Sellers continue to exert downward pressure across lower timeframes.
$XRP dropped from a high of 1.0068 down to test support near 0.9995 before settling around 1.0002. The Supertrend line at 1.0030 remains firmly above current price action, acting as resistance while overall volume remains modest on this small attempt to bounce.
The market structure continues to favor sellers on the short-term chart. Stay patient, wait for clear confirmation, and watch how price reacts around key levels before looking for the next move.
Will $XRP manage to hold above 0.9995 or are we heading lower?
#xrp
$XRP dropped from a high of 1.0068 down to test support near 0.9995 before settling around 1.0002. The Supertrend line at 1.0030 remains firmly above current price action, acting as resistance while overall volume remains modest on this small attempt to bounce.
The market structure continues to favor sellers on the short-term chart. Stay patient, wait for clear confirmation, and watch how price reacts around key levels before looking for the next move.
Will $XRP manage to hold above 0.9995 or are we heading lower?
#xrp