$XRP – Is More Downside Coming?
XRP is showing a clear downtrend on higher timeframe.
After rejection from highs near 3.66, price has been printing lower highs & lower lows — a classic bearish structure.
Currently trading around 1.32, and momentum is still weak.
👉 If this continues, XRP could move towards the MA50 zone near 1.05 – 1.10.
📉 What to Watch:
Breakdown below 1.20 → acceleration to downside
No strong bounce yet = sellers still in control
MA50 acting as a mean reversion target
🔑 Key Levels:
Resistance: 1.45 – 1.50
Support: 1.20
Target zone: 1.05 – 1.10
👉 Don’t rush to catch the bottom.
Wait for confirmation — trend is still bearish.
Follow for more setups 📊