📉 $XRP is in a bearish trend, with the price falling from a high near $3.66 to around $1.0760.
🔻 The recent red candles show strong selling pressure, although the latest candle is trying to stabilize.
📊 The price is trading below the 7-month and 25-month moving averages, indicating short-term weakness.
🟢 XRP is still above the 99-month moving average, suggesting the long-term trend has not completely broken down.
⚠️ A move above key resistance could start a recovery, while losing current support may lead to further downside.
🔻 The recent red candles show strong selling pressure, although the latest candle is trying to stabilize.
📊 The price is trading below the 7-month and 25-month moving averages, indicating short-term weakness.
🟢 XRP is still above the 99-month moving average, suggesting the long-term trend has not completely broken down.
⚠️ A move above key resistance could start a recovery, while losing current support may lead to further downside.