XRP (XRP/USDT) Technical Outlook – Bears Still in Control ⚠️

XRP is trading near $2.43, facing renewed selling pressure after failing to sustain above the 0.382 Fib retracement ($2.577). Price remains within a descending channel, indicating continued bearish sentiment unless bulls reclaim higher levels.

🔹 Key Levels to Watch:

Immediate Support: $2.32 (Fib 0.236)

Next Major Support: $2.10 – $1.90 zone (channel bottom)

Resistance: $2.58 → $2.78 → $2.99 (Fib 0.5 / 0.618)

🔹 EMA Alignment:
All key EMAs (20/50/100/200) are tightly aligned between $2.54–$2.72, acting as a strong dynamic resistance cluster. XRP needs a clear breakout above $2.78 to flip short-term momentum bullish.

🔹 RSI (14):
Currently around 42, showing bearish momentum with room for a potential oversold rebound if price holds the $2.32 area.

💡 Outlook:
If XRP holds above $2.32, a relief bounce toward $2.78 remains possible. However, a breakdown below $2.30 could expose $2.10–$1.90 in the coming sessions.

📈 Bias: Bearish-to-Neutral while below $2.78
🏁 Target Zone: $2.10 – $2.78 range

$XRP
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