📊 $XRP – Latest Market Analysis
💰 Current Price: $1.15
$XRP is facing strong bearish pressure, with daily RSI around 31, indicating weak momentum and near-oversold conditions. A short-term relief bounce is possible, but buyers need confirmation.
🔹 Immediate Support: $1.144
🔹 Major Support: $1.111
🔹 Immediate Resistance: $1.175
🔹 Next Resistance: $1.203
📈 Bullish Scenario: A confirmed breakout above $1.175 could push XRP toward $1.203.
📉 Bearish Scenario: A daily close below $1.144 may expose XRP to further downside toward $1.111.
My View: $XRP remains bearish in the short term. Watch the $1.144 support closely. A confirmed recovery above resistance is needed before expecting a trend reversal.
⚠️ Trade with proper risk management. Not financial advice.
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