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A quick analysis of XRP
📉 Overall trend
XRP is still moving within a clear downtrend channel. The current price is testing a strong demand zone between $1.80 and $1.84.
⚡ Expected scenarios:
• Temporary rebound: Holding above $1.80 may push the price to test the downtrend (Trendline)
• Confirming positivity: We won't consider a true reversal unless it breaks the downtrend and closes above the levels of $1.95 - $2.00
• Negative side: Breaking below $1.80 could open the door for further decline toward $1.62 levels
In short: The structure remains bearish, and current rebounds are only for speculation unless the trend is broken
Personally, I am waiting for a daily close above $2 to feel confident; for now, I am just watching. What are your expectations?
()
$XRP #crypto #xrp