🚨🌟🌟 #Ripple (XRPUSDT) TA 🚨
#XRP mirrored the corrective pattern observed in Bitcoin, though with a more aggressive drop that pushed the price from $2.48 down to $2.30, where it found a strong support floor. The previous bullish structure was invalidated after breaking the ascending trendline and falling below the prior consolidation zone 📊
From a technical standpoint, several cycle-shift signals emerged: a break of structure (BOS), weakening buying volume, and an RSI in oversold territory 🚨
The outlook for XRP suggests a moderate short-term recovery, with a potential technical correction toward $2.38 if buying pressure continues. The upcoming week will be crucial to confirm whether this is a technical rebound or the beginning of a new bearish phase 👀