$XRP Forms Lower Highs as Volume Surges — Is a Bigger Drop Coming?
$XRP is showing signs of weakness after failing to break above key resistance levels. The price is now forming lower highs, a common signal of downward pressure in crypto markets.
📉 What’s Happening?
$XRP attempted to climb above $3.10 but failed to hold gains. Since then, it has been moving down slowly, printing lower highs on the chart.
🔄 Volume Spike: 169 Million
In the last 24 hours, XRP’s trading volume jumped to 169 million, signaling a sharp reversal as selling pressure increases.
⚠️ Key Observations:
Lower highs = Weak bullish momentum
High volume = Possible big move ahead
XRP is trading near support; if it breaks, expect more downside
💡 What to Watch Next:
If XRP can’t stay above the $2.90 support, the next stop might be lower. But if bulls defend the zone and reverse the trend, we could see a recovery bounce.
Right now, caution is key — XRP is at a critical point.