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XRP has been under pressure for consecutive days, with the downward trend showing no signs of easing. Technically, the RSI indicator is already in trouble, and the bearish momentum continues to be released. In the candlestick chart, green bars appear one after another, and each rebound is ruthlessly suppressed. The moving average system is moving downward across the board, support levels are constantly being broken, and buying enthusiasm is clearly lacking.
From the current trend, the trend judgment is quite clear— the downward channel remains valid. The current price hovers around 2.2585, and a break below support is almost inevitable. Instead of passively waiting, it’s better to take proactive action. In the short term, continuing to short may better align with the market rhythm. After all, a clear sign of a trend reversal has not yet appeared, and rebound resistance is layered.