$XRP
🚨XRP Price Prediction: No Way Out Yet🚨
From a technical standpoint, XRP’s daily chart reveals a symmetrical triangle formation. The structure is defined by converging trendlines, with resistance forming the upper boundary and support creating the lower one.
The Bull Bear Power (BBP) indicator is flashing negative, suggesting bearish momentum is gaining ground. This reading supports the broader narrative of sustained XRP whale distribution.
If this pressure persists, XRP’s price may continue to consolidate, or worse, slip toward the $1.55 level, which aligns with the 0.382 Fibonacci retracement.
However, a shift in whale behavior, particularly renewed accumulation, could flip the script.
In such a scenario, XRP may rebound strongly, with a possible rally toward $2.76 near the 0.786 Fibonacci level, or even revisit $3.