Ripple (XRP) faced strong selling pressure near the $0.65 resistance zone, which caused the price to fall sharply. 📉 A break of the lower boundary of the rising wedge indicates possible bearish dominance, and the price may continue to decline towards the $0.5 level in the coming sessions.

On the daily chart, XRP reached the upper boundary of the wedge and the $0.65 resistance zone, but was rejected. The price is now in the $0.5-$0.55 range, where short-term consolidation is likely.

On the 4-hour chart, there was a false break above $0.65, followed by a sharp drop. XRP is now testing important support in the $0.52-$0.48 area, where a short-term bullish pullback and consolidation is possible before the next significant move. 📊