🚩 $XRP /USDT – Bearish Flag Breakdown Risk 📉🐻

$XRP is trading at $2.983 (-0.59%), flashing a bearish flag pattern after a sharp decline. Consolidation is shaping up as a classic continuation structure, with weakening rallies and fading buy volume.

🔑 Key Bearish Signals:

📊 Chart Pattern: Bearish flag forming after recent drop.

📉 Momentum: RSI flattening, showing no strong bounce.

🔄 MACD: Bearish crossover confirms downside pressure.

🏦 On-Chain: Exchange balances rising → tokens moving back to CEX (distribution risk).

👛 Network Growth: Wallet creation slowing, showing weaker adoption momentum.

📢 Sentiment: Social buzz cooling down, traders shifting attention elsewhere.

⚠️ Risk Outlook:

If price breaks below the flag support, momentum sellers could accelerate downside moves quickly. Bounces may be short-lived and risky to chase.

⏳ Trading Note:

Patience pays here — bears hold the edge unless conditions flip fast.

📌 Not financial advice. Always DYOR. 🧠📚

$XRP