🚨 XRP Chart Patterns | Technical Update $XRP showing bearish-to-neutral structure with key reversal signals on chart. 📉 Descending Channel → price trending lower with lower highs & lower lows 📊 Bearish Pin Bar Rejections near $1.55–$1.60 → strong selling pressure 📉 Range Consolidation between ~$1.25–$1.50 → no breakout yet
🔍 Key Technical Signals: • Trading below major moving averages → bearish bias • Weak momentum with repeated rejection at resistance • Possible continuation toward lower range if support breaks
🔑 Chart Levels: Support: $1.25 / $1.13 Resistance: $1.50 / $1.60 ⚡ Breakdown of range → further downside ⚡ Breakout above $1.60 → bullish reversal confirmation Stay sharp. Chart still favors caution #MarketRebound #PolymarketMajorUpgrade #TrumpDeadlineOnIran