XRP/USDT – 2H – SELL

The 2H chart for XRP/USDT has fired a dense cluster of bearish signals, led by a Trendline Retreat Down and a Bear Flag pattern, with additional confirmations from DEMA, EMA, MA, and MAMA PRICE retreats, plus a MIDPOINT Break Down. The confluence of trendline, chart pattern, Fibonacci, divergence, and indicator groups points to strong selling pressure. The trend is bearish across all timeframes, with solid trends on 15m, 2H, 4H, and 8H, while 1H is choppy but still bearish. This alignment suggests the current downtrend is well-established and likely to continue.

Key levels to watch: nearest resistance at 1.02670 and support at 0.99150. A break below support could accelerate the decline, while a reclaim of resistance would invalidate the bearish setup. The STOCHF KD Cross Up indicates a short-term bounce might occur, but it is likely to be corrective within the broader downtrend. Traders should monitor price action around these levels for confirmation.