📊 Key Insights:
1️⃣ Price Action: Big bearish candle broke MA50 (3.0154), MA100 (2.9926), and MA150 (2.9380). Price bounced from 2.6813 → now 2.8124.
2️⃣ Trend: All MAs stacked bearishly (MA50 < MA100 < MA150 < MA200). XRP trades under all = bearish trend.
3️⃣ Volume: Heavy sell spike; bounce volume weak → buyers lack strength.
4️⃣ RSI (14): 21.55 = oversold. Possible short-term bounce.
5️⃣ Stoch RSI: 1.94 → extremely oversold. Bounce signal but weak.
6️⃣ MACD: Negative, widening histogram → sellers still in control.
🔮 Next 4H–24H Outlook:
Relief rally possible towards 2.86 – 2.90.
If rejected → retest 2.68.
Break below 2.68 = drop to 2.55 – 2.58#MarketPullback
Upside breakout only if close above 2.95–3.00 with strong volume.
✅ Bias: Bearish trend. Oversold → small relief rally likely, but downtrend continues unless
#BNBBreaksATH #FedRateCut25bps #BinanceHODLer0G $XRP