๐ Market Structure
$XRP is currently trading in a sideways-to-bearish range after failing to hold previous highs. Price action shows lower highs on the daily timeframe, which means sellers still have short-term control.
๐ Key Levels
Major Support: Around the recent swing low zone (buyers previously stepped in here).
Resistance: Near the last breakdown level where price got rejected multiple times.
A strong breakout above resistance would shift momentum bullish. A breakdown below support could trigger further downside.
๐ Indicators Snapshot
RSI: Hovering near neutral/weak zone โ not strongly overbought or oversold.
Volume: Declining compared to prior rallies, suggesting weak momentum.
Trend: Still below major moving averages โ overall bias slightly bearish.
๐ฎ Short-Term Outlook
If Bitcoin remains stable, XRP could attempt a relief bounce. However, without strong volume, upside may stay limited. Traders should watch for a clear breakout or breakdown before expecting a strong move #USRetailSalesMissForecast #USTechFundFlows #GoldSilverRally #BinanceBitcoinSAFUFund

