โ ๏ธ$XRP
๐จ Short-Term Breakdown โ Bulls Losing Grip!
The one-day XRP chart is flashing red danger signals, with the short-term trend pointing down. After failing to hold strong above $3.00, XRP has slipped into a bearish channel, and buyers are struggling to regain momentum. Every attempt to bounce has been quickly sold off, leaving bulls gasping for air. ๐ฌ
๐ MACD Flashes Sell After Sell
The MACD indicator has been merciless, throwing out multiple sell signals in the past few weeks. ๐ Each crossover has pushed XRP lower, confirming that bearish momentum is in control. Even the histogram bars are shrinking, reflecting weakness in buying power. Without a reversal in MACD, XRP could face a sharp fall toward its next support.
๐ฆ Volume Collapse โ Where Are the Buyers?
Another alarming sign is the drop in trading volume. ๐ Without strong buying activity, XRP looks vulnerable to whale-driven sell-offs. Bears are waiting for the perfect moment to push the price below $2.70, which could trigger panic selling. If that happens, XRP might freefall to $2.50, and possibly even $2.25. ๐ฑ
๐ Medium-Term Neutral, Long-Term Still Hopeful
Interestingly, the medium-term trend remains neutral, and the long-term trend is still strongly bullish. ๐ This means XRPโs long-term fundamentals remain intact, but short-term traders could face pain before relief comes. If XRP manages to bounce back above $3.10, the bearish scenario could flip quickly. But right now, the charts suggest caution. โ ๏ธ
๐ฎ Whatโs Next for XRP?
Bearish Case: Break below $2.70 = freefall to $2.50โ$2.25 zone ๐จ
Bullish Case: Strong bounce above $3.10 = recovery toward $3.50 resistance ๐
โก Final Take: A Storm Before the Calm?
XRP holders need to stay alert โ ๏ธ. The one-day chart shows short-term weakness, with bearish signals piling up. But at the same time, the long-term trend remains intact. Could this just be a shakeout before a mega rally? Or are we about to see XRPโs price sink deeper? ๐ค
One thing is certain โ the next move will be explosive. ๐ฅ
๐๐Trade here $XRP
