$XRP is approaching one of its most closely watched technical levels after months of steady weakness pushed the token into a broad corrective structure. While the price has yet to confirm a reversal, several market analysts believe downside momentum may be slowing as $XRP trades near long-term support.
Notably, the latest chart studies focus on different indicators, but they reach a similar conclusion. Price continues to test a critical area where previous market cycles found support, while momentum indicators are beginning to resemble conditions seen before earlier recoveries. Even so, analysts stress that confirmation still depends on $XRP reclaiming key resistance levels.
Analysts Focus on Long-Term Support Zone
Analyst Rachel Crypto shared a long-term chart showing $XRP trading inside a descending corrective channel following the completion of its previous impulsive advance.
According to the chart, the correction has gradually pushed the price into what is labeled as a “3D Fair Value Gap Box,” a zone that coincides with historical demand. The analysis suggests $XRP could be entering the final portion of its corrective cycle if buyers continue defending this support.

The projected path on the chart remains conditional rather than guaranteed. It shows a possible recovery beginning from current levels before targeting higher Fibonacci retracement zones over time.
Instead of predicting an immediate rally, the analysis argues that patience remains important while $XRP continues building support inside the lower section of the channel.
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$1.65 Remains the Key Technical Level
EGRAG Crypto highlighted $1.65 as the most important price level on the monthly timeframe.The analyst noted that $XRP recently opened below the 50-period simple moving average, placing attention on whether buyers can reclaim that indicator before the monthly close.
Historically, $XRP has often tested its longer-term 88-period moving average before beginning larger expansion phases.

Based on previous market cycles, EGRAG outlined several possible outcomes. The analyst assigned the highest probability to $XRP revisiting the 88 SMA before any sustained breakout, although a faster recovery above the 50 SMA would improve the bullish outlook.
Above all, the analysis identifies $1.65 as the trigger level. Holding above that area would preserve the broader structure, while a confirmed move through long-term resistance would strengthen the case for higher targets in later phases of the cycle.
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Monthly RSI Adds to Recovery Expectations
Another chart shared by Ripple shows $XRP forming a long-term symmetrical triangle, while the monthly Relative Strength Index continues to move toward the lower end of its historical range.
Previous major market bottoms developed after the RSI reached similar levels before turning higher. Although the current reading has not yet produced a confirmed reversal, the indicator suggests selling pressure has eased compared with earlier stages of the correction.

Meanwhile, the price structure continues to tighten within the multi-year triangle. Such formations often precede larger directional moves once the price breaks beyond either boundary.
For now, the technical picture remains balanced. Long-term support continues attracting attention, momentum indicators are showing early signs of stabilization, and analysts remain focused on whether $XRP can reclaim resistance levels before confirming that the broader correction has ended.