$XRP is in a clear downtrend, trading below both moving averages with descending resistance overhead. Price action shows lower highs, and momentum remains weak. Current consolidation near $1.86 suggests potential further downside if support breaks. Volume declining indicates waning buying interest.
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.
$XRP is in a clear downtrend, trading below both moving averages with descending resistance overhead. Price action shows lower highs, and momentum remains weak. Current consolidation near $1.86 suggests potential further downside if support breaks. Volume declining indicates waning buying interest.
Trading Levels:
TP1: $1.80
TP2: $1.74
TP3: $1.68
Stop Loss: $1.93
#ShareMyTrade