He frames that level as more than just a random resistance area, describing it as a demand-zone \u201chold\u201d signal and also a reclaim of the 2021 resistance level, now acting as support.\u00a0<\/p>\n
If the XRP price can clear $1.90 on a monthly close, Winkle argues it would set the stage for retests higher up the chart\u2014specifically opening the door to $2.90 revisits.<\/p>\n
That bullish scenario includes a significant recovery math. If the XRP price climbs toward $1.90 ahead of April\u2019s close from current trading levels of $1.43, it would represent about a 32% recovery. Additionally, a potential rally of 102% up to the $2.90 area.<\/p>\n
On the other side, Winkle lays out what would count as a clear breakdown for bears. He says the most decisive bearish signal would be a monthly close below $1.27.\u00a0<\/p>\n
In his view, that would open the path for a faster move toward $1, with the potential for an Elliott Wave C-style correction that could land the XRP price in the broader $0.60 to $0.75 range. That bearish estimate would be severe: it could equate to around a 58% decline from the current trading zone.<\/p>\n
What The XRP Price Needs Next<\/h2>\n
While those price levels are the headline, Winkle also emphasized momentum context using the relative strength index (RSI) indicator.\u00a0<\/p>\n
He notes that at 47, the monthly RSI is not showing divergence in either direction yet. For him, that means the market has not reached a point where the next move is fully \u201chigh conviction\u201d on the monthly setup.\u00a0<\/p>\n
Instead, the RSI needs to do something more decisive\u2014either bouncing strongly above 55 to confirm a bullish phase, or pressing below 40 with a trajectory toward the 30 area, which he describes as a capitulation-type bottom.<\/p>\n
That brings the focus to the immediate battleground. Winkle\u2019s summary of where the XRP price stands is straightforward: the $1.27 to $1.43 range is where the outcome is likely being decided.<\/p>\n
Beyond the chart levels and RSI, Winkle pointed to a separate signal he believes is already strengthening the case for a potential upside leg\u2014something supply-side, rather than purely technical.\u00a0<\/p>\n