#BTCHovers100k The MA(7) crossing below MA(25) is a potential sell signal, confirming short-term bearish momentum. Furthermore, the price is trading below the MA(99), indicating that the overall trend remains weak.

2️⃣ Volume Trends:

The volume surge suggests high selling pressure, as reflected by the steep decline. This could indicate that whales or larger players are offloading XRP.

3️⃣ Key Levels to Watch:

Immediate support: $2.42 (24H low).

Resistance: $2.60 (MA25).

💡 Actionable Insights for Traders:

Short-term traders: Consider waiting for confirmation before taking positions. Watch for signs of reversal above $2.60 or a bounce from $2.42.

Long-term investors: Use this dip to analyze fundamentals and dollar-cost-average only if confident in XRP's future outlook.

⚠️ Disclaimer: This is for informational purposes only. Always do your research and trade responsibly