XRP Downtrend Dey Intensify as Volume Fall Reach Key Support
XRP don dey waka down small small since e reach $3.70 but e no get any clear pattern, e just dey trade around $3.12 now. The price no get any sharp waka down candles or liquidation spike. The trading volume don dey go down steady steady, e mean say both bulls and bears no get enough confidence. The 21-day EMA for around $3.00 and the $2.99–$2.75 area na the main support; if e break down, e fit carry XRP go $2.50. Even though momentum dey weak, the RSI still dey above 57, mean say the token no reach oversold level. Traders make dem no use high leverage for this low volume environment, wait make volume support rebound or clear breakdown happen before dem touch their positions.
Bearish
Di volumen dey fall continue and di way wey e dey fall no structured show say risk of di price fall more dey rise for XRP. Di main support dem for di 21-day EMA and di $2.99–$2.75 zone dey under pressure, e mean say e fit break down go as low as $2.50. As di RSI still dey above 57, di momentum wey dey no dey support better reverse. For short time, small volume and traders wey no sure na im dey make di price dey shake and e fit drop sharply. For long term, if di support level fail, di bearish feeling fit continue until people with money wan buy again. Dis kain view dey justify say price for XRP fit fall.