📉$XRP (1D)
Analysis:
XRP is stuck in a descending channel, experiencing lower highs and lower lows, highlighting bearish sentiment. The last three days closed in red, with a failed green attempt yesterday, indicating strong bearish pressure. An inverted hammer also suggests potential further declines.
Price Targets:
Given the bearish signals, potential price targets to watch are the $0.5528 support level. If it breaks down, next targets are $0.4871 and $0.4403. For a significant drop, watch the $0.3149 level. If sentiment turns bullish, breaking $0.5935 is crucial.
