XRP Tests Golden Pocket Support Following Weekly Pullback

TL;DR

• XRP is trading at $1.57 after a 3.3% daily decline, is down nearly 15% on the week, and is posting $3.65 billion in volume, down 35%.
• The price has returned to the $1.53–$1.60 support range, identified as the golden pocket in Fibonacci, after losing the $2 level.
• The technical setup places resistance at $1.78, $1.93, and $2.03. The current structure remains in place as long as XRP stays below the $2.03 threshold.

XRP is extending the correction that began in mid-January and is once again trading within the technical support zone between $1.53 and $1.60. According to the latest CoinMarketCap data, the token is priced at $1.57 and is down 3.3% on the day. Trading volume dropped 35% over the past 24 hours, standing at around $3.65 billion.

On a weekly basis, the decline is close to 15% and follows the loss of the $2 level, a reference that had held during the first weeks of 2026. In early January, XRP had rallied nearly 30% and reached a local high of $2.41. That move faded after a sequence of pullbacks that pushed the asset back into price zones last seen in late 2024.

From a technical perspective, the most recent bearish leg drove XRP into the $1.55–$1.60 area, identified as the golden pocket within a Fibonacci structure. Price reaction concentrated in that range after printing a low at $1.53. The current quote remains within the same block, without recovering prior levels.

Elliott Wave-based analysis places the end of the bearish Wave 3 within that zone. The prior structure shows a shallow Wave 2, which leaves room for a broader Wave 4 move. Under this framework, near-term technical levels are defined by stepped resistance zones.

XRP Will Maintain Its Structure While It Remains Below $2.03

The first level to monitor sits around $1.78, aligned with the 0.382 Fibonacci retracement. Above that area, the next reference points appear at $1.93 and $2.03. The $2.03 level совпides with the macro 0.5 retracement and acts as a structural threshold in the current context.

As long as XRP trades below $2.03, the prevailing structure remains intact. A rejection at that zone triggered the move toward current levels. A loss of support at $1.55 would leave the token exposed to further extensions within the same technical range.

In the short term, XRP is trading with lower relative participation, reflected in the contraction of daily volume. It continues to trade below key references and remains confined to the same technical range that defined the latest low