Usman Salis
XRP (Ripple) bulls are facing a harsh reality check as their dreams of hitting $3 crumble before their eyes. Trading at $2.184, the token has lost serious ground and looks like it's running out of steam fast.
XRP's Technical Breakdown Spells Trouble
Here's the ugly truth: XRP just broke out of a symmetrical triangle pattern, but not in the way anyone wanted. Instead of shooting higher, it crashed through the lower support line with sellers taking full control.
The token is now stuck below the $2.85-$3.00 resistance zone – and that's becoming one hell of a ceiling to break through. Unless XRP pulls off some miracle recovery, those resistance levels aren't getting touched anytime soon. The bulls simply don't have the firepower to push this thing higher right now.
XRP Volume Tells a Depressing Story
But here's what's really scary – nobody seems to care anymore. Trading volume has been dropping like a rock since mid-August, which means both buyers and sellers are basically sitting this one out.
When you want to hit $3, you need serious money flowing in. Right now? That's not happening. The lack of interest is leaving XRP vulnerable to even bigger drops, and without some major catalyst, this thing could keep sliding.
XRP Price Prediction: Support Levels Cracking
The technical picture keeps getting worse. The 50-day moving average is starting to roll over – never a good sign when you're trying to rally. XRP is barely hanging onto support around $2.77.
If that breaks? Next stop is likely $2.51, which would basically kill any hope of a quick bounce back to $3.
XRP's $3 dream looks crushed right now. Between the weak technicals, pathetic volume, and moving averages turning against it, this token would need to pull off something extraordinary to change the game. Until that happens, we're probably looking at more downside toward $2.50 before any real recovery can even begin.
Usman Salis
