📉 Technical Analysis:
XRP strongly breaks its psychological support of $3.00, with a drop of -4.62% in a session that shook its holders. This loss triggers an important bearish signal in its 4-hour and daily structure, generating a descending channel formation.
The volume rises to $8.39B, showing that selling pressure has not ceased. The RSI falls below 45, which does not yet confirm oversold conditions, but indicates a weak trend. Technically, Santiment analysts warn that the token could seek support at $2.85 if it does not strongly recover the $3.00 level.
Ripple continues to work on global expansion, but the current price may be discounting the lack of immediate catalysts post-litigation with the SEC.
🧭 Strategic Reflection:
XRP urgently needs buying volume or it could break even lower.