DeGRAM | XRPUSD keeps a descending structure

📊 Technical Analysis
● XRP/USD remains below the dynamic resistance line, forming a series of lower highs and lower lows that reinforce the bearish structure. The recent rejection from $2.60 and continuation within the descending pattern point to possible retests of lower supports.
● A breakdown below the $2.20–$2.00 zone could accelerate selling pressure, confirming a move toward new lows within the broader downtrend channel.

💡 Fundamental Analysis
● Recent market uncertainty and reduced risk appetite among crypto investors continue to weigh on altcoins, with XRP showing weaker recovery compared to peers.

✨ Summary
● Key resistance: $2.60. Support: $2.00. A sustained move below $2.20 could extend the decline toward $1.90.

-------------------

Share your opinion in the comments and support the idea with a like. Thanks for your support!