🚨 Bearish Sentiment Intensifies
XRP has lost 10% in a week, now trading at $2.30 as market-wide downturns continue. Futures traders are stacking short positions, betting against a recovery.

📊 Long/Short Ratio Signals More Downside
XRP’s long/short ratio is at 0.99, meaning more traders expect further losses. Additionally, its weighted sentiment is negative (-0.66), reflecting pessimism among investors.

⚠️ Key Support Levels to Watch
XRP is hovering just above $2.27 support. A breakdown could send it to $2.13, with further downside to $1.47 if selling pressure continues.

📈 What Could Trigger a Rebound?
A shift in market sentiment could drive demand, pushing XRP above the descending triangle pattern toward $2.81. However, bears currently remain in control.

⚠️ Disclaimer:
This post is for informational purposes only and does not constitute financial advice or endorsement.