Usman Salis
⬤ XRP's recent move looks less like collapse and more like sellers running out of breath. The monthly chart shows one tall red candle followed by two short ones - the second and third candles are much smaller than the first. That sequence signals the first wave of selling has lost strength. Downward pressure has not gained speed - it has faded.
⬤ Price now hovers near two dollars, a level where activity has quieted. Each new candle is smaller than the last, a sign that heavy selling has cooled. The market is pausing, not reversing and the mood is no longer one of panic.
An analyst who reviewed the monthly structure said the pattern looks more like a “do not sell” formation than a classic sell setup.
⬤ XRP remains above its 21-month exponential moving average, a line long term traders treat as a last line of defense. While price stays above that line the broader uptrend stays intact. The chart allows three readings - a bottom may be in place, one more dip may arrive or price may drift sideways until direction resolves.
⬤ Across the wider crypto market, XRP often serves as a gauge for altcoin sentiment during those lulls. When selling ends without turning bearish, assets can mark time in a tight range. Holding above major trend support keeps the next move pointed up. What unfolds around the two dollar mark will decide whether XRP continues to consolidate or begins to rebuild momentum.
Usman Salis
