$XRP #XRP ANALYSIS: KEY HIGHLIGHTS
💥 Price action:
XRP is grinding lower across all timeframes, with a clear downtrend and no real bullish momentum. Price just bounced off the $2.09 support, but the bounce is weak. No bullish divergence, and MACD/RSI are both bearish on all timeframes.
📊 Support / Resistance:
Support: $2.09 (key, just tested), $2.05
Resistance: $2.15, $2.18, $2.22
⚠️ Outlook:
Bears are in control. If $2.09 breaks, expect a quick flush to $2.05. Scalpers can try shorting any weak bounces to $2.15–$2.18. No reversal signs—don’t get cute with longs yet. I’d short, targeting $2.05, stop above $2.15.