$XRP /USDT BEARISH RETEST – RIPPLE STRUGGLES TO HOLD ABOVE SUPPORT AS SELL PRESSURE BUILDS!
$XRP is trading around $2.33, down nearly -1%, after facing repeated rejections near the $2.36–$2.40 resistance zone. The price action shows a short-term bearish structure, as lower highs are forming on the 4H chart. Momentum indicators like MACD and RSI suggest weakening buyer strength, while volume decline confirms fading bullish momentum. A dip below $2.30 could trigger a deeper correction toward the next support levels.
Trade Setup (Short Entry):
Entry: $2.33 – $2.36
Take Profit (TP): $2.28 / $2.22 / $2.19
Stop Loss (SL): $2.40
Market Outlook:
While XRP remains fundamentally strong, the short-term technicals lean bearish. A breakdown below $2.30 would confirm continuation toward $2.20 support, whereas a rebound from that zone could provide a fresh long entry opportunity. For now, traders should stay cautious and wait for a confirmed reversal signal before turning bullish again.
#XRP #BearishSetup #Ripple #CryptoAnalysis #AltcoinMarket $XRP