$XRP Chart Analysis:

Current Price: 2.8261 USDT

24h Change: -5.41% (bearish pressure)

24h High/Low: 2.9983 – 2.8165

Moving Averages (MAs):

MA(7) = 2.9584 (above price → short-term bearish)

MA(25) = 3.0601 (well above price → mid-term bearish)

MA(99) = 2.6599 (still below price → long-term support)

RSI(6): 34.7 (close to the oversold zone → selling pressure, but a bounce is possible)

Support & Resistance:

Support: Around 2.72 (recent low) and then 2.65 (MA99).

Resistance: 2.95 (MA7) and 3.06 (MA25).

Trend Outlook:

Price is trading below short & mid MAs → short-term bearish trend.

RSI near oversold → chance of short-term bounce from 2.70–2.75 zone.

If price breaks below 2.72, it may test 2.65.

If price reclaims 2.95–3.00, bullish reversal signals appear.

✅ For traders:

Short-term: Watch 2.72–2.65 zone for bounce.

Medium-term: Needs to close above 3.00 for strength.

Long-term: Still positive (391% up in 1 year).