🚨 XRP at a Crossroads 🚨
$XRP is flashing bearish warning signs on both weekly & daily charts. 📉 One analyst says we’re just hours away from confirming a major bearish divergence on the weekly timeframe — a setup that, back in 2020–2021, led to a 60–70% drop in 3 months.
Right now, XRP is up 7%, trading at $2.99, but here’s the catch:
- Weekly: Price making higher highs 🔼, RSI making lower highs 🔽 → classic bearish divergence.
- Daily: Testing the key $2.90–$3.00 zone. If rejected, sellers could take control fast.
- Upside scenario: Break & hold above $3 → possible bounce to $3.15–$3.20 or even $3.40.
- Downside scenario: Fail to reclaim $3 → potential wave of selling ahead.
History tells us even with bounces, the bigger trend can still be bearish. Keep your eyes on that $3 level — it might decide the next big move.
📊 DYOR & stay nimble, fam.