$XRP is still stuck in a clear downtrend and the pressure is obvious.



Price is holding just above a strong demand zone where a short term bounce can happen. Buyers are trying to defend this area, and a relief move would not be a surprise from here.

But the bigger picture stays bearish. Lower highs are intact and the descending trendline is still in control. Any bounce without a clean break and hold above that trendline is just a pullback.

If sellers step back even briefly, we can see a sharp reaction. If this demand fails, downside continuation comes fast.

Volatility is loading. This is a decision zone.

Eyes on structure. 🔥
XRP1,08%
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)