XRP is down 4.04% in the last 24 hours, trading at $3.1927. Despite attempts to stabilize, bearish momentum continues to dominate. Will bulls reclaim controlโor is $2.65 the next stop?
๐ 4H Chart Insights:
- Trend: Bearish
- Support: $3.15
- Resistance: $3.33 / $3.66
- Pattern: Lower highs, fading recovery attempts
- Volume: Moderate at 22.08M
- RSI: 37.87 โ still weak, no reversal signal
- Outlook: Bearish unless price breaks above $3.33 with volume
๐ฐ Market Data & News:
- Price: $3.1927
- 24h Change: -4.04%
- News: No major headlines; sentiment remains cautious
๐ Scenario Breakdown
๐ Bullish Case:
A breakout above $3.33 with rising volume could push XRP toward $3.66. RSI above 45 would support bullish momentum.
๐ Bearish Case:
Failure to hold $3.15 may lead to a drop toward $2.65. RSI below 35 and declining volume would confirm weakness.
๐ Sentiment Meter:
๐ Bearish Bias โ Sellers remain dominant, RSI still weak
โ ๏ธ Risk Level:
๐ด High โ Volatile setup, no clear bullish confirmation
๐ฌ Will XRP reclaim $3.33 or revisit $2.65?
Drop your take below ๐
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โ ๏ธ Disclaimer: This is for educational purposes only and is not financial advice.