🔍 Technical Analysis $XRP

1. Current trend:

• Strongly bearish trend with vertical drop.

2. Support and resistance:

• Recent support: 3.1600

• Key resistance: 3.2750 – 3.3200

3. Volume:

• Large recent bearish volume, possible exhaustion.

4. MACD:

• Very negative, but shows slight signs of deceleration in histogram.

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✅ Conclusion:

• Ideal for a “scalp” reversal strategy if a double bottom pattern or strong rejection candle appears.

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