Technical analysis by CryptoCoinsCoach about Symbol XRP on 11/28/2025

XRP is approaching a critical point within its descending channel, where price has tested the demand floor multiple times and continues to hold above the structural low marked with the red X. This area has acted as a major liquidity pocket, and the market is showing early signs of absorption rather than continuation to the downside. The overall structure still respects the descending channel, but the reaction from the lower boundary suggests that sellers are weakening while buyers are gradually stepping in. This type of behaviour often precedes a mid-term trend reversal, especially when the market begins to form higher lows inside the same range. A breakout above the internal trendline would shift momentum upward and open the door for a larger continuation move into the upper supply block. As long as price holds above the current structural low, the bullish scenario remains active. Key Technical Notes: • Strong demand response near the channel’s lower boundary • Price defending the final structural low (red X) • Potential bullish divergence forming as momentum begins to stabilise • Break above the inner descending trendline can trigger acceleration Simple Interpretation: XRP is bouncing from major demand and trying to regain momentum. A breakout above the internal resistance trendline could confirm the start of a larger reversal wave. Invalidation: A clean breakdown below the red X level would invalidate the bullish scenario and open the way toward deeper support zones.