$XRP /USDT BEARISH BIAS PERSISTS – RECOVERY STRUGGLES AT MOVING AVERAGES
XRP attempted a rebound from the $2.9292 low but is facing resistance near the 25MA around $3.01. The price action remains capped below the 99MA, signaling bears are still in control. Unless XRP breaks above $3.09, the downtrend is likely to continue.
🔹Trade Setup (Short Entry)
Entry Zone: 3.01 – 3.03
Take Profit 1: 2.97
Take Profit 2: 2.94
Stop Loss: 3.09
📊 Market Outlook:
XRP remains under pressure as moving averages slope downward. A break below $2.93 could trigger further decline, while bulls need a decisive breakout above $3.09 to shift momentum.
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