$XRP is sliding deeper into bearish territory, and the chart says it all — lower highs, lower lows, and those heavy red candles pressing toward a fresh intraday low at 3.0356. Sellers have the momentum, and right now there’s nothing in sight to stop them.
The plan is straightforward: wait for a small pullback into 3.040–3.045 and then lean short. Stop sits at 3.062, just above the last minor resistance. First target is 3.025, where near-term buyers might try to step in. Second target is 3.000, a big psychological level that could crack if the selling pressure keeps building. That’s a clean 1:2.5 risk-reward if the move runs all the way.
Why it works? $XRP just lost the 3.0766 support and hasn’t looked back. The candles are stacked red, with only tiny bullish pauses — classic downtrend continuation behavior. Volume and momentum both confirm what the chart is already shouting: the bears are in full control.
I’d rate the setup at about 70% probability, assuming Bitcoin doesn’t stage a surprise rally. If BTC stays soft and sentiment stays sour, XRP’s path lower looks wide open.
For now, XRP isn’t just drifting down — it’s being pushed, and until the market fights back, the sellers own the game.