$XRP Under Pressure as Bearish Signals Emerge 💥
$XRP is slipping, now at $2.94 (-3.7% in 24h), nearly 19% off its July 18 ATH of $3.65. Despite being up 29% this month, signs of a deeper correction are growing.
🔻 Key Bearish Signals: • Analyst Ali Martinez flagged a sell signal via the Tom DeMark Sequential on the 3D chart.
• Whales dumped over 720M XRP in recent days — a strong bearish move.
• The MVRV "death cross" hints at declining trader profits, often a precursor to more selling.
🧨 If $2.80 breaks, eyes are on $2.48 as the next support.
📈 However, reclaiming $3 could revive momentum toward $3.20–$3.30.
📉 RSI and MACD are turning bearish, while short-term moving averages flip to resistance. Longer-term trend still intact — but the next few days are crucial.#Write2Earn #Xrp🔥🔥 #BinanceSquareFamily