XRP remains under pressure as technical analysts from Mango Research warn that the token could decline to the $0.91 or even $0.80 range before any major upward move becomes likely. The foreca
XRP remains under pressure as technical analysts from Mango Research warn that the token could decline to the $0.91 or even $0.80 range before any major upward move becomes likely. The forecast follows XRP’s persistent movement within a year-long descending channel, a pattern traced since July of last year.
The Mango Research commentator identified a potential bullish reversal, but stressed that confirmation would only come if XRP breaks above the upper boundary of its current channel. Falling channels are at times interpreted as catalysts for trend shifts, yet the analysis notes that, for now, risk leans toward further declines.
According to the measured-move method employed by the analyst, a breakout would point toward a target of $1.62. This price also lies above the level described as “dynamic resistance” on a weekly indicator seen through the Mango Research dashboard.
In the short term, the outlook appears bearish. The analyst described XRP as “short across the board,” citing dashboard readings that indicate ample room for more downside. Volatility metrics with values of 18, 52, 13, 8, and 4 were referenced, though no detailed methodology was supplied for these numbers.
Additional downside signals emerged from the Mango Pulse indicator, which produced a bearish cross on the two-day chart. The analyst compared this setup to previous instances—specifically on January 23 and May 21—when similar crosses coincided with XRP losses of approximately 43% and 27%.
Despite the current negative momentum, the presenter framed the suggested $0.91 to $0.80 pullback as a possible accumulation opportunity. This zone aligns with the lower trendline of the falling channel and could, in the analyst’s view, offer buyers access to prior bear-market price territories.
Technical indicators also came into focus. The analyst highlighted stochastics readings below the 20th-percentile and an RSI that remains within the bearish-control area, historical setups that sometimes aligned with reversal points in earlier XRP market cycles. However, the commentary noted that indicator behavior in the past does not guarantee future outcomes.
For traders tracking XRP’s price structure, the critical threshold is the channel’s upper resistance. The analyst cautioned that the bullish scenario only materializes if the breakout is confirmed and XRP maintains this area as support.
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XRP’s price action will be guided not just by the projected $1.62 level, but by its ability to break above the channel’s key resistance and sustain those gains. Until then, analysts remain cautious about near-term downside risk toward $0.80 to $0.91, viewing potential dips as accumulation zones aligned with historical bear-market lows.
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Looking ahead, analysts emphasize the importance of monitoring XRP’s technical structure. A confirmed breakout could pave the way for renewed bullish interest, while holding below resistance may continue to expose the token to further declines.
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