Lingrid | XRPUSDT Downside Pressure Accelerating

Nov 4

XRPUSDT trades below the descending trendline inside a clearly defined downward channel, keeping the broader structure bearish. Price action has recently tested the $2.44 zone but failed to sustain a breakout, signaling continued weakness. As long as the pair stays under $2.50 resistance, a retest toward $2.00 support remains the likely path. Momentum indicators align with a slow drift lower, reinforcing short-term bearish control.

⚠️ Risks:

• A sudden Bitcoin rally could lift altcoins and negate the bearish setup.
  
• Positive regulatory news around XRP may trigger unexpected volatility.
  
• U.S. macro data or risk sentiment shifts could strengthen USD demand dynamics.

If this idea resonates with you or you have your own opinion, traders, hit the comments. I’m excited to read your thoughts!

Nov 7

Trade active

As I expected, the price failed to break through the resistance level and bounced back—now we're seeing downward movement. So, what about $2?