XRP Bleeds Out – Breaks New Lows Again

[kevin1]

Trend Check:
XRP has officially lost all local support levels. Price continues pushing new lows with zero recovery structure. Clean bearish control.

Indicators:
RSI: 33 (oversold, but trending lower)
MACD: Deep bearish cross, full momentum with sellers

Structure:
No bullish MSB, no demand respected, and clean continuation downtrend. This is one of the weakest majors currently.

Position: Short bias
Entry Idea: Short below $1.91
Stop: Above $2.02
Targets: $1.72 → $1.55

Reasoning:
Clear breakdown, RSI and MACD agree. No signs of slowing down unless bulls react quickly at new demand levels.

[Nahid Hossen]

Repeated new lows show continued weakness in XRP.