XRP/USD – Bearish Bias, Watching 2.80 Support
XRP continues to trade in a downtrend across multiple timeframes.
🔹 Daily / 4H:
• Price below mid-Bollinger → bears in control.
• RSI < 40, weak momentum.
• Key support: 2.80 → break = 2.75–2.70.
🔹 1H / Lower TFs:
• Rejections at 2.83–2.85.
• Weak bounces near 2.81 but sellers dominant.
• Volume favors downside moves.
📉 Bias: Bearish unless 2.85–2.90 is reclaimed with strong volume.
⚠️ Break below 2.80 opens 2.75–2.70.
✅ Relief bounce possible only above 2.85 → targets 2.93–3.00.
XRP continues to trade in a downtrend across multiple timeframes.
🔹 Daily / 4H:
• Price below mid-Bollinger → bears in control.
• RSI < 40, weak momentum.
• Key support: 2.80 → break = 2.75–2.70.
🔹 1H / Lower TFs:
• Rejections at 2.83–2.85.
• Weak bounces near 2.81 but sellers dominant.
• Volume favors downside moves.
📉 Bias: Bearish unless 2.85–2.90 is reclaimed with strong volume.
⚠️ Break below 2.80 opens 2.75–2.70.
✅ Relief bounce possible only above 2.85 → targets 2.93–3.00.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.