$XRP The chart shows that the token is still stuck in a slow downtrend, but the price is trying to hold above the recent low around the 1.97–1.99 zone. Momentum indicators like RSI are sitting near the lower range, which usually hints at possible cooling of sell pressure.
For short-term analysis, I checked a smaller timeframe and found that sellers are losing strength compared to the previous drop. On the higher timeframe, the candle structure still needs a breakout above the recent moving averages to confirm a shift.
My personal view: If the price manages to stay above the current support zone and RSI continues to curl upward, we may see a short recovery attempt. If support breaks, the next move will simply follow the trend continuation. This is just my opinion, not financial advice.
For refinement, I compared both short-time and longer-time views—short timeframe shows early signs of stabilization, while the longer timeframe still shows caution.
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$XRP The chart shows that the token is still stuck in a slow downtrend, but the price is trying to hold above the recent low around the 1.97–1.99 zone. Momentum indicators like RSI are sitting near the lower range, which usually hints at possible cooling of sell pressure.
For short-term analysis, I checked a smaller timeframe and found that sellers are losing strength compared to the previous drop. On the higher timeframe, the candle structure still needs a breakout above the recent moving averages to confirm a shift.
My personal view:
If the price manages to stay above the current support zone and RSI continues to curl upward, we may see a short recovery attempt. If support breaks, the next move will simply follow the trend continuation. This is just my opinion, not financial advice.
For refinement, I compared both short-time and longer-time views—short timeframe shows early signs of stabilization, while the longer timeframe still shows caution.