$XRP is currently trading at $2.18, with signs of weakening momentum:
🔹 Bollinger Bands are starting to narrow, indicating reduced volatility and a potential breakout soon.
🔹 MACD is slightly bearish, with the signal line above the MACD line - suggesting continued short-term weakness.
🔹 RSI sits at 42, hovering just above the oversold zone - not strongly bullish, but also not deeply bearish.
🔹 Price is trading below the average price line and the midline of the Bollinger Bands - a bearish short-term signal.
📊 What to Expect?
If XRP breaks below the lower Bollinger Band ($2.13), we could see a drop toward the $2.00–$1.90 support zone. However, a rebound above the average ($2.20) could push it back toward $2.40–$2.60.
💡 Neutral to slightly bearish in the short term. Watch closely for a breakout from the current squeeze - it could define the next major move. DYOR!
