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🚨 $XRP / USDT – Market Update Alert 🚨
$XRP is showing a short-term bounce within a broader downtrend. The move toward 1.95–2.05 currently looks like a corrective rally rather than a full trend reversal — unless price decisively breaks above the falling red trendline.
📉 Market Structure
The descending red trendline highlights sellers entering at lower highs, keeping overall control bearish.
The recent bottom near 1.77 (blue zone) held as strong support, triggering a rebound toward the 1.90–2.00 area.
🔑 Key Levels to Watch
Support
1.77–1.80 → Critical base. A confirmed close below this zone may open the door for further downside.
Resistance
2.00–2.10 → First major resistance (trendline + yellow zone).
2.25–2.30 → Next strong resistance if price breaks higher.
🎯 Direction Bias (High Probability)
As long as $XRP trades below the red trendline and under 2.10, the dominant bias remains bearish, and this bounce may fade near resistance.
A strong 4H close above the trendline and 2.10–2.30 would increase the odds of a bullish trend shift, with potential upside toward 2.50+.
🧠 Conclusion
XRP is currently in a relief rally inside a larger downtrend.
Momentum only turns bullish after a confirmed breakout; otherwise, risk of continuation lower remains.
📝 Posting Line:
“Trend remains bearish. Current move looks like a relief bounce toward 2.0–2.1. Only a clean breakout above the red trendline and 2.1–2.3 confirms bullish reversal; a drop below 1.77 signals further sell-off.”
#XRP #BinanceBlockchainWeek #CPIWatch #CryptoUpdate #ForYou
💰 Price: 1.9335
📈 Change: +3.56%