XRP FACES BEARISH PRESSURE, WILL IT BREAK $2.30? 🚨📉
$XRP has been stuck in a narrow range between $2.76 and $2.30 since February, but growing sell pressure suggests a potential breakdown. Technical indicators show weakening buying interest, with the Chaikin Money Flow (CMF) in negative territory and the price below its 20-day EMA, signaling a bearish trend.
If the $2.30 support fails, XRP could drop to $2.13 and potentially $1.48. However, a strong surge in demand could turn things around and push XRP back towards $2.76 or even its all-time high.
