On the clock frame $XRP :

General trend:

The trend is down as shown in the chart and the price has broken major support levels.

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Support ♥♥♥:

1. 2.1149: Very close support, the lowest low ever recorded.

2.2.10: Important psychological level close to the current bottom.

3. 2.08: If the previous support is broken, the price may head towards this level.

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Resistors ♥♥♥:

1. 2.18: Nearby resistance level, coinciding with short-term moving average (MA7).

2. 2.2376: Higher resistance coincides with a long-term moving average (MA99).

3. 2.35: The largest resistance level that the price has recently failed to break through.

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Technical indicators♥♥♥:

RSI (Relative Strength Index):

At 30.467, it is showing oversold conditions and may indicate a possible bounce in the near future.

MACD:

The indicator is still negative, which means the downtrend continues, but the selling momentum may weaken.

Parabolic SAR (yellow dots):

Continued presence of dots above the price means that selling pressure remains.

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Conclusion♥♥♥:

If you want to buy♥:

Wait for confirmation of a bounce from support at 2.1149 or clear bullish signals such as a break of resistance at 2.18 with high volumes.

If you want to sell♥:

The best selling points could be at the resistance of 2.18 or 2.2376 if the price rebounds towards it.

#Xrp🔥🔥

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