Is XRP estimated to fail?

Candlestick pattern:

A candlestick with long upper and lower shadows appears on the 1-hour level (e.g., 2.0799-2.0524 at 03:00), showing fierce competition between bulls and bears.

The daily line has closed in the red for three consecutive days, forming the embryonic shape of 'Three Black Crows', suggesting short-term selling pressure.

Technical indicators:

MACD: The 1-hour level DIF and DEA are sticking below zero, and the daily MACD red bars are decreasing, overall leaning weak.

RSI: The 1-hour RSI (14) is hovering around 45, not reaching the oversold zone; the daily RSI has dropped below the 50 midpoint, with weakening momentum.

EMA: Price is under pressure from the 1-hour EMA30 (2.0742) and EMA120 (2.0879), and the daily EMA7 has already crossed below EMA30 (2.0731<2.1390).

Trading volume:

There was a significant increase in volume during the crash period (e.g., 9.62 million trades at 23:00 on April 17), but the volume decreased during the rebound (only 57,000 at 15:00), confirming bearish dominance.

The daily level shows increased volume accompanying the decline (18.48 million on April 18 vs. 10.328 million the previous day), with capital divergence intensifying.