XRP Rally Loses Steam as Bulls Fail to Break Crucial Wall

The firm says the market keeps showing the same behavior: sharp attempts to push higher, followed by equally sharp sell pressure that erases progress before momentum can build.

The Problem Isn’t the Sell-Off — It’s the Ceiling

MakroVision points to a specific pain point in the chart that has become the center of the battle. The price continues to collide with a supply zone around $2.48, and each approach has triggered heavy selling.

Instead of forming a base above that level, XRP has been pushed back multiple times, a dynamic that analysts say signals a tired market. The bulls keep charging the door, but none have managed to break it down.

Support Is Helping — But Only Barely

On the downside, XRP hasn’t collapsed either. The asset keeps returning to the region near $2.16, and so far that area has absorbed sell pressure. But the tone among analysts isn’t celebratory — support is acting like a safety net, not a springboard. MakroVision notes that this level aligns with an important Fibonacci level and that a lack of strong buying there is a red flag rather than a neutral sign.

If sellers finally push price below that safety net, the firm expects the market to look toward the $2.02–$1.88 range for the next major decision point. This isn’t just an arbitrary range; it combines horizontal support with additional Fibonacci clustering, which means both algorithms and manual traders are watching it.

The Path Back to Strength Isn’t Complicated

MakroVision did not present a doomsday scenario — simply a conditional one. If buyers manage to flip $2.48 into support, the bearish narrative evaporates quickly. A breakout there would open unused liquidity pockets toward $2.65, and price action could change character instantly. Until that happens, however, momentum favors the defensive side of the market.

MakroVision’s conclusion is not emotional: the chart is weak right now, and buyers need evidence — not hope — to regain control. Strength begins only above $2.48. Risk increases below $2.16. The space in between belongs to indecision.