are also views that it is too early to conclude a complete bearish reversal. In the long term, a strong rebound could occur upon breaking out of the descending channel, and past similar patterns have shown instances of sharp rises after such breakouts.

Ultimately, XRP is at a crossroads where the negative signal of the short-term rebound ending coexists with the possibility of a medium-to-long-term reversal. The market is currently deemed to be in a phase of exploring direction between ‘trend continuation’ and ‘reversal initiation.’

*Disclaimer: This article is for investment reference only, and we are not responsible for any investment losses based on it. The content should be interpreted for informational purposes only.*