Ripple (XRP) has been fluctuating around the $1.5 mark, and a technical analysis has emerged suggesting the possibility of further declines on short-term charts. Market attention is focused not only on whether the $1.5 level can be defended, but also on the fact that the area around $1.4541 is being cited as the next support zone.

According to an analysis released by Finora AI on the CoinMarketCap community on the 24th, a scenario of continued short-term downward momentum was presented on XRP's one-hour chart. The XRP price mentioned at the time of the analysis was around $1.4991.

■ Short-Term Selling Pressure vs. Long-Term Support Structure Finora AI explained that XRP is trading below the EMA20, a short-term moving average, while remaining above the EMA200, a long-term moving average. The analysis suggests that while selling pressure exists in the short term, the support structure needed to judge the long-term trend has not entirely broken down.

■ Price Battle Zones... Downside and Rebound Scenarios The battle at various price levels is also drawing attention. The analysis pointed out that XRP recently bounced from around $1.4541 and $1.4928. In particular, if the $1.49 level breaks again, the area around $1.4541 was presented as the next zone to watch. If downward momentum strengthens further, $1.3675 was left open as a technical target zone. However, this does not mean the actual price will fall to that level; it is a technical scenario based on the current chart structure.

In the event of a rebound, the $1.54 to $1.62 range is critical. Finora AI viewed this price zone as a resistance area where supply and liquidity may be concentrated. How well XRP absorbs selling pressure while recovering this range could become a variable for short-term momentum.

■ Invalidation Price for Bearish Scenario: $1.6582 The invalidation price for the bearish scenario was set at $1.6582. According to Finora AI's analysis, if XRP closes above $1.6582, the existing bearish view would be invalidated, and the possibility of a structural shift toward an upward direction should be examined.

■ Remaining Points to Watch Ultimately, in the short term, the key points to watch are whether the $1.49 and $1.4541 levels hold as support, and in the event of a rebound, whether XRP can reclaim the $1.54 level or higher. However, the cryptocurrency market can see volatility expand significantly even in the short term depending on Bitcoin prices and global risk asset trends, making it difficult to determine direction based solely on specific technical price levels.

[This article is based on publicly available technical analysis and does not guarantee price forecasts. It is not an investment recommendation for any specific virtual asset, and investment decisions and responsibilities rest with the investor. AI provided partial assistance in the writing of this article.]