📉 Selling Pressure Builds on XRP - What’s Next?
XRP continues to show weakness after rejecting from the ~$1.90 area - which acts as significant volume resistance. Price is now consolidating near the lower boundary of its range, but bullish volume remains weak and upside attempts are being sold into.
👉Technically, the structure still leans bearish:
• lower highs
• weak recovery candles
• repeated rejection from key resistance levels.
💁If XRP breaks down through its current range decisively, the next logical support zone would be around ~$1.58, based on previous range lows.
☝️Remember: weak demand now doesn’t guarantee a crash - markets can remain rangebound before volume returns and buyers step in.
XRP
1.4821
+4.27%
XRPUSDT
Διην.
1.4807
+4.23%