🔥🔥XRP Extends Multi-Year Breakdown on 3-Month Chart at $2.18
$XRP continues its decline on the three-month timeframe, with long-term resistance keeping strong downward pressure on the macro trend.
👉 XRP has pushed lower again on the 3M chart, with the current candle displaying persistent weakness beneath a multi-year descending resistance line. This timeframe continues to deliver a clear bearish structure, as the asset trades around $2.18 following repeated failures to reclaim higher technical levels.
👉 The chart highlights a multi-year descending trendline that has produced lower highs across multiple market cycles. XRP has consistently been rejected from this trendline, leading to extended consolidation phases and sharp pullbacks. A similar setup occurred earlier in the decade, where compression beneath the same resistance resulted in a major breakdown — a pattern now repeating as XRP turns lower again after touching the trendline.
👉 The current three-month candle also remains below a key horizontal support zone that acted as a macro floor in previous cycles. After losing this level, the zone flipped into resistance, further strengthening bearish momentum. While lower timeframes may show temporary volatility or short-lived rebounds, the 3M structure highlights a broader, well-defined downtrend with weakened support and persistent lower highs.
👉 Higher-timeframe charts shape long-term sentiment, and a rejection on the 3M chart signals deeper caution for long-range expectations. Until XRP reclaims major resistance levels — both horizontal and diagonal — the macro outlook stays decisively bearish.
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