$XRP has been under bearish pressure recently, influenced by broader crypto sell-offs and risk-off sentiment in markets. Many reports note renewed selling pressure and breakdowns below key levels.

Despite this, on-chain activity is rising, showing increased usage of the XRP Ledger even as price struggles.

📊 Technical Signals

Bearish signs

Short-term trend has been weak with key support tested and selling pressure evident.

Mixed sentiment leaves price stuck in consolidation, with resistance overhead.

Potential bullish setups

Some analysts point to trendline support, oversold indicators (MACD/RSI), and potential trend reversal setups, suggesting a bounce could be forming if support holds.

Chart patterns like triple bottoms or inverse head-and-shoulders have been referenced as early bullish signs in recent weeks.

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XRP

1.3548

-1.71%